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205 Randy Lee Lane
About This Property
Welcome to 205 Randy Lee Lane, a 3-bedroom, 2-bath home offering 1,867 Sqft of comfortable living on a spacious lot in McKinney. This single-story home features a good structural condition and well-maintained major systems, priding strong foundation for long-term value. The functional layout includes a primary suite on the main level, open living areas, and a kitchen with tile flooring and ample cabinet space. Additional highlights include an attached 2-car garage, public utilities and a level backyard with space to enjoy.
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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 |
|---|---|---|---|
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Listed by Mark Spain Real Estate | $410,000 | |
| Listed by Mark Spain Real Estate | |||
| Oct 18, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Ebby Halliday, Realtors | $388,900 | |
| Listed by Ebby Halliday, Realtors | |||
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Great location near the heart of McKinney! Updated kitchen and bathrooms, this one owner home greets you with unique stained glass windows and tons of natural light. The living room is complete with skylights, vaulted ceiling, and a large brick fireplace with wood mantel. Off the living room is an enclosed atrium not included in the square footage, perfect for use as a mud room, greenhouse during the winter, an office, or extra living area. Recently updated, the kitchen boasts neutral granite, solid wood cabinets, and plenty of counter space for entertaining. Spacious primary suite features an updated bathroom. Both secondary bedrooms are large with walk in closets. Low maintenance landscaping with drought resistant and native plants saves you time and money on yard work. This home is not short on storage or workspace with an oversized garage and storage shed. East facing, on a beautiful street just minutes from Historic Downtown McKinney, this charmer is waiting for you.
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About Northwood Park
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Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 21217713
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017