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4605 Forest Cove Drive
About This Property
The split bedroom layout provides privacy, with two generously sized secondary bedrooms sharing a hall bath, while the private primary suite offers a relaxing retreat complete with a spacious ensuite bath featuring upgraded tile, a garden tub, and a walk in closet. Step outside to enjoy the open patio and backyard space, perfect for morning coffee or evening gatherings. The home's attractive stone and-brick facade adds timeless curb appeal.
Residents of Creekview Estates enjoy scenic community trails winding through wooded areas and around a peaceful pond, with convenient access to nearby parks and recreation. Just a short walk away, the trails connect directly to Bonnie Wenk Park, offering playgrounds, walking and biking trails, fishing, dog parks, and outdoor activities. Ideally located near shopping, dining, schools, and major commuter routes, this home combines comfort, nature, and convenience in one exceptional McKinney 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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Listed by Allie Beth Allman & Assoc. | $450,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017