3927 Candle Gate 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 |
|---|---|---|---|
| May 11, 2025 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed by Keller Williams Premier Realty | $525,000 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
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Discover your dream home nestled in the heart of Katy! The stunning design features an open concept floor plan seamlessly integrating the kitchen—with its island & bar seating—& dining area, perfect for modern living & graceful entertaining. Solar-powered & eco-friendly, thanks to Tesla solar panels, this home acknowledges your environmental concerns while maintaining high performance. Fresh paint & abundant natural light enhance the ambiance, providing a fresh, airy feel throughout. Additional luxuries include a large primary suite, a sprawling game room upstairs, & a cozy media room, ensuring there's always something to keep everyone entertained. The office/study area serves as an ideal workspace while the no-carpet flooring throughout promises ease of maintenance. With its two-story family room, this residence truly redefines spacious living. Be prepared to be wowed by this entertainers’ paradise—a perfect blend of comfort, convenience,& charm. Are you ready to make it yours?
| |||
| Mar 7, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by eXp Realty, LLC | $487,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017