4545 Southgate Drive
About This Property
Resting behind West Plano's prestigious Deerfield Community featuring 24-hour security, this beautiful home sits on an over-sized corner lot and offers just under 4,000 square feet of relaxed luxury. Throughout the home there are vaulted ceilings, crown molding, and an abundance of windows providing a warmth of natural light. This residence seemingly far from the madding crowd, yet convenient to schools, services, shopping and dining. It is mere minutes from The Shops at Legacy, Legacy West, and The Star District.
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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 |
|---|---|---|---|
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jul 9, 2021 | Listed by Briggs Freeman Sotheby's Int’l | $580,000 | |
| Listed by Briggs Freeman Sotheby's Int’l | |||
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Multiple offers received. Highest and Best deadline is Monday July 19th at 9:00 am. Please email all offers to [email protected] and [email protected]
Resting behind West Plano’s prestigious Deerfield Community featuring 24-hour security, this beautiful home sits on an over-sized corner lot and offers just under 4,000 square feet of relaxed luxury. Throughout the home there are vaulted ceilings, crown molding, and an abundance of windows providing a warmth of natural light. This residence seemingly far from the madding crowd, yet convenient to schools, services, shopping and dining. It is mere minutes from The Shops at Legacy, Legacy West, and The Star District.
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About Deerfield
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14621168
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017