4112 Caruth Boulevard
About This Property
The second floor features an expansive master suite with sitting area, beautiful views of the backyard and his and her's bathrooms with separate vanities, oversized shower and soaking tub as well as separate walk in closets with tremendous storage and custom built ins. Three additional guest bedrooms with designer lighting and en-suite baths as well as a game room over the garage round out the second level. The third floor offers tremendous flexibility as a fifth bedroom with full bath, exercise room or playroom.
Expansive sliding doors open from the living room to the covered patio complete with gas fireplace, fans, outdoor TV, motorized screens, outdoor kitchen and beautiful pool and spa with elegant landscaping all around.
Located within walking distance to numerous parks, incredible schools and all the shops and restaurants that Preston Center has to offer. Exceptional quality that offers easy living and timeless style.
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed by Compass RE Texas, LLC. | $3,895,000 | |
| Listed by Compass RE Texas, LLC. | |||
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About University Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017