$1,180,000
●
House -
Off Market
864 MOUNTAINVIEW DR
OAKLAND, MD 21550
5 Beds
4 Baths,
1
Half Bath
2,397 Ft²
$7,339
Est. Monthly
$1,500
HOA / Fees
1.21%
Cap Rate
About This Property
Not your average mountain escape! Contemporary simplicity
reflecting comfort and style that will not disappoint you for four
seasons of adventure at Deep Creek Lake. Combining an abundance of
glass bringing the outside in, with clean modern lines, and quality
materials that highlight the natural surroundings. The open floor
plan flows seamlessly from living room with fireplace, to the
dining room, into the gourmet chef's kitchen, right out onto the
deck for a private and comfortable setting with family and friends.
Lower level has plenty of space for lounging with one of the
rooms currently being used as a home gym and the other as an
office. Let's not forget about use of the Mountainside Marina club
on the lake and lake access too.
Unit Size
2,397 Ft²
Days on Market
14 days
Land Size
1.84 acres
Price per sqft
$496
Property Type
House
Property Taxes
$652
HOA Dues
$1,500
Year Built
2021
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Cap Rate
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: 3 years ago (Bright MLS #MDGA2006808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Relisted | $1,189,000 | |
| Relisted | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Price Decreased |
$1,189,000
↓ $61K
(4.9%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Garrett
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Listed by: Russell Bounds
Railey Realty, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDGA2006808
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Railey Realty, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDGA2006808
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