1321 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 |
|---|---|---|---|
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by Beth Wolff, REALTORS | $1,049,900 | |
| Listed by Beth Wolff, REALTORS | |||
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Large 2012 construction zoned to Oak Forest Elementary and Black Middle by Quintessa Homes. Elegant entry accented by stone floors, wood stairs with wrought iron railing and decorative chandelier. Study with built-ins off the entry was used as a music room by the current owners. Large formal dining room with hardwood floors rounds out the entry. The two story family room overlooks the large back yard with a wall of windows. The kitchen is open to the family room and features loads of storage, break bar into the living room as well as a large island. The Viking 8 burner double oven commercial gas range and vent hood includes a pot filler and is accompanied by a side by side built-in GE Monogram refrigerator and Bosch coffee maker. The primary bedroom is down with hardwood floors, double closets large soaking tub, separate shower, double sinks and vanity. Upstairs includes three additional bedrooms, game room, media room and small office with large storage rm. Walk to Candlelight Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017