1400 CANDLELIGHT DR #231
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by MORE Realty, Inc. | $92,500 | |
| Listed by MORE Realty, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2024
|
2 Bed
|
2 Bath
|
995 ft²
|
$87,000
2 Bed
2 Bath
995 ft²
|
-
-
|
Stuart Hollander
Windermere RE Lane County
| |
|
03/29/2024
|
2 Bed
|
2 Bath
|
1368 ft²
|
$110,000
2 Bed
2 Bath
1368 ft²
|
-
-
|
Ling Ling Zhu
RE/MAX Integrity
| |
|
03/20/2024
|
3 Bed
|
2 Bath
|
1350 ft²
|
$174,995
3 Bed
2 Bath
1350 ft²
|
-
-
|
Eric Zechenelly
Willamette Equity Brokerage LLC
| |
|
11/03/2023
|
2 Bed
|
1 Bath
|
756 ft²
|
$59,000
2 Bed
1 Bath
756 ft²
|
-
-
|
Jevon Pyle
Signature Realty Group
| |
|
08/18/2023
|
2 Bed
|
2 Bath
|
1056 ft²
|
$155,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Jevon Pyle
Signature Realty Group
| |
|
08/09/2023
|
2 Bed
|
2 Bath
|
925 ft²
|
$59,000
2 Bed
2 Bath
925 ft²
|
-
-
|
Pamela Kersgaard
Hybrid Real Estate
| |
|
07/10/2023
|
3 Bed
|
2 Bath
|
1391 ft²
|
$172,999
3 Bed
2 Bath
1391 ft²
|
-
-
|
Eric Zechenelly
Willamette Equity Brokerage LLC
| |
|
05/12/2023
|
3 Bed
|
2 Bath
|
1368 ft²
|
$99,000
3 Bed
2 Bath
1368 ft²
|
-
-
|
Jon Bonynge
Real Broker
| |
|
02/09/2023
|
3 Bed
|
2 Bath
|
1248 ft²
|
$72,000
3 Bed
2 Bath
1248 ft²
|
-
-
|
Renee Swartz
RE/MAX Integrity
| |
|
10/10/2022
| |
3 Bed
|
2 Bath
|
1404 ft²
|
$80,000
3 Bed
2 Bath
1404 ft²
|
-
-
|
Kathy Maple
Windermere RE Lane County
|
|
10/03/2022
|
2 Bed
|
2 Bath
|
1056 ft²
|
$140,000
2 Bed
2 Bath
1056 ft²
|
-
-
|
Kathy Maple
Windermere RE Lane County
| |
|
09/14/2022
|
3 Bed
|
2 Bath
|
1809 ft²
|
$69,900
3 Bed
2 Bath
1809 ft²
|
-
-
|
Birgit Dugan
Coldwell Banker Professional Group
| |
|
04/19/2022
|
3 Bed
|
2 Bath
|
1368 ft²
|
$95,000
3 Bed
2 Bath
1368 ft²
|
-
-
|
Bryan Rehnberg
Premiere Property Group LLC
| |
|
09/16/2018
| |
3 Bed
|
2 Bath
|
1755 ft²
|
-
3 Bed
2 Bath
1755 ft²
|
-
-
|
-
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017