1
Map
$438,000
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House -
Off Market
22761 Cascade Drive
Canyon Lake, CA 92587
3 Beds
2 Baths,
1
Half Bath
2,096 Ft²
$663,842
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
VIEWS VIEWS VIEWS !! A MUST SEE !! SELLER IS MOTIVATED, MAKE OFFER
!!Live in your PRIVATE Little Bit of Paradise-This Canyon Lake
Custom Built Home has many desirable features, Lots of parking in
your driveway with easy boat and RV access. The kitchen / family
room has custom tile, custom built-ins and a wood burning
fireplace. Granite counter tops with stainless steel appliances in
kitchen. Other features include an indoor laundry room with W/D to
remain. All bedrooms are upstairs, Large Mstr Bedroom with sitting
area and a spa like master Bath separate tub/shower and
custom built in walk in closet and have a cup of coffee on your
private master Patio with amazing views !! 2 more bedrooms with a
Jack and Jill bath between bedrooms 2 and 3 walk in shower and
separate vanities for each room. Also featured is the private
covered courtyard off the kitchen for BBQs and entertaining. The
Lush landscaped patios which surround the entire home. The open
living/Dinning rooms are great for entertaining, Additionally,
there are custom garage cabinets and epoxy flooring. Also features
an attic storage with subfloor. The home is entirely landscaped
with automatic drip systems in place. The Quiet Cool (2) attic
fans, and ceiling fans to save you on energy. Canyon Lake is a
gated family community on a Beautiful lake that is known for its
boating, fishing, golf course, horse stables, parks, boat ramp
areas, and a multitude of other features such as tennis,
basketball, ect
Unit Size
2,096 Ft²
Days on Market
83 days
Land Size
0.17 acres
Price per sqft
$215
Property Type
House
Property Taxes
-
HOA Dues
$248
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW19041607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2019 | Sold | ||
| Sold | |||
| Feb 23, 2019 | Listed by Tarbell, REALTORS | $449,990 | |
| Listed by Tarbell, REALTORS | |||
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Oct 5, 2017 | Listed by Diamond Real Estate Group Inc | $409,900 | |
| Listed by Diamond Real Estate Group Inc | |||
 | |||
|
This Canyon Lake single family home is two story with many desirable features. The kitchen / family room has custom tile, built- in book shelves and a fireplace. Granite counter tops with stainless steel appliances in kitchen which will include refrigerator. Other features include an indoor laundry room with washer and dryer to remain. All bedrooms are upstairs, with a Jack and Jill bath between bedrooms 2 and 3. Bedroom 3 is currently an office area with a built-in desk, shelving and computer area. Also featured is the private covered courtyard off the kitchen, the sun porch off of the master bedroom, and the landscaped patios which surround the kitchen, family and living room areas. The Living room / dining room combination entertain well. Additionally, there are custom garage cabinets, attic storage with subfloor, and two parking areas for boat or RV vehicle.
The home is entirely landscaped with automatic drip systems in place. The Quiet Cool (2) attic fans, and ceiling fans make for good air circulation.
Canyon Lake is a gated family community on a 380 acre lake that is known for its boating, fishing, golf course, horse stables, parks, boat ramp areas, and a multitude of other features such as tennis, basketball, and pickleball courts.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Canyon Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jenny Myers, Tarbell, REALTORS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19041607
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19041607
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