223 CANYON VIEW DR
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 |
|---|---|---|---|
| Aug 25, 2026 | Listed by Homestead & Ranch Real Estate | $585,000 | |
| Listed by Homestead & Ranch Real Estate | |||
| Aug 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 22, 2026 | Price Decreased |
$587,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Kuper Sotheby's Int'l Realty | $589,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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***SELLER OFFERING A 12,500 BUYER INCENTIVE*** if under contract by August 12th! Newly constructed home with fiber optic internet, privacy and views for days with an additional guest cabin to finish out as you like! A hilltop retreat where privacy meets panoramic views - cleared just enough to let the Hill Country show off, without giving up the seclusion that makes it special.Custom new build (2024)on 7.28 private acres! This one's for the buyer who wants real Hill Country not manicured suburbia. Privacy and seclusion over convenience.Some clearing has been done but privacy and views remain the top focus for this hill top retreat. The driveway carries some natural grade, and the second entrance follows a public access road easement that has been smoothed but retains its rustic character, ideal for truck and SUV owners who value the views and topography that come with true Hill Country terrain. Located in Canyon Lake Ranch and offers quality craftsmanship, a grandfathered private well, and a separate cabin ready for your personal touch. The land is your blank canvas.The two story main home offers 3 bed/2 bath, a dedicated study, open living and dining, a walk-in pantry, and an oversized 2 car garage. Engineered hardwood floors, custom Roman shades, blackout shades in all bedrooms, an Italian dual range, a wood burning oven, a Victorian gas fireplace, and filtered kitchen water showcase the custom finishes throughout. Infrastructure is dialed in with a new aerobic system under an active maintenance contract, 2,000 gal water storage, a whole house water softener, a well house, and TAEXX built-in pest defense.The separate cabin, with its own pump and water tank, is a versatile opportunity as a guest suite, a rental, or a private retreat. Sold as is and ready to make your own.No HOA. No floodplain. There's a seasonal creek, mature trees, a metal outbuilding, and open acreage with room for a pool, an arena, or whatever you envision. The property line is estimated and now staked in orange.
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| Sep 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017