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3936 Canehill
About This Property
The main house, a 1954 Carson Park home, has been renovated into a 3-bedroom, 2-bath retreat. The white oak front door opens to a stacked-stone wall lit from within, while beautiful wood veneer doors from Urban Doors add warmth throughout. The living room was opened up and finished in Portola limewash, with a beam wrapped in walnut-stained wood and a custom media wall featuring a built-in bench and LED backlighting. The wraparound kitchen is the heart of the house: two-tone cabinetry, porcelain counters that extend into a full-height porcelain backsplash, a limewashed hood, CAFE appliances with brushed brass accents, an expanded pantry and a beverage center worked right into the layout. The new primary suite added the home's second bath, with a fluted porcelain shower, illuminated niche, dual vanity and backlit mirrors. Designer wallcoverings give the bedrooms and hall bath real personality.
Then there's the second home. The brand-new 2026 ADU, approximately 748 square feet, offers 3 bedrooms, 2 baths, its own entrance and its own private yard. This all-electric home features HVAC, a white oak and forest green kitchen with travertine-look porcelain counters, and a primary bedroom with its own bath and door to the outside.
Outside, herringbone pavers, a composite deck with an iron railing, two fire pits and a custom-built breeze-block wall create inviting places to gather while giving each home its own outdoor space. Just a few minutes' drive from Long Beach Towne Center and the 605, this thoughtfully transformed property brings together designer finishes, independent living spaces and the everyday appeal of life beside Heartwell Park.
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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.
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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 30, 2026 | Listed by Blue Pacific Property | $1,749,900 | |
| Listed by Blue Pacific Property | |||
| Jun 17, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | Listed by Coldwell Banker Realty | $800,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017