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2208 N Cannes DR
About This Property
Located one block from Rosemary Denny Park, you'll have easy access to a fishing pond, community clubhouse, playground, picnic areas, and sports courts. Also just a block away is the entrance to the scenic trail system around Muir Lake, connecting you to Lakeline Park for miles of hike and bike enjoyment.
Inside, the home features an updated kitchen (less than 4 years old) that opens seamlessly to the main living area, creating a bright and functional open-concept layout. Durable tile flooring runs throughout the living spaces and kitchen. A formal dining room provides flexibility for entertaining or everyday use.
The spacious primary suite includes a very large walk-in closet and a versatile flex room with a separate exterior entrance-ideal for a home office, playroom, or private workspace for a home-based business. Two additional bedrooms and a second full bath complete the interior.
Step outside to a large, private backyard with mature trees, a storage shed, and a fabulous screened-in porch with composite decking-perfect for relaxing year-round. There's also ample space to park an RV, trailer, or boat.
Major systems including the roof, HVAC, water heater, kitchen, and flooring have been updated offering peace of mind and modern comfort. Benefit from very low property taxes and ask about a 100% financing option with no mortgage insurance.
One of the lowest-priced homes currently on the market in Cedar Park and arguably the best value for its condition. This is a rare opportunity to secure a move-in-ready home with space, flexibility, and convenience in one of the area's most accessible and charming locations.
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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.
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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 25, 2026 | Listed by REALTY CAPITAL CITY | $330,000 | |
| Listed by REALTY CAPITAL CITY | |||
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About Riviera Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017