401 Candler 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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by NuWay Realty Group LLC | $269,999 | |
| Listed by NuWay Realty Group LLC | |||
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Step inside to a warm, inviting atmosphere, illuminated by dazzling new light fixtures. Glide across the brand-new flooring that seamlessly ties each room together, creating a harmonious flow throughout the home. The heart of this residence is undoubtedly the kitchen, boasting new, stylish cabinets, offering ample storage and ensuring a delightful cooking experience. Each bathroom is a haven of luxury, fitted with top-of-the-line fixtures and brand-new toilets, promising relaxation and rejuvenation. Adding significant value to this property is the separate studio, a versatile space that holds immense potential. Whether you’re looking to generate additional income through renting, need a home office, or desire a creative workshop, this studio is a blank canvas ready to adapt to your needs. Don’t miss the opportunity to call this newly renovated gem your home and enjoy the added benefit of an income-producing studio! Schedule a viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017