15875 Spectrum Drive #2104
About This Property
PRIME LOCATION IN THE CENTER OF THE DFW METROPLEX. EASY COMMUTE TO LEGACY WEST IN PLANO OR UPTOWN-DOWNTOWN AREA. 5 MINUTES TO NORTH DALLAS TOLLWAY!
MERIDIAN SQUARE OFFERS LOW-MAINTENANCE IN A NATURESQUE URBAN COMMUNITY! WALK TO PARKS, DINING & OUTDOOR EVENTS OF ADDISON CIRCLE!!
INCOMPARABLE QUALITY! MODERN DESIGNER COLOR SELECTIONS, WOOD FLOORING, SS APPLIANCES, SOLID CORE DOORS, QUARTZ COUNTERTOPS & MUCH MORE! THIS IS AN OPPORTUNITY TO RESERVE AT PRE-SELL PRICING NOW!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Ebby Halliday, REALTORS | $475,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
EXCEPTIONAL! Clean, bright and ready - all on one level! Floor plan D is the largest in the building - all other D's have sold out! Today's Buyers will be the first to occupy these gorgeous, open concept spaces with tall ceilings, current finishes, stainless appliances, solid core doors, private balcony, low HOA fees, all with tremendous value! Located within the ever-popular near-urban Addison Circle neighborhood, residents are assured convenient access to almost anywhere in the Dallas area.
| |||
| Jul 19, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by Cindy McCarty & Associates | $455,000 | |
| Listed by Cindy McCarty & Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/21/2025
|
2 Bed
|
2 Bath
|
1593 ft²
|
$495,000
2 Bed
2 Bath
1593 ft²
|
-
-
|
Kelly Thompson
Ebby Halliday, REALTORS
| |
|
09/06/2024
|
3 Bed
|
-
|
1853 ft²
|
$510,000
3 Bed
-
1853 ft²
|
$475,000
-6.86%
01/31/2025
|
Mindy Farris
Keller Williams Central
| |
|
09/23/2023
|
3 Bed
|
1 Bath
|
1754 ft²
|
$560,000
3 Bed
1 Bath
1754 ft²
|
$545,000
-2.68%
11/15/2023
|
Debora Harms
SunVista Texas, LLC
| |
|
12/19/2022
|
3 Bed
|
1 Bath
|
1837 ft²
|
$598,000
3 Bed
1 Bath
1837 ft²
|
$575,000
-3.85%
02/16/2023
|
Jennifer Whitehead
Monument Realty
| |
|
09/14/2022
|
3 Bed
|
1 Bath
|
1754 ft²
|
$545,000
3 Bed
1 Bath
1754 ft²
|
$540,000
-0.92%
03/10/2023
|
Jennifer Whitehead
Monument Realty
| |
|
07/10/2022
|
3 Bed
|
1 Bath
|
1842 ft²
|
$559,000
3 Bed
1 Bath
1842 ft²
|
$567,000
+1.43%
08/15/2022
|
Laura Heatherly
Monument Realty
| |
|
06/03/2022
|
3 Bed
|
1 Bath
|
1837 ft²
|
$500,000
3 Bed
1 Bath
1837 ft²
|
$500,000
07/01/2022
|
Lori Ericsson
David Griffin & Company
| |
|
07/23/2021
|
3 Bed
|
2 Bath
|
1863 ft²
|
$475,000
3 Bed
2 Bath
1863 ft²
|
$475,000
09/13/2021
|
Michelle Unwin
Ebby Halliday, REALTORS
| |
|
05/16/2021
|
3 Bed
|
1 Bath
|
1837 ft²
|
$469,000
3 Bed
1 Bath
1837 ft²
|
$469,000
09/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/12/2021
|
3 Bed
|
-
|
1853 ft²
|
$469,000
3 Bed
-
1853 ft²
|
$469,000
09/15/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/12/2021
|
3 Bed
|
1 Bath
|
1837 ft²
|
$439,000
3 Bed
1 Bath
1837 ft²
|
$439,000
09/08/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/08/2021
|
3 Bed
|
3 Bath
|
1754 ft²
|
$460,000
3 Bed
3 Bath
1754 ft²
|
$460,000
09/17/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/02/2021
|
3 Bed
|
1 Bath
|
1842 ft²
|
$449,000
3 Bed
1 Bath
1842 ft²
|
$449,000
09/17/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
03/03/2021
|
3 Bed
|
1 Bath
|
1837 ft²
|
$469,000
3 Bed
1 Bath
1837 ft²
|
$474,453
+1.16%
08/27/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
02/01/2021
|
2 Bed
|
-
|
1593 ft²
|
$404,000
2 Bed
-
1593 ft²
|
$404,000
09/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/31/2021
|
3 Bed
|
-
|
1853 ft²
|
$439,000
3 Bed
-
1853 ft²
|
$439,000
07/19/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/31/2021
|
3 Bed
|
1 Bath
|
1754 ft²
|
$445,000
3 Bed
1 Bath
1754 ft²
|
$445,000
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/18/2021
|
3 Bed
|
1 Bath
|
1863 ft²
|
$455,000
3 Bed
1 Bath
1863 ft²
|
$455,000
08/31/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/10/2021
|
2 Bed
|
-
|
1593 ft²
|
$395,000
2 Bed
-
1593 ft²
|
$395,000
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
11/16/2020
|
3 Bed
|
1 Bath
|
1842 ft²
|
$469,000
3 Bed
1 Bath
1842 ft²
|
$474,949
+1.27%
08/27/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/12/2020
|
3 Bed
|
3 Bath
|
1853 ft²
|
$454,380
3 Bed
3 Bath
1853 ft²
|
$454,380
07/13/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/07/2020
|
3 Bed
|
2 Bath
|
1754 ft²
|
$440,000
3 Bed
2 Bath
1754 ft²
|
$440,000
09/08/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/07/2020
|
2 Bed
|
2 Bath
|
1593 ft²
|
$385,000
2 Bed
2 Bath
1593 ft²
|
$385,000
07/30/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/28/2020
|
3 Bed
|
1 Bath
|
1842 ft²
|
$454,949
3 Bed
1 Bath
1842 ft²
|
$454,949
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
3 Bath
|
1853 ft²
|
$479,000
3 Bed
3 Bath
1853 ft²
|
$484,380
+1.12%
08/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
2 Bath
|
1842 ft²
|
$469,000
3 Bed
2 Bath
1842 ft²
|
$469,000
08/31/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
2 Bath
|
1837 ft²
|
$449,000
3 Bed
2 Bath
1837 ft²
|
$465,000
+3.56%
11/15/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
08/27/2020
|
2 Bed
|
2 Bath
|
1593 ft²
|
$375,000
2 Bed
2 Bath
1593 ft²
|
$372,474
-0.67%
10/20/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/16/2019
|
3 Bed
|
1 Bath
|
1863 ft²
|
$455,000
3 Bed
1 Bath
1863 ft²
|
$455,000
07/19/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/14/2019
|
3 Bed
|
1 Bath
|
1863 ft²
|
$455,000
3 Bed
1 Bath
1863 ft²
|
$455,000
09/10/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/14/2019
|
3 Bed
|
2 Bath
|
1863 ft²
|
$465,000
3 Bed
2 Bath
1863 ft²
|
$470,469
+1.18%
09/13/2021
|
Cindy McCarty
Realty Executives Corpus Chris
|
Building Info
- 3 Units for Sale
About Meridian Square
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$2,450 /mo
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- 2 Baths
- 1,631 ft²
$2,465 /mo
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- 2 Baths
- 1,533 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017