4902 Candleglow 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 |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Oaks Realty | $775,000 | |
| Listed by Oaks Realty | |||
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This lovingly maintained 3-bedroom, 2-bathroom home is situated on an oversized lot in highly sought after Candlelight Plaza. This home has been fully updated and shows pride of ownership. Upon entering, you are greeted with the dining room and office/library. Kitchen and living were renovated with a mid-century flare and the flow of the home allows for hosting both intimate gatherings or large celebrations. Home also features hardwood flooring, updated bathrooms and spacious bedrooms. The backyard is an entertainer's paradise, with a large covered patio, plenty of space for lawn games, and plenty of room for a pool. The oversized lot also offers plenty of room for expansion, or to simply enjoy the peace and quiet of your own private oasis. Added bonus of this home is the outdoor shed that is insulated and airconditioned! Perfect for an office, workout space, mancave or she-shed! Come see this one for a rare opportunity to purchase on a 12,000+ sf lot!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017