23693 Cheyenne Canyon Drive
About This Property
This beautiful 3 bedroom two bath family home is located in the highly desirable neighborhood of Canyon Heights. The home features slate flooring throughout the living room, formal dining and family room and kitchen. Designer paint in each bedroom with near new carpet. There is a fourth office room that has been converted into a bedroom with built in closet space. Newly remodeled bathroom in hallway and a master suite that has slider doors leading out to the back patio with beautiful morning views. Back yard is low maintenance with pavers and designer cement to place your barbeque or maybe a jacuzzi? This home is move in ready! Low HOAs which provides you with two lovely parks for the community to enjoy! Submit your offer today!
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Relisted | $549,000 | |
| Relisted | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $549,000 | |
| Relisted | |||
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About Menifee
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$1,980 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017