1600 Hearthstone Drive
About This Property
Recent improvements include updated windows, kitchen cabinetry, countertops, and tile flooring, providing a move-in-ready opportunity for its next owner. The spacious living areas flow seamlessly to a covered patio, creating an ideal space for outdoor dining, entertaining, or relaxing.
Conveniently located near major transportation corridors including US-75, President George Bush Turnpike, and SH-121, this home offers easy access to shopping, dining, employment centers, and everyday amenities. Don't miss the opportunity to own a thoughtfully updated home in an established Plano neighborhood.
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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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$415,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Elite Real Estate Texas | $420,000 | |
| Listed by Elite Real Estate Texas | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017