1515 Candlelight Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,249,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Fabulous newer construction in a prime location in desirable Oak Forest! Charming curb appeal w/covered front porch. Light & bright family room w/wall of windows & beautiful custom built-ins featuring a bar area w/open shelving & wine fridge plus a wall of custom storage & display shelves w/Cambria Quartz waterfall countertops. Chef's kitchen equipped w/oversized island & light filled dining space; open floor plan ideal for entertaining! Large 1st floor primary suite w/dreamy bath & massive closet. Two beds down w/shared bath; flex spaces could be used as a study,gym, or playroom. Powder room. Two add'l sizable guest beds up; each w/their own bath & walk-in closets! Spacious 2nd floor game room. Quartz counters & hardwood floors throughout! Incredible oversized backyard w/covered patio & expansive green space offers plenty of room for a pool & for pets/kids to play. Storage galore! Located across the street from popular Candlelight Park. Zoned to Oak Forest Elementary. A must see!
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About North Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017