23221 Continental Drive
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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%.
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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 |
|---|---|---|---|
| Apr 19, 2025 | Price Increased |
$639,999
↑ $4K
(0.6%) | |
| Price Increased | |||
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Century 21 Masters | $674,999 | |
| Listed by Century 21 Masters | |||
| | |||
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Welcome to this beautiful golf course home ,with PAID SOLAR, located in the highly sought-after community of Canyon Lake ! This 3-bedroom, 3-bathroom home offers spacious living areas and a variety of features designed for comfort and style. Step outside to enjoy the expansive rear patio over looking hole number 3, perfect for entertaining, and take advantage of the convenient boat parking and rear golf cart garage. The downstairs retreat offers endless possibilities—it could easily be converted into an ADU with a bedroom for additional living space (Permits and plans are approved and available). The fenced-in backyard provides a private oasis, ideal for relaxing or outdoor gatherings. Inside, the home boasts spacious living areas with plenty of natural light, while the finished garage offers extra storage or workspace. If all of that wasn't enough, Canyon Lake is a private, gated community with all gates staffed with security 24/7. Amazing amenities including a 384 acre waterski/fishing lake, 20 parks most with beaches and playsets, basketball courts, baseball fields, tennis & pickle ball courts, equestrian center, 18-hole golf course, pools, dog park, golf cart friendly streets, slalom course, ski jump, restaurants, community events and so much more!!
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| Mar 28, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017