$615,000
●
House -
Off Market
3705 Panama Cove
McKinney, TX 75071
4 Beds
3 Baths,
1
Half Bath
3,670 Ft²
$585,010
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
MULTIPLE OFFERS! BEST AND FINAL DUE SUNDAY AT 10PM. Former
model home made BETTER! Beautiful ceiling work at entry w real
nail-down wood floors & 5.5in basebrds. Lrg office w french doors &
custom wall trim. Secret bookshelf entry to under-stairs closet
(just push trophy)! Dream kitchen w gas cooktop, dble ovens, lg
single basin sink, under & over cab lighting, island, tons of
cabinets & bar w bev. fridge. Huge mud bench off the 3 car garage &
custom laundry room w built-ins. Master bdrm with split closets and
walk-in shower w dual heads. Upstairs all split bedrooms & one w
ensuite. Massive game rm & media rm pre-wired for all of your
equipment & adorable custom reading nook. Backyard dream!!!
Unit Size
3,670 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
$230
Year Built
2016
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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: 6 months ago (NTREIS #14579470)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by RE/MAX Town & Country | $499,990 | |
| Listed by RE/MAX Town & Country | |||
| | |||
|
MULTIPLE OFFERS! BEST AND FINAL DUE SUNDAY AT 10PM. Former model home made BETTER! Beautiful ceiling work at entry w real nail-down wood floors & 5.5in basebrds. Lrg office w french doors & custom wall trim. Secret bookshelf entry to under-stairs closet (just push trophy)! Dream kitchen w gas cooktop, dble ovens, lg single basin sink, under & over cab lighting, island, tons of cabinets & bar w bev. fridge. Huge mud bench off the 3 car garage & custom laundry room w built-ins. Master bdrm with split closets and walk-in shower w dual heads. Upstairs all split bedrooms & one w ensuite. Massive game rm & media rm pre-wired for all of your equipment & adorable custom reading nook. Backyard dream!!!
| |||
| Jul 29, 2017 | Listed | $399,900 | |
| Listed | |||
| | |||
|
Gorgeous previous model home is ready for you! This 2 story Palomar plan features 4 bedrooms, 3 and a half baths, the formal living or dining off the entry, open floor plan with breakfast, living, & kitchen open style, a great office or study area with decorative cut out openings to kitchen or breakfast. The master suite boasts pop up ceilings with recessed lights. The master bath boasts a large walk in stone floor dual head with bench shower, dual sinks and dual master closets. Upstairs you will find a game or living room with french doors leading to a black out media room that is ready for your projector. Wrought iron railings and a 2nd bed with attached bath. You won't want to miss out on this one! The manager has listed the unit size as 3600 square feet.
| |||
| Jul 9, 2017 | Listed | $415,000 | |
| Listed | |||
| | |||
|
NEW CONSTRUCTION - GORGEOUS MODEL HOME FOR SALE in Erwin Farms 50's, McKinney. Two story Palomar plan with 4BR, 3.5BA + Flex Room + Game Room + Media Room + Covered Patio - 3624 square feet. Available for IMMEDIATE move-in. Gorgeous gourmet eat-in Kitchen with built-in stainless steel appliances + refrigerator, upgraded backsplash, pendant lights, alder cabinets & quartz countertops. Hardwood floors throughout main living spaces on first floor. Stone fireplace in Family room. Quartz countertops, double vanity and large walk-in glamour shower in Owner's Bath. Crown molding. Tray ceiling at Owner's Suite. Traditional bronze lighting & hardware package.The manager has listed the unit size as 3600 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About McKinney
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Listed by: Stephenie Barker, RE/MAX Town & Country
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14579470
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14579470
Details provided by NTREIS and may not match the public record
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