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22672 Pin Tail Drive
About This Property
The property is situated in the heart of Canyon Lake, known as "A Little Bit of Paradise" and one of Southern California's only gated cities. As a resident, you'll have access to a wealth of private amenities, including:
The Lake: A pristine 400-acre lake perfect for boating, fishing, water skiing, wakeboarding, and paddleboarding.
Golf: An 18-hole golf course with stunning views.
Parks and Beaches: Over a dozen green spaces and sandy beaches, with playgrounds, picnic areas, and walking trails.
Recreation: Multiple swimming pools, lighted tennis and pickleball courts, a baseball field, and an equestrian center.
The community is also served by the highly-regarded Lake Elsinore Unified School District, with Cottonwood Canyon Elementary, Canyon Lake Middle School, and Temescal Canyon High School all nearby.
Don't miss this chance to secure a desirable parcel in a vibrant, secure neighborhood where you can create a custom lifestyle you've always dreamed of. Contact us today to learn more about this incredible opportunity!
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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 4, 2026 | Price Decreased |
$198,000
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$199,000
↓ $2K
(1%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by TCB Real Estate Services | $201,000 | |
| Listed by TCB Real Estate Services | |||
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017