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3122 Candle Pond Lane
About This Property
Welcome to this well-maintained 3-bedroom, 2-bath home in gated Candlelight Park Estates! Beautiful landscaping creates wonderful curb appeal. Inside, engineered hardwood floors and plantation shutters throughout the home add timeless appeal. The living room features built-in shelving and a gas fireplace and opens to the dining room, accented by a brass chandelier and classic wallpaper. The kitchen offers granite countertops and an impressive oversized window above the sink.
French doors lead from the living room to a study with built-in desk and shelving. The primary bedroom features hardwood floors and an ensuite bath with dual sinks, ample storage, an oversized tub, separate shower, and two walk-in closets. Secondary bedrooms include carpet, ceiling fans, and plantation shutters.
The fully fenced backyard offers a covered patio and lush plants. Garage includes stairs leading to decked attic storage space.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by RE/MAX Partners | $249,000 | |
| Listed by RE/MAX Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017