525 Schoolhouse Ridge
About This Property
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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 11, 2026 | Listed by Berkshire Hathaway HomeServices Vincent Properties | $1,350,000 | |
| Listed by Berkshire Hathaway HomeServices Vincent Properties | |||
| May 31, 2026 | No longer available | - | |
| No longer available | |||
| Oct 24, 2025 | Listed by Zema Realty Group, LLC | $1,690,000 | |
| Listed by Zema Realty Group, LLC | |||
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Welcome to your mountain sanctuary at 525 School House Ridge, Boone NC — a private estate tucked away with over 14+ acres of serene mountain landscape, yet only minutes from town conveniences. This inviting log-style home offers 3,226 sq ft of living space with 5 spacious bedrooms, 5 full baths, a finished basement and a detached garage with a above studio with a bathroom with enough room for living, guests, and hobbies alike.
Step inside to warm timber accents, abundant natural light, and thoughtfully laid-out spaces designed for both comfort and connection. On the main level you’ll find living, dining and the kitchen anchored by rustic charm and modern convenience, while upstairs and downstairs provide flexible zones—ideal for work, play, rest or hosting.
Outside, you’ll never feel crowded: over 14+ acres stretched out in scenic beauty, giving you tree-lined privacy and the freedom to roam or relax at your leisure. Whether you’re sipping your morning coffee on the deck while sitting at the over-size hemlock table or enjoying the jacuzzi or exploring the land, or cozying up by one of your fireplaces, this property offers a true mountain-living experience.
Make this your everyday escape home where space, nature and life come together in harmony. This well-built home also could entertain an Airbnb investment with no restriction, home is being sold AS-IS. so the ideas are unlimited.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017