1123 Caroline Drive
About This Property
• NO MUD + NO PID!
• 4 BEDROOMS + GAME ROOM with a spacious, functional floor plan
• FULLY REMODELED KITCHEN with custom-built soft-close cabinetry, quartz c-tops + designer backsplash
• Stainless steel appliances + convection oven with air fryer
• Walk-in pantry + CUSTOM LAUNDRY ROOM with cabinetry, shelving, countertop + smart storage solutions
• FIRST-FLOOR PRIMARY SUITE with updated ensuite bath + WALK-IN CLOSET
• 3 additional bedrooms upstairs, each with a WALK-IN CLOSET
• Large upstairs GAME ROOM perfect for a media room, home office, playroom or second living area
• Luxury vinyl plank flooring, ceramic tile + new carpet
• Fresh interior paint, updated lighting, modern plumbing fixtures + new blinds
• Custom cabinetry, shelving added to the upstairs hallway & secondary bath for exceptional storage
• New front door + stylish designer finishes throughout
• UPDATED GARAGE with epoxy flooring, insulated garage door + new water heater
• Large COVERED PATIO overlooking the private backyard
• Full sprinkler system + freshly stained fencing
• 8-FT PRIVACY FENCE along the street side for added privacy
• Established Villas of Monte Carlo neighborhood with community playground nearby
• Minutes from J.M. Caldwell Sr. Community Park with sports fields, basketball, disc golf, dog park, playgrounds + walking trails
• Short drive to LAKE LAVON for boating, fishing, kayaking + watersports
• Convenient to Princeton shopping & dining with access to McKinney, Allen, Plano + surrounding employment centers
• ASK ABOUT OPTIONS FOR 1% TOWARD CLOSING COSTS WITH PREFERRED LENDER!
Enjoy the fresh look & feel buyers love about new construction with CUSTOM FINISHES! Come see the QUALITY, SPACE & VALUE this home offers!
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Cap Rate Calculator
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 23, 2026 | Sold | ||
| Sold | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jul 23, 2026 | Relisted | $365,000 | |
| Relisted | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017