$599,000
●
House -
Off Market
29826 Sloop Drive
Canyon Lake, CA 92587
3 Beds
2 Baths
1,369 Ft²
$3,292
Est. Monthly
$350
HOA / Fees
5.31%
Cap Rate
About This Property
Welcome to this charming single-level 3 bedroom, 2 bathroom home
nestled in the gated community of Canyon Lake. Situated on a
spacious, pool-sized lot, this move-in ready gem features
beautifully remodeled guest and primary bathrooms, newer windows
and sliding doors, and an upgraded A/C system for year-round
comfort.
Inside, you'll find stylish laminate flooring throughout, plantation shutters, and ceiling fans that add both comfort and character. The updated kitchen is a standout with granite island, stainless steel appliances, and ample cabinetry-perfect for entertaining or casual family meals.
Step outside to a low-maintenance backyard retreat complete with your very own private putting green and a covered patio-ideal for relaxing or hosting gatherings. Whether you're looking for a peaceful full-time residence or a weekend getaway in this unique lakeside community, this home offers comfort, upgrades, and lifestyle all in one.
Located in the gated recreational Canyon Lake community with access to boating, beaches, tennis, golf, and more. Conveniently located to both the 15 and 215 freeways!
Inside, you'll find stylish laminate flooring throughout, plantation shutters, and ceiling fans that add both comfort and character. The updated kitchen is a standout with granite island, stainless steel appliances, and ample cabinetry-perfect for entertaining or casual family meals.
Step outside to a low-maintenance backyard retreat complete with your very own private putting green and a covered patio-ideal for relaxing or hosting gatherings. Whether you're looking for a peaceful full-time residence or a weekend getaway in this unique lakeside community, this home offers comfort, upgrades, and lifestyle all in one.
Located in the gated recreational Canyon Lake community with access to boating, beaches, tennis, golf, and more. Conveniently located to both the 15 and 215 freeways!
Unit Size
1,369 Ft²
Days on Market
41 days
Land Size
0.17 acres
Price per sqft
$438
Property Type
House
Property Taxes
-
HOA Dues
$350
Year Built
1983
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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: 2 years ago (CRMLS #SW25130234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Coldwell Banker Assoc.Brks-CL | $599,000 | |
| Listed by Coldwell Banker Assoc.Brks-CL | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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About Canyon Lake
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Listed by: Lori Robinson, Coldwell Banker Assoc.Brks-CL
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25130234
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25130234
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