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22138 Drover Way
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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%.
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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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Relisted | $849,999 | |
| Relisted | |||
| Jan 19, 2026 | Listed by Century 21 Masters | $849,999 | |
| Listed by Century 21 Masters | |||
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Welcome to this stunning custom Canyon Lake pool home, perfectly positioned on a quiet cul-de-sac with breathtaking views and incredible indoor-outdoor living. From the moment you arrive, pride of ownership, thoughtful upgrades, and a true resort-style lifestyle shine throughout. Step inside to soaring natural light, beautiful finishes, and an open-concept layout ideal for both everyday living and entertaining. The kitchen offers generous storage, granite countertops, tile flooring, walk-in pantry, and a raised breakfast bar that flows seamlessly into the dining area. French doors lead to an expansive balcony — the perfect place to enjoy sunset skies and lake views — while the inviting living room below features a striking rock fireplace and dramatic architectural charm. Dual-pane windows, plantation shutters, and a whole-house attic fan keep the home energy-efficient, comfortable, and stylish year-round. The primary suite is a true retreat, featuring a private walk-out balcony with peaceful lake views, a spa-inspired bath with jacuzzi soaking tub, and a generous walk-in closet. Additional bedrooms are thoughtfully separated across the home, offering privacy and flexible living options, along with a spacious loft and built-in nook — perfect for a home office, playroom, or secondary living space. Step outside into your own private resort. The sparkling faux-rock pool features a waterfall, waterslide, spa, and energy-efficient solar heating — creating the ultimate backyard escape. Entertain year-round under the covered patio with a built-in BBQ island, sink, kegerator, and TV mount, or gather around the fire pit and relax under the stars. Additional highlights include a 3-car garage with epoxy flooring, ample storage, and a bonus room off the garage ideal for a gym, office, hobby space, or guest retreat. Canyon Lake offers offers a low 1.1% tax base with no Mello Roos bonds, 384 acre waterski/fishing lake, 16 parks most with beaches and playsets, basketball courts, baseball fields, tennis & pickle ball courts, equestrian center, 18 hole golf course, pools, dog park,has golf cart friendly streets, slalom course, ski jump, restaurants, community events and so much more!!! Live life on vacation in Canyon Lake!
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| Mar 7, 2019 | Sold | ||
| Sold | |||
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About Canyon Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017