4389 Boca Bay
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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%.
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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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Monument Realty | $1,175,000 | |
| Listed by Monument Realty | |||
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Step into this modern 2022 remodeled, open and bright 1-story home with 3-car garage. The spacious chef’s kitchen features 2 islands and is fully equipped with high-end appliances, including a new 8-burner Wolf range and 3 large pantries. Relax in the primary bedroom with spacious modern bathroom, two WI closets and custom en-suite 2-person office. The thoughtfully remodeled home features light oak hardwood floors, 3 fully remodeled bathrooms, wooden plantation shutters, newly installed smart security system, and lighting. The open living areas split 3 bedrooms from the remaining 2. In addition to 3429 sqft, an additional 950 sqft guest suite has its own private entrance, full bath, and bonus room and can be used as a guest house, studio, or spacious Airbnb. The possibilities are endless!
Located in the private school corridor and just minutes from the Northaven Trail System, this home epitomizes comfortable living in a well-established neighborhood. Don't miss this opportunity!
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| Apr 21, 2022 | Sold | ||
| Sold | |||
| Dec 5, 2021 | Listed by Nicholson Premier Realty | $899,900 | |
| Listed by Nicholson Premier Realty | |||
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About Northwest Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14720519
Details provided by NTREIS and may not match the public record
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