3911 Candle Gate Lane
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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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Compass RE Texas, LLC - Katy | $585,999 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Welcome home to 3911 Candle Gate Lane of Katy's Pine Mill Ranch community. What is there not to love about this home? With exemplary Katy ISD schools nearby, this home offers both luxury and educational excellence. There is beautiful tile and wood flooring in common areas of the first floor. You get 6 true bedrooms and 4 full bathrooms, all spacious! Off the foyer is your home office with lots of natural light. The kitchen opens up to the living and dining space for easy conversation. The open-concept kitchen is sure to inspire with its high-end appliances, large island breakfast bar, beautiful backsplash, and crisp white cabinets. The primary bedroom has a large closet, and private bathroom with soaking tub and glass-enclosed shower. Upstairs you will find a huge game room and media room that is all about family fun! Outside is a sprawling backyard space, with the back extended covered patio, just waiting for the backyard BBQ's. Call now to schedule your private showing.
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| May 29, 2024 | No longer available | - | |
| No longer available | |||
| Feb 26, 2024 | Listed by CENTURY 21 Western Realty, Inc | $599,000 | |
| Listed by CENTURY 21 Western Realty, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017