33
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2500 Addison Street
About This Property
Inside, an open entertaining layout seamlessly connects the living, kitchen, and breakfast rooms, enhanced by abundant natural light that fills the home throughout the day. A quiet library just off the entry offers an ideal space for reading, study, or a home office. The thoughtfully designed floor plan features a spacious primary suite on the main level for comfort and convenience, with a game room and three additional bedrooms upstairs to accommodate family or guests.
Practical amenities include a 2+ car garage with dedicated workshop area and an extended driveway for additional parking. Enjoy walkable access to neighborhood greenspaces and the charm of front-porch living, all within minutes of shopping, dining, and daily conveniences in McKinney. Located within acclaimed Prosper ISD, this home offers an exceptional blend of location, livability, and low-maintenance ease in one of the area's most sought-after communities. Recent updates include: 2 water heaters, 2024 kitchen refresh, 2024 hardwood flooring, chandeliers. Garage is equipped with a 220V, ceiling storage racks, and epoxy flooring. Move in ready!
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$689,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Mar 18, 2026 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by Compass RE Texas, LLC | $720,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017