1608 Old Course Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$899,900
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Oct 11, 2024 | Listed by Cindy McCarty & Associates | $925,000 | |
| Listed by Cindy McCarty & Associates | |||
| Dec 18, 2023 | Listed by Cindy McCarty & Associates | $949,000 | |
| Listed by Cindy McCarty & Associates | |||
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Gorgeous home located in prestigious West Plano. Surrounded by mature trees along a quiet cul-de-sac road. Only a moment to the fairways of the Glen Eagles golf course and country club. Spacious open floorplan with soaring ceilings, two fireplaces, downstairs primary suite and three living areas! Four bedrooms with 3.5 baths and 3-car garage. The study is on the 1st level and could be used as a 5th bedroom. Abundant natural light with lots of windows. The backyard is like a resort. Completely enclosed with a privacy fence, sparkling pool and separate spa. Covered patio for outdoor living! Walk to multiple parks, the white rock trail, dining and shopping options including Whole Foods. Convenient location within a few minutes to Legacy West and East, Toyota, Frito-Lay, Liberty Mutual headquarters and other major businesses. Easy commute to DFW airport or Love Field. Highly acclaimed Plano ISD.
This home has a tenant until Aug 31st. Purchase with the lease in place or occupy later
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017