20023 Caraway Ridge Drive
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by eXp Realty, LLC | $317,500 | |
| Listed by eXp Realty, LLC | |||
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Beautiful Plantation Home in 24 hour manned gated section of Canyon Lakes West (Manor) meticulously maintained by original owner. Dramatic entry with both formals, art-niches and archways, wrought iron staircase, crown molding and Austrian chandler, large den with soaring ceilings and gas-log fireplace, island kitchen with stone counters, stainless appliances and breakfast bar, Downstairs Owners retreat boasts jetted Whirlpool tub with separate shower, new custom granite counter top and walk-in closet. 3 bedrooms and game-room up. New flooring, meticulous tile, herringbone design, no scratch and waterproof. New carpet 1st floor. New water heater 2018, extra gutters, sprinkler system, faux blinds all windows, extensive community amenities, Cul-de-sac lot. Loaded with $34,000 worth of original builder upgrades! EZ access to 290, 99, I10 and Hwy6. A true move-in and unpack!
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| Nov 29, 2020 | In contract | - | |
| In contract | |||
| Oct 28, 2020 | Listed by Keller Williams - Houston-Northeast | $309,000 | |
| Listed by Keller Williams - Houston-Northeast | |||
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This Charming home rivals new construction plus offers all the upgrades you ever wanted & more! Beautiful, open floor plan, two story home in the award winning master planned community of Canyon Lake West-Manor! Gated & manned community with resort style amenities; a fitness center, swimming pool, jogging trails around the lake & clubhouse. Through the leaded glass Mahogany front door a grand 20" foyer with Austrian Crystal Chandler, open to a elegant formal living-dining room & spiral wrought iron staircase. Designer upgrades throughout include archways, crown moldings, art niches, surround sound, faux wood blinds for double-paned windows. The family room has soaring 20ft ceiling, engineered hard wood flooring w/gas fireplace. The kitchen has 42" cabinets & quartz countertops w/ stainless steel appliances. Big enough back yard for a pool, has a few fruit trees and sprinkler system. Near I-10 & 290. Home warranty available until 9/21/22. Never flooded. Schedule a showing today! The manager has listed the unit size as 2815 square feet.
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About Gates at Canyon Lakes West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017