2620 Mariposa Circle
About This Property
This versatile 4-bedroom home (or 3 bedrooms plus a private office) offers 2.5 full baths and a spacious, well-designed layout. Enjoy a huge living area, separate formal dining room, and a cozy breakfast nook-perfect for everyday comfort and entertaining. The enlarged primary suite provides a flexible retreat, ideal for a reading corner or nursery.
Step outside to a generous backyard featuring a diving pool, spa, and covered patio-a true oasis for outdoor enjoyment. With newer appliances and a solid floor plan, this home is perfect for the value-minded buyer. While it could benefit from modern updates and a few general fixes, the fundamentals are strong. Located within highly rated Plano ISD, this property is a smart opportunity with room to grow.
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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 1, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Relisted | $399,999 | |
| Relisted | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by RE/MAX Dallas Suburbs | $399,999 | |
| Listed by RE/MAX Dallas Suburbs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017