1038 Candlelight Lane
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 |
|---|---|---|---|
| Jul 21, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Century 21 Olympian Galleria | $670,000 | |
| Listed by Century 21 Olympian Galleria | |||
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Beautifully updated Shepherd Park Plaza gem. Why settle for three bedrooms when you can have four? Home offers 2 full baths and an additional half-bath for your guests. With over 2300 SQFT of living space, there’s enough room everyone. Notice the extended driveway that leads to your spacious 3-car garage. The automatic iron driveway gate adds extra privacy and security. Plumbing throughout ENTIRE home updated to PEX all the way to the main supply line. Recent roof. The modern kitchen features gleaming white soft-close shaker cabinets with granite countertops and SS appliances. Kitchen opens to the spacious family room, showcasing the brick fireplace as the focal point of the room. Notice the recessed lighting throughout the main areas. ALL windows are double-pane thermal insulated. The primary suite offers TWO walk-in closets. The primary bath features double vanities, and a gorgeous frameless glass walk-in shower. Don’t miss this chance to become a resident in Shepherd Park Plaza.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017