30
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5802 Cannonade CT
About This Property
And then there's the backyard. It is hard to find a property anywhere in Westlake that gives you a pool, a full sport court AND still leaves plenty of usable yard for kids, pets, entertaining or just enjoying the outdoors. It is one of those backyards that actually gets used and makes this home especially hard to duplicate.
Inside, the primary suite is on the main level along with the kitchen, dining and living spaces, all with an easy, open flow. Upstairs are three additional bedrooms, two full baths, a game room and an oversized laundry room with plenty of extra space.
More than anything, this house just feels good. It is warm, inviting, charming and comfortable without trying too hard. Everything has been updated and cared for, so the next owner can simply move in and start enjoying it.
The home is vacant and easy to show. We are happy to accommodate showings most anytime.
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by Moreland Properties | $1,995,000 | |
| Listed by Moreland Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017