1520 Armstrong Drive
About This Property
Every detail has been carefully considered, ensuring a comfortable and sophisticated living experience. The open and spacious layout is perfect for entertaining.
The heart of this home is the gourmet kitchen, which has been completely redesigned, featuring all-new top-of-the-line appliances, waterfall granite island, fridge and a beverage fridge, making it perfect for entertaining.
Upgrades including windows, HVAC system, wood-like tile floors, decorative lighting, a 3-panel sliding glass door that seamlessly connects the indoor and outdoor spaces, new attic insulation ensures energy efficiency year-round.
Situated just minutes away from the vibrant shops and restaurants of Downtown Plano. Easy access to HWY 75 and PGBT.
NO HOA
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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 12, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Rogers Healy and Associates | $449,000 | |
| Listed by Rogers Healy and Associates | |||
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Final and best offers due by Mon 03.18 at 7:00 pm. Owner occupy or income generating property, you choose! Welcome to this newly renovated stunning 4 bed, 2 bath home. Upon entry, you're greeted by an open concept living space that seamlessly connects the living area, dining space & kitchen making it ideal for daily living and entertaining. Boasting with top of the line appliances, ample cabinet space and sleek modern finishes, the kitchen is the heart of the home. The fully updated bathrooms exude luxury and style with modern fixtures and elegant design elements. Step outside to your backyard oasis with lush turf, charming garden space and lighted pergola. Host gatherings or simply enjoy a night under the stars. The home is equipped with NEW HVAC NEW windows NEW 3 panel sliding doors & NEW attic insulation. Beautiful modern paneling adorns the walls, adding sophistication. Located steps from downtown Plano. Current tenant pays $3000 per month open to new lease or move out.
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| Jan 10, 2024 | No longer available | - | |
| No longer available | |||
| Nov 25, 2023 | Listed by Briggs Freeman Sotheby's Int'l | $445,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
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NO HOA. Close to DOWNTOWN PLANO! Come see this beautifully renovated 4 bed plus flex space, 2 bath home located in the heart of Plano. Just minutes from the shops and restaurants in Downtown Plano and convenient access to HWY 75 and PGBT. NEW Windows, NEW HVAC, NEW wood like tile floors, NEW decorative lighting, NEW 3 panel sliding glass door, new Attic insulation, and luxurious details throughout. The kitchen offers all new appliances and beautiful waterfall granite on the island. Fridge AND Beverage Fridge included. 4 bedrooms, two flex spaces, spa like bathrooms. Don’t Miss out on this one! The manager has listed the unit size as 1763 square feet.
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| Jul 20, 2023 | Listed by Rogers Healy and Associates | $445,000 | |
| Listed by Rogers Healy and Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017