517 Canon View Trail
About This Property
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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 |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$1,599,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Compass | $1,699,000 | |
| Listed by Compass | |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Mar 3, 2024 | Price Decreased |
$1,799,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Nov 9, 2023 | Listed by Compass | $1,899,000 | |
| Listed by Compass | |||
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Huge price improvement! Welcome to this stunning property nestled in picturesque Topanga Canyon, offering breathtaking canyon views from every room. This woods-surrounded retreat boasts an abundance of outdoor space, allowing you to fully immerse yourself in the natural beauty that surrounds you. The house itself was thoughtfully rebuilt in 2009, offering modern amenities and a seamless blend of indoor and outdoor living. Clad in redwood with seamless wraparound decking throughout, the main house includes three bedrooms and two baths, as well as a separate studio and half bath. With light pouring into every room, the home's warmth exudes throughout. As you enter the home, the dining room and kitchen open into a large deck perfect for entertaining or taking advantage of the serenity. With a cozy family room and separate upstairs den, you'll be able to catch up on all the reading you've put off, a glass of wine in hand and warmed up in a blanket. The separate guesthouse and studio provide additional versatility and space, allowing for an artist's retreat, a home office, or a private sanctuary for guests. Outside, you'll find an array of outdoor spaces that are perfect for relaxation and entertaining. Whether it's a morning cup of coffee on one of the redwood decks, a barbecue with friends on the patio, or a peaceful stroll through the enchanting trees, this property offers endless opportunities to enjoy the serene surroundings. With mature landscaping, terraced gardens, and playful nooks aplenty, this property is indeed your own self-sustaining haven. So much beauty and right in the best area of Topanga Canyon! Walkable to the village and right by hiking trails that lead to Topanga Elementary School. A short drive and you're staring at the Pacific Ocean in the heart of Malibu. This is the escape we've all been searching for. The manager has listed the unit size as 1378 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017