51
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3206 Candlewood Drive
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 |
|---|---|---|---|
| Dec 1, 2025 | Listed by Coldwell Banker Preferred Realtors | $424,900 | |
| Listed by Coldwell Banker Preferred Realtors | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed | $424,900 | |
| Listed | |||
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Discover a unique opportunity to own this charming Northeast gem, currently operating as a successful Airbnb! Featuring three separate living spaces, each with its own distinct appeal: The Avocado Suite: A spacious 2-bedroom, 1-bath space offering approximately 700 sq. ft. of comfortable living. Complete with a full kitchen and inviting living area—perfect for extended stays. The Orange Suite: This cozy 1-bedroom, 1-bath space features approximately 450 sq. ft., a convenient kitchenette, and a warm living area with a charming fireplace. The Grapefruit Suite: A newly renovated studio apartment with its own private entrance, offering 1 bedroom and 1 bath—ideal for guests seeking privacy or an in-law quarters. Enjoy energy efficiency with owned solar. Sip your favorite beverage under the covered patio while the nearby citrus trees add a touch of nature and freshness! Convenient alley access makes coming and going a breeze! Come tour this versatile beauty today!
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| Mar 10, 2025 | Listed | $429,900 | |
| Listed | |||
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Discover a unique opportunity to own this charming Northeast gem, currently operating as a successful Airbnb! Featuring three separate living spaces, each with its own distinct appeal: The Avocado Suite: A spacious 2-bedroom, 1-bath space offering approximately 700 sq. ft. of comfortable living. Complete with a full kitchen and inviting living area—perfect for extended stays. The Orange Suite: This cozy 1-bedroom, 1-bath space features approximately 450 sq. ft., a convenient kitchenette, and a warm living area with a charming fireplace. The Grapefruit Suite: A newly renovated studio apartment with its own private entrance, offering 1 bedroom and 1 bath—ideal for guests seeking privacy or an in-law quarters. Enjoy energy efficiency with owned solar. Sip your favorite beverage under the covered patio while the nearby citrus trees add a touch of nature and freshness! Convenient alley access makes coming and going a breeze! Come tour this versatile beauty today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017