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22373 Boating Way
About This Property
The split floor plan includes an entry level bedroom and full bath, separate dining room, and a spacious kitchen with large island seating, built-in Sub-Zero refrigerator, wine fridge and ice maker. Attractive vinyl flooring flows through the main living areas, while an interior atrium brings in natural light and unique character.
The spacious primary suite features dual sinks, a large walk in shower, oversized walk in closet and a unique outdoor waterfall grotto just outside the shower. Additional highlights include a versatile loft, water purification system, updated HVAC, a roof less than 10 years old, and a circular driveway.
Enjoy direct main lake access and all that Canyon Lake has to offer, including boating, waterskiing, wakeboarding, fishing, beaches, parks, golf, pickleball, tennis, equestrian amenities, dining and year round community events.
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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 |
|---|---|---|---|
| Oct 27, 2026 | Listed by Coldwell Banker Assoc.Brks-CL | $1,325,000 | |
| Listed by Coldwell Banker Assoc.Brks-CL | |||
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About Canyon Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017