1401 Williamsburg Drive
About This Property
Welcome to 1401 Williamsburg Drive, a charming 3-bedroom, 2-bath home ideally located on a desirable corner lot in the heart of Plano! This beautifully maintained property is move-in ready and offers a hard-to-find oversized lot at an exceptional value. The backyard is a true standout, featuring a board-on-board cedar fence with automatic side entry access leading to expansive covered parking-an uncommon and highly desirable feature.
Inside, the home shines just as much as the exterior. A spacious living room with vaulted ceilings flows seamlessly into the dining area, creating an open and inviting layout ideal for everyday living and entertaining. The kitchen offers a gas stove, stainless steel appliances, abundant cabinet space, plus a reverse osmosis water filtration system conveniently located under the kitchen sink.
Recent upgrades and major system improvements provide peace of mind, including a Nest thermostat, tankless water heater, recently replaced HVAC system, sand water filtration system, custom outdoor electrical work, and more. Conveniently located near shopping, dining, parks, and major highways, this home combines comfort, functionality, and location. Don't miss this rare corner-lot opportunity in Plano!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017