3964 Queenston Court Carmichael, CA 95608
A tenant-occupied duplex with two recently renovated units and lease agreements in place.
Property Features for 3964 Queenston Court
General Information
- Standard status
- Active
- Size
- 1,820 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1973
Listing office Capital Group Realty, Inc. (916) 715-2089
Listing date Jul 3, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Capital Group Realty, Inc.
Investment Insights
Based on property information with market context.
The property is located in a Carmichael neighborhood near shopping, dining, parks, schools, and commuter routes, and sits on a quiet cul-de-sac.
Overall, the duplex presents a clean, upgraded interior package designed to reduce near-term maintenance while maintaining established occupancy.
Key Highlights
- 1973‑built duplex on a quiet cul‑de‑sac with both units currently tenant occupied.
- Both units have 12‑month lease agreements in place.
- About two years ago, both units received extensive interior renovations, including new kitchens with updated cabinetry and finishes.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.4k | $22.20 |
| − Vacancy | −$2.6k | −$1.43 |
| EGI | $37.8k | $20.77 |
| − OpEx | −$11.3k | −$6.23 |
| NOI | $26.5k | $14.54 |
