$481,500
●
House -
Off Market
5716 King Forest Lane
McKinney, TX 75071
4 Beds
3 Baths
2,512 Ft²
$506,454
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
MULTIPLE OFFERS RECEIVED!! HIGHEST AND BEST DUE MON, SEPT 6 BY 6:00
PM. Charming 1 story backs to green space! Fresh paint
throughout. Open floor plan, spacious kitchen, abundant cabinet
space, granite counters, stainless appliances, gas range, large
island, breakfast bar. Living room with cozy stone fireplace, gas
logs, gas starter. Split plan. Large, private master overlooks
backyard, ensuite bath, dual sinks, garden tub, separate shower,
linen closet, 8X10 walk in closet. Secondary bedrooms have adjacent
full baths. Two office spaces perfect for working from home!
Large study, french doors. Enjoy neighborhood pond, walking
trails. Close to McKinney schools, shopping, dining. One owner!
Loved and cared for.
Unit Size
2,512 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$170
Year Built
2013
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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: 2 years ago (NTREIS #14656911)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Ebby Halliday Realtors | $550,000 | |
| Listed by Ebby Halliday Realtors | |||
| | |||
|
Spacious 4 bedroom, 3 full bath home in a quiet neighborhood, this single-floor residence features a dedicated office and a convenient built-in homework bar. The kitchen is a culinary enthusiast's dream, showcasing an oversized island, gas cooktop, stainless steel appliances, and 42'' cabinets. The open living area is adorned with a stunning rock fireplace, adding warmth and charm. Hardwood floors grace the common areas, while bedrooms and the office have stylish luxury vinyl flooring. Privacy is assured with the split bedroom layout, including a guest bedroom with an adjacent full bath. Tucked away at the rear of the home, the spacious master bedroom provides a serene retreat with a sitting area. The master bath offers double sinks, a relaxing garden tub, a separate shower, and a generously sized walk-in closet. Enjoy the tranquil ambiance and scenic views of the greenbelt from the comfort of your home. Ideally located close to shopping centers and a medical center, it is a must-see.
| |||
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Ebby Halliday, REALTORS-Frisco | $450,000 | |
| Listed by Ebby Halliday, REALTORS-Frisco | |||
| | |||
|
MULTIPLE OFFERS RECEIVED!! HIGHEST AND BEST DUE MON, SEPT 6 BY 6:00 PM. Charming 1 story backs to green space! Fresh paint throughout. Open floor plan, spacious kitchen, abundant cabinet space, granite counters, stainless appliances, gas range, large island, breakfast bar. Living room with cozy stone fireplace, gas logs, gas starter. Split plan. Large, private master overlooks backyard, ensuite bath, dual sinks, garden tub, separate shower, linen closet, 8X10 walk in closet. Secondary bedrooms have adjacent full baths. Two office spaces perfect for working from home! Large study, french doors. Enjoy neighborhood pond, walking trails. Close to McKinney schools, shopping, dining. One owner! Loved and cared for.
| |||
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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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About McKinney
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Listed by: Susan Gregson, Ebby Halliday, REALTORS-Frisco
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 14656911
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 14656911
Details provided by NTREIS and may not match the public record
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