Garrett
48 SUNDANCE WAY
$700,000
●
House -
Off Market
48 SUNDANCE WAY
MC HENRY, MD 21541
3 Beds
2 Baths
1,866 Ft²
$4,333
Est. Monthly
$650
HOA / Fees
1.92%
Cap Rate
About This Property
Nestled atop Wisp Mountain in the coveted Highline Subdivision is
48 Sundance Way. This mountaintop chalet offers privacy and
proximity being only minutes from all Deep Creek Lake amenities.
ASCI and Wisp Resort are just a short walk away. This home has a
cozy atmosphere with incredible woodwork and 12" manufactured logs
throughout. Enjoy the open floorplan with vaulted ceilings and warm
up by the fire after spending the day at Wisp. There is plenty of
outdoor living space with a huge deck and a stone patio. The custom
stone fireplace and Hot Spring saltwater hot tub are perfect for
chilly evenings. This home features high-end finishes
throughout. Recent improvements include: a new roof with
architectural shingles, new stainless steel Samsung kitchen
appliances, new LG washer/dryer, and all new beds/mattresses.
The exterior and interior have both recently been stained and
painted. This is the perfect four-season mountaintop getaway!
Unit Size
1,866 Ft²
Days on Market
12 days
Land Size
0.59 acres
Price per sqft
$402
Property Type
House
Property Taxes
$409
HOA Dues
$650
Year Built
2010
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDGA2006522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Price Decreased |
$749,999
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Mar 17, 2024 | Price Decreased |
$775,000
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by Railey Realty, Inc. | $795,000 | |
| Listed by Railey Realty, Inc. | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Garrett
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Listed by: Lucas Muenchow
Railey Realty, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDGA2006522
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Railey Realty, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDGA2006522
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