752 Shepherds Gap Road #28
About This Property
A rare, expansive level building site with an established access road provides the perfect setting for a custom luxury residence designed to embrace the spectacular vistas and cool mountain climate.
Ideally located just minutes from Cashiers, Lake Glenville, championship golf, hiking trails, waterfalls, and the area's exceptional dining and shopping, this property offers the perfect balance of privacy, convenience, and mountain elegance.
Whether you're creating a peaceful getaway or a legacy estate, this remarkable homesite offers an unparalleled opportunity to experience the extraordinary lifestyle of the Cashiers-Highlands Plateau.
Listed By
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Landmark Realty Group | $625,000 | |
| Listed by Landmark Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2024
| |
Loft
|
-
|
-
|
$699,999
Loft
-
|
-
-
|
Rob Whitney
SILVER CREEK REAL ESTATE GROUP, INC.
|
|
04/27/2022
| |
Loft
|
-
|
-
|
$750,000
Loft
-
|
-
-
|
Rob Whitney
SILVER CREEK REAL ESTATE GROUP, INC.
|
|
06/17/2021
| |
Loft
|
-
|
-
|
$880,000
Loft
-
|
-
-
|
Marsha Jones
Elite Mountain Realty, Inc.
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017