6 CEDAR LANE
About This Property
Located within the highly sought-after Yough Mountain Resort community, this property offers access to more than 2,000 acres of private wilderness to explore and enjoy year-round.
This land is at the top of the mountain where it is generally quieter. It has been surveyed for a well site and has been perked. The surrounding lots are unbuildable, so you will not have immediate neighbors.
Just minutes from Deep Creek Lake and Wisp Resort, Yough Mountain Resort provides an unmatched outdoor lifestyle with private hunting and fishing areas, ATV and snowmobile trails, community pavilions, playgrounds, sports courts, and expansive green spaces.
Whether you're seeking a peaceful retreat surrounded by nature or an active recreational escape, this property offers the ideal setting to create your dream mountain destination.
There are professional drawings for a sand mound septic system, and a new survey as of a few years ago.
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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 10, 2026 | Price Decreased |
$12,500
↓ $7K
(34.2%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Taylor-Made Deep Creek Sales | $19,000 | |
| Listed by Taylor-Made Deep Creek Sales | |||
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2023 | Listed by Railey Realty, Inc. | $11,500 | |
| Listed by Railey Realty, Inc. | |||
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This buildable wooded lot is the perfect location for your vacation get-a-way home! The Yough Mountain Resort community is close to Deep Creek Lake and Wisp, and has it's own private hunting and fishing areas, ATV/snowmobile trails, pavilion, playground, sport courts, and over 2,000 acres of green space! Sellers have recently paid for a new survey and professional engineer drawings for a sand mound septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017