1598 Canyon Wren Loop
About This Property
The heart of the home is the stunning great room, anchored by a floor-to-ceiling stone fireplace, exposed beams, and a striking cathedral ceiling. The gourmet kitchen is beautifully appointed with rich wood cabinetry, beverage cooler, a brand-new gas cooktop, pot-filler and a walk-in pantry ideal for entertaining or relaxed family gatherings. Multiple living spaces, including a family room and media room, provide flexibility for hosting, relaxing, or spreading out in comfort. Outdoor living is equally impressive with covered patios up & down, designed to showcase the lake and a spacious veranda overlooking the fenced backyard and hills beyond. A concrete drive leads to an oversized three-car garage with a freshly epoxied floor, plus a 20×20 shop on this scenic two-acre lot. There is an additional 333 square feet of storage space inside the home not included in the finished sqare feet.
Residents enjoy this gated neighborhood. Amenities include a clubhouse, infinity pool overlooking the lake, a fitness center, game room, boat dock and launch, party cabin, and boat storage-offering a true luxury lake lifestyle with room to breathe.
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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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by RE/MAX Elite Group | $1,100,000 | |
| Listed by RE/MAX Elite Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017