4419 Flat Mountain Road
About This Property
The land unfolds with a private pond, native rhododendron, wooded trails, gentle natural beauty, and several potential homesites where long-range mountain views may be opened with thoughtful tree limbing or clearing. A trail has already been cleared so the property can be toured with ease, allowing you to walk the land, take in the setting, and visit the charming old one-room cabin built when the current owner was a child. The cabin is not livable and is conveyed at no value, but it adds a nostalgic sense of history and character to the property.
With no HOA and no restrictions, the possibilities are unusually broad. Create a private mountain retreat designed around the views, develop multiple homesites, establish a quiet compound, enjoy the land for hunting or camping, explore timber or agricultural use, or hold it as a legacy property in a highly desirable mountain market. The combination of acreage, privacy, pond frontage, USFS adjacency, and potential view sites makes this offering especially compelling.
Beyond the property, the Highlands-Cashiers Plateau offers a celebrated lifestyle shaped by cool mountain air, outdoor adventure, cultural events, boutique shopping, dining, music, and year-round community gatherings. Spend the day exploring nearby trails and waterfalls, then enjoy Highlands events such as Saturday Music on Pine, Bear Shadow Concerts, and Chamber activities, or Cashiers favorites like Groovin' on the Green, the Plein Air Festival, and seasonal social events. This is more than land; it is a canvas for an elevated mountain life, with room to dream, build, gather, explore, and preserve.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Listed by MOUNTAIN LIFE REAL ESTATE, LLC | $1,200,000 | |
| Listed by MOUNTAIN LIFE REAL ESTATE, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017