$405,000
●
House -
Off Market
3705 Kathryn Way
McKinney, TX 75070
4 Beds
0 Bath
1,953 Ft²
$2,718
Est. Monthly
$37
HOA / Fees
6.40%
Cap Rate
About This Property
This 1,953 sq ft gem features a spacious open floor plan with a
kitchen boasting a walk-in pantry, stainless steel appliances, and
ample storage. The breakfast nook, formal dining, and living areas
with a brick fireplace offer perfect spaces for family time and
entertaining. The master suite includes dual sinks, a separate
shower, a garden tub, and a walk-in closet. The versatile fourth
bedroom can serve as a study or playroom. Recent updates include
new laminate flooring in three bedrooms, a water heater from 2014,
a roof in good condition from 2016, and an AC unit replaced in
2012. The foundation is well-maintained, ensuring peace of mind.
Enjoy a cozy backyard with privacy fencing, ideal for relaxation.
Located in a small community near highways 121 and US-75, this home
is a short walk to Arthur McNeil Elementary and close to McKinney
Stadium, shopping, and dining. Just 17 minutes to Toyota HQ and
Legacy, Plano, and Frisco job centers.
Unit Size
1,953 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$219
Property Type
House
Property Taxes
$580
HOA Dues
$37
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20636668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by eXp Realty LLC | $428,000 | |
| Listed by eXp Realty LLC | |||
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Ebby Halliday, REALTORS Plano | $354,995 | |
| Listed by Ebby Halliday, REALTORS Plano | |||
| | |||
|
Charming 1story home in ideal McKinney location. Open floor plan boasts a spacious Kitchen with walk-in pantry, stainless steel appliances plenty of storage overlooking the Breakfast Nook. F Dining & Living spaces with brick fireplace, greet you w the promise of quality time entertaining friends & family. Master includes dual sinks, separate shower & garden tub, & walk-in closet. Split secondary bedrooms; 4th bedroom can be versatile and used as study or playroom. It comes w a cozy backyard and privacy fencing- the perfect place to relax! Easy access to shopping, restaurants, schools, playground, city parks and walking trails nearby! Small 98 home community near 121 & US75 Private Walkway to McNeil Elementary,
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Franklin Heights
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Listed by: Charlie Bui, eXp Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20636668
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20636668
Details provided by NTREIS and may not match the public record
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