15107 CANVASBACK ROAD
About This Property
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Price Decreased |
$35,000
↓ $5K
(12.5%) | |
| Price Decreased | |||
| Jan 17, 2025 | Listed | $40,000 | |
| Listed | |||
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Explore the possibilities with this 0.46-acre lot at 15107 Canvasback Rd in the serene Royal Highlands community. Measuring 100x200 feet, this property offers ample space for a custom-built home.
Zoned for residential use, it’s perfect for creating your ideal retreat while remaining close to local amenities. Utilities are not yet available, and the road is unpaved, offering a blank canvas to bring your vision to life.
Priced at $50,000, this lot is an excellent investment in a growing area. Don’t miss this opportunity—contact us today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017