874 Lake Canyon Drive
About This Property
Whether you're looking to build a custom estate, weekend retreat, or private getaway, this property combines privacy, tranquility, and incredible scenery in one of the community's most desirable locations.
Lake Riverside Estates is a gated community offering an unmatched lifestyle with amenities including a 55-acre fishing lake, 3,500-foot paved private airstrip, equestrian center, community pool, picnic cabanas, playgrounds, sports courts, scenic trailheads, maintained roads, private security, and gated entry. Conveniently located within a reasonable drive of Temecula, Hemet, and Palm Desert, you'll enjoy the perfect balance of peaceful country living with access to shopping, dining, and entertainment when needed.
Opportunities to own a view lot of this caliber are rare-don't miss your chance to build in one of Lake Riverside Estates' most coveted locations. ***Financing available for as little as 15% down. Call for details!***
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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 |
|---|---|---|---|
| Jul 29, 2026 | Listed by Radius Agent | $115,000 | |
| Listed by Radius Agent | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017