23023 Canyon Lake Drive
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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 |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Aug 4, 2022 | Listed by Keller Williams Woodlands | $245,000 | |
| Listed by Keller Williams Woodlands | |||
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UPDATED home! Single story three bedroom with family room and large flex room that could be used as formal dining or game room. Major updates completed; Renewal by Anderson windows throughout, updated kitchen with updated cabinetry, Bosch dishwasher, Kenmore Pro gas range, LG microwave, countertops & faucet, updated bathrooms, new water heater, new AC & 35 year roof. Large backyard with patio. Detached 2 car garage. Additional Night Owl security system with cellphone booster & home wired with HDMI & USB jacks. Timberlane subdivision features trails, parks, tennis courts, splash pad & pool. Easy access to I-45 & Hardy tollway for easy commute. Minutes from retail & restaurants. Great investment or make home!
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by Keller Williams Realty | $183,000 | |
| Listed by Keller Williams Realty | |||
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Wonderful home located in great Timber Lane neighborhood. Many recent updates such as foundation, HVAC, plumbing, electrical panel, windows, roof, water heater, fresh paint, tile and carpet flooring! The kitchen was beautifully modified and matches the rest of the modernization in the home with luxury high end Bosch appliances, soft close drawers and doors, and classy countertops. The primary and hall baths were also updated to reflect the rest of the amazing details in the home. Make an appointment today to see all the special touches made to this fantastic house!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017