28 Candleberry 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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Relisted | $786,450 | |
| Relisted | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed | $1,290,000 | |
| Listed | |||
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This light-filled Colonial in the desirable Candleberry neighborhood blends charm, updates, and efficiency. The vaulted ceiling and fireplace in the open kitchen/living area make it ideal for entertaining. A formal dining room and sitting room with fireplace add flexibility. The primary suite features a fireplace and vaulted-ceiling bath with soaking tub. A large mudroom with laundry and powder room completes the first floor. Upstairs offers an updated main bath, three spacious bedrooms, and a storage closet. The finished lower level includes a fireplaced entertainment space, three bonus rooms perfect for office, gym, or playroom, plus extra storage. Step outside to a serene hardscaped patio, gardens, and generous yard. Updates in the last five years—solar with battery backup, pellet stove, high-velocity heat/AC, roof, and skylights—help keep energy bills low. Enjoy top-rated schools, Bare Hill Pond, farm stands, orchards, and conservation trails.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017