3406 Red Candle Drive
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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 24, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by RE/MAX Universal Northwest | $389,990 | |
| Listed by RE/MAX Universal Northwest | |||
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WOW UPDATES GALORE!!!!! GRAND ENTRY....LAMINATE/ENGINEERED WOOD FLOORING INCLUDING STAIRS/DEN/FORMAL LIVING/FORMAL DINING/UPSTAIRS LANDING/PRIMARY BEDROOM....KITCHEN REMODELED WITH UPDATED STAINLESS STEEL APPLIANCES/GRANITE COUNTERS/ISLAND/UNDER COUNTER LIGHTING....3 LIVING AREAS.....PLUS A STUDY/FLEX SPACE.....BUILIT-INS.....PRIMARY BEDROOM IS DOWNSTAIRS WITH UPDATED BATHROOM/STONE COUNTERS/REPLACED TUB WITH TILE SURROUND/SEPARATE SHOWER......OVERSIZED 2 CAR GARAGE..... UPSTAIRS BALCONY OFF OF GAME ROOM.....STEP OUT TO THE BACKYARD OASIS WITH LUSH LANDSCAPING WITH COVERED PATIO....REPLACED FENCE....UPDATED HARDI-PLANK EXTERIOR...REPLACED A/C....REPLACED ROOF.....SPRINKLER SYSTEM FRONT AND REAR....WINDOWS ALL REPLACED WITH WINDOW WORLD....SOLAR PANELS ARE OWNED AND CONVEY TO BUYER.....LOW LOW ELECTRIC BILLS... .....HOME WARRANTY PAID FOR BUYER WITH SELECT WARRANTY UNTIL DECEMBER 2027!!!!!!!!!.........HIGH AND DRY/NEVER FLOODED
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017