527 DEER RUN LANE
About This Property
Vaulted ceilings and natural light define the open main level, built for gathering. Four bedrooms and two baths give everyone room to spread out. A loft overlooks the living area and flexes as extra sleeping space, an office, or a quiet corner. The kitchen connects directly to the dining and living spaces. Outside, a hot tub, fire pit, and spacious deck sit in a private wooded setting.
Recent updates keep the home move-in ready: a whole-house water filter, replaced deck boards on the hot tub side, a new front door and porch light, fresh exterior paint, repaired roof flashing, and updated gravel around the house, pathway, and driveway. The basement bath was refreshed with new tile, vanity, faucet, and lighting.
Whether you want a full-time residence or a weekend getaway, this one puts you minutes from everything Deep Creek offers. Call today for details.
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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%.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$549,900
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Railey Realty, Inc. | $599,900 | |
| Listed by Railey Realty, Inc. | |||
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Railey Realty, Inc. | $500,000 | |
| Listed by Railey Realty, Inc. | |||
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Perfect blend of classic alpine charm and modern comfort in the sought-after Sky Valley lake access community. Full of character and designed for gathering, this inviting mountain retreat is ideal as a vacation home, investment property, or year-round escape. Outdoor living is a highlight, with a deck, private hot tub, and fire pit creating the perfect setting for relaxing after a day on the lake or slopes. Inside, the home features warm, welcoming spaces, a well-equipped kitchen, and the timeless appeal of A-frame architecture.
The open loft overlooking the main living area adds bonus space. Thoughtfully designed for comfort and connection, this property captures the relaxed mountain lifestyle that makes the Deep Creek area so special.
Ideally located in the Sky Valley community, this property offers fantastic lake access amenities, including a swim area, kayak racks, and the potential for a designated dock slip through the community waitlist.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017