2924 Shalimar Drive
About This Property
The galley kitchen is appointed with granite countertops, under-cabinet lighting, a gas cooktop, and a tumbled stone backsplash, flowing seamlessly into the breakfast nook with charming bay windows that bring in abundant natural light.
The spacious primary suite offers room for a sitting area, while the en-suite bath features quartz countertops, a stand-alone soaking tub, dual sinks, and a walk-in closet. Generously sized guest bedrooms and two full guest baths with quartz finishes provide comfort and style.
Step outside to a true backyard retreat featuring a sparkling pool, heated spa, covered patios, and an expansive yard&mdashperfect for relaxing or entertaining.
An exceptional opportunity in a prime Plano location.
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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%.
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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.
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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Real Broker, LLC | $589,000 | |
| Listed by Real Broker, LLC | |||
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | Listed by Fraser Team Realty | $550,000 | |
| Listed by Fraser Team Realty | |||
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DEEP in the HEART of PLANO is where you will find this CORNER LOT GEM on .39 ACRES! Grand Formal Dining Room w-a beautiful chandelier, it would also make a wonderful in-home office! Handsome Living Room is adorned w-walls covered w-wainscoting, beamed ceilings + a floor to ceiling stone FP! A wet bar is centrally located for use when entertaining! Gorgeous Atrium features skylights + a wall of windows w-views of the outdoor paradise! Fabulous Galley Kitchen offers granite countertops, undercabinet lighting, gas cooktop, tumbled stone backsplash & flows open to the Eat in Breakfast Nook w-bay windows! Unwind in the sprawling Master Suite w-plenty of room for a sitting area & the en-suite bath has gorgeous quartz, stand-alone tub, dual sinks + WIC! Large Guest Bedrooms + dual full Guest bathrooms both w-quartz! HUGE Backyard has a sparkling pool w-heated spa + covered patios along w-a HUGE yard! PRICED OVER 100K UNDER COMPS. This GREAT VALUE won't last long! Please come this JEWEL!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017