68
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616 CANDLEBARK Drive
About This Property
Backing to a protected preserve, this traditional home provides the perfect combination of privacy, comfort, and everyday functionality.
Step inside through the welcoming foyer into an open and inviting floor plan featuring elegant wood and tile flooring throughout the main living areas. Please Note: There is also matching wood under the carpet upstairs, for easy removal. The spacious kitchen is designed for both entertaining and daily living, complete with a large center island, pantry, abundant cabinetry, and a full suite of appliances including a refrigerator, electric range, microwave, and dishwasher. The adjoining family room is highlighted by a cozy gas fireplace, creating the perfect gathering space for family and friends. The split-bedroom floor plan offers added privacy, with a spacious primary suite featuring two large walk-in closets and an ensuite bath complete with a separate soaking tub and shower. Three additional bedrooms provide flexibility for family, guests, or a home office.
Enjoy Florida living year-round from the screened lanai and covered patio overlooking the peaceful preserve, offering a tranquil backdrop for morning coffee or evening relaxation. The beautifully landscaped yard includes front and rear irrigation, while the two-car garage provides ample storage and convenience.
Residents of Waterleaf enjoy exceptional community amenities including a clubhouse, community pool, children's pool, basketball court, playground, and sidewalks throughout the neighborhood. Conveniently located just minutes from Atlantic Boulevard, shopping, dining, beaches, parks, and major commuter routes, this home is also zoned for Waterleaf Elementary, Landmark Middle, and Sandalwood High School.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$499,000
↓ $11K
(2.1%) | |
| Price Decreased | |||
| Sep 8, 2026 | Price Decreased |
$509,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$519,900
↓ $14K
(2.6%) | |
| Price Decreased | |||
| Jun 27, 2026 | Listed by GODOY REALTY LLC | $533,900 | |
| Listed by GODOY REALTY LLC | |||
| Sep 14, 2021 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017