793 MOUNTAINVIEW DRIVE
About This Property
Discover rustic elegance and modern comfort in this beautifully updated 3-bedroom, 2.5-bath lake access home nestled on a private, wooded 1.18-acre lot in the coveted Mountainside community at Deep Creek Lake. Offering one-level living and a warm, inviting atmosphere, this property blends mountain charm with upscale finishes.
Step inside to find brand-new luxury flooring, granite kitchen counters, sleek stainless steel appliances, and modern rustic light fixtures. Large windows in the living room flood the space with natural light and frame peaceful views of the surrounding woods. The seamless layout provides easy living all on one level, including a spacious primary suite.
Relax and unwind on the quiet back deck, complete with a hot tub, or gather around the fire pit in the backyard after a day of lake or mountain adventures. The oversized front yard and paved driveway enhance the property's appeal, along with a spacious two-car attached garage.
Located in the prestigious Mountainside community, enjoy exclusive amenities including private roads, a lakefront clubhouse with a party room, kitchen, restrooms, and canoe/kayak storage. Swim, play tennis or basketball, and soak in the serene lake setting. Centrally located to restaurants, shops, marinas, and just 5 minutes from Wisp Resort, this home offers year-round enjoyment. Boat slip possibilities via HOA lottery.
This is mountain lake living at its finest-schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017