Garrett
78 CEDAR SHORES DRIVE
$695,000
●
House -
Off Market
78 CEDAR SHORES DRIVE
MC HENRY, MD 21541
5 Beds
4 Baths,
1
Half Bath
2,746 Ft²
$4,255
Est. Monthly
4.84%
Cap Rate
About This Property
Stunning 5BR, 4.5BA Log Home with Spectacular Lake & Mountain
Views!
This beautifully crafted 3-level log home offers western exposure with breathtaking sunsets over Deep Creek Lake and Wisp Resort. Located in the heart of McHenry, just minutes from top amenities, shops, dining, and year-round recreation. Enjoy outdoor living on the expansive deck or unwind in the private hot tub under the stars. Inside, the spacious layout is perfect for gatherings, with rustic charm and modern comfort throughout. Currently an established vacation rental with Railey Vacations-an ideal opportunity for investment or personal retreat. Don't miss this rare combination of location, views, and income potential!
This beautifully crafted 3-level log home offers western exposure with breathtaking sunsets over Deep Creek Lake and Wisp Resort. Located in the heart of McHenry, just minutes from top amenities, shops, dining, and year-round recreation. Enjoy outdoor living on the expansive deck or unwind in the private hot tub under the stars. Inside, the spacious layout is perfect for gatherings, with rustic charm and modern comfort throughout. Currently an established vacation rental with Railey Vacations-an ideal opportunity for investment or personal retreat. Don't miss this rare combination of location, views, and income potential!
Unit Size
2,746 Ft²
Days on Market
291 days
Land Size
0.27 acres
Price per sqft
$273
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
2007
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (Bright MLS #MDGA2009062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$750,000
↓ $45K
(5.7%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Apr 12, 2025 | Listed by Railey Realty, Inc. | $825,000 | |
| Listed by Railey Realty, Inc. | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Garrett
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Listed by: Nick Fratz-Orr
Railey Realty, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDGA2009062
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Railey Realty, Inc.
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDGA2009062
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