2700 Gillingham Lane
About This Property
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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 |
|---|---|---|---|
| Nov 1, 2026 | Listed by Eaton Real Estate Company | $489,000 | |
| Listed by Eaton Real Estate Company | |||
| Oct 21, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2026 | Price Decreased |
$494,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Eaton Real Estate Company | $499,000 | |
| Listed by Eaton Real Estate Company | |||
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Contemporary home with a practical layout. Energy efficient single story home built in 2020. Corner lot with park like back yard. High end luxury vinyl throughout, no carpet. Modern living with a great patio space to relax- open skies, birds galore, natural gas hook up for grilling, this house truly has it all. Quick access to all of McKinney and surrounding areas. NW front facing for enjoyable evenings on back patio in Texas summers. Walk to new K-5 Elementary school in Prosper School District! Space saving racks in the garage are included. Pulte’s 10 year transferable structural warranty will be in place for new owners until February 2031. Includes framing, footings, post, tension slab, etc. Please contact Pulte homes
of North Texas for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017