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1419 Candlelight Lane
About This Property
Forest Elementary and in the highly desired neighborhood of Oak Forest. The stunning property
features 5 bedrooms and 5.5 bathrooms with a fantastic open concept floor plan, media room, and
3 car garage. A chef's dream, the kitchen presents a gorgeous oversized island, high end
appliances, ample storage, walk-in pantry, pot filler, full home filtration system, and so much
more! Escape to the oversized primary retreat and relax in the fabulous primary bath with wet
bar and oversized closet. Perfect for entertaining, the outdoor kitchen leads to the beautifully
manicured backyard with plenty of space for a pool. Conveniently located just steps from
Candlelight Park, the home provides easy access to the Heights and Galleria while just minutes
from major highways 610, 290, i10, 45, and 59. Schedule a tour today!
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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 |
|---|---|---|---|
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Price Decreased |
$1,499,900
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $1,599,900 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| Dec 27, 2025 | No longer available | - | |
| No longer available | |||
| Sep 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017