9401 Lake Canyon
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 20, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by The Comana Company, Inc. | $759,000 | |
| Listed by The Comana Company, Inc. | |||
| | |||
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Welcome to your new home in Santee! This charming 3-bedroom, 2-bath home sits on a large lot with sweeping views of the mountains and valley, providing a peaceful backdrop for daily living. Enjoy the comfort of a newer oversized HVAC system with a smart thermostat, a brand-new water heater, and newer appliances including a washer/dryer, refrigerator, and garbage disposal. The home features newer single-surface tile floors and a newly updated vanity in the primary bathroom, adding a fresh and modern touch. Recently installed turf enhances your outdoor space, making it easy to enjoy the large yard with low maintenance. Located in a great neighborhood near Santee Lakes, this home is priced for a quick sale and ready for its next owner to move in and start enjoying the Santee lifestyle.
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| Aug 1, 2016 | Sold | ||
| Sold | |||
| May 30, 2016 | Listed by Keller Williams Carmel Valley | $450,000 | |
| Listed by Keller Williams Carmel Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017