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1322 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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Compass RE Texas, LLC - Houston | $2,199,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| May 16, 2025 | Listed | $2,199,000 | |
| Listed | |||
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Stunning new construction in highly sought-after Oak Forest blends timeless transitional design with exceptional functionality. This expansive 5-bedroom home offers over 5,000 sq ft of luxurious living space, situated on 12,000+ square ft lot and includes a first-floor primary suite for ultimate comfort and privacy. Entertain with ease on the oversized covered patio featuring a full outdoor kitchen, with plenty of room left for a future pool and playscape. Upstairs, you’ll find four generously sized bedrooms, a spacious game room, two versatile office spaces, and dual laundry rooms—perfect for today’s dynamic lifestyle. Estimated completion date is June 30, 2025. Please contact agent for a full list of features that will be added to the listing at a later time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017