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49 GREENSTONE WAY
About This Property
The home's striking architecture is highlighted by soaring ceilings, oversized windows, and an open-concept floor plan that fills the interior with natural light. The spacious great room flows seamlessly into a chef-inspired kitchen featuring premium finishes, abundant cabinetry, and generous dining space ideal for entertaining. Designed with recreation and relaxation in mind, the property showcases a rare private indoor swimming pool, creating a true four-season resort experience. Additional entertainment space includes a game room and multiple gathering areas throughout the home. Outdoor living is equally impressive, with expansive covered decking with plenty of entertainment space, and a hot tub positioned to enjoy the peaceful wooded surroundings. Whether hosting guests or unwinding after a day of outdoor adventure, the setting offers the perfect balance of privacy and luxury. Ideally situated less than a mile from Lodestone Golf Course, and minutes from Deep Creek Lake-the property provides convenient access to boating, skiing, hiking, golf, restaurants, breweries, and countless year-round opportunities. The location, combined with the home's premium amenities and spacious layout, makes Sunset Serenity a rare and unique opportunity to to own a private mountain retreat, with all the stylish modern comforts of home!
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$1,799,900
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Railey Realty, Inc. | $1,899,900 | |
| Listed by Railey Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017