4637 Portrait Lane
About This Property
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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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Price Decreased |
$510,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Redfin Corporation | $525,000 | |
| Listed by Redfin Corporation | |||
| | |||
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Located at 4637 Portrait Lane, this well-positioned single-story home in Plano offers a compelling opportunity for buyers seeking value, location, and potential in a highly desirable area. Featuring 3 bedrooms, 2 bathrooms, and approximately 1,778 square feet, this 1987-built residence delivers a functional layout with strong foundational features ready for personalization, renovation, or enhancement to suit modern preferences and design trends. Investors dream in the sought after Plano neighborhood. SOLD AS IS. Inside, the home is filled with natural light, enhanced by large windows and an open-concept living space that creates a bright and inviting atmosphere. The main living area includes a fireplace, adding warmth and architectural character, while the kitchen provides ample cabinetry, generous workspace, and connectivity to dining areas for everyday convenience and entertaining flexibility. The primary suite offers a private retreat with an en-suite bath, while secondary bedrooms provide versatility for a variety of uses such as workspace, hobby room, or guest accommodations. Outdoor living is equally appealing, with a backyard designed for relaxation and entertainment, complete with a pool and spa that add significant lifestyle value and visual appeal. Mature landscaping contributes to the overall curb appeal and established feel of the neighborhood, creating a welcoming exterior presence. Location is a key highlight, with convenient access to major thoroughfares, shopping centers, dining destinations, and everyday essentials. The property is also close to Robert Middle School, enhancing its overall appeal within the Plano area. With its combination of location, layout, and opportunity, this property presents a unique chance to create value in a sought-after North Texas market with strong long-term upside potential for homeowners or investors alike.
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| Aug 26, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017