$600,000
●
House -
Off Market
700 Peterhouse Drive
McKinney, TX 75071
4 Beds
1 Bath,
1
Half Bath
2,539 Ft²
$3,730
Est. Monthly
$59
HOA / Fees
4.36%
Cap Rate
About This Property
IMMACULATE & PRISTINE! Located in the heart of McKinney & situated
on a serene, picturesque corner lot. Awesome front porch &
beautiful landscaping welcomes you home. Wood floors, plantation
shutters, crown molding, open concept & more. Great chef's kitchen
with granite counters, 2 spacious pantries, SS appliances,
including a 4-burner induction cooktop & double ovens. Large living
room with new stone, ventless gas fireplace overlooks pretty
backyard. Separate office with plantation shutters. Private primary
bedroom features separate shower, dual sinks & 2 closets. Outside
find a peaceful retreat with covered patio, new wrought iron & wood
fences & a beautiful woodland area backdrop. Includes a whole-home
Generac Generator. Recent upgrades include fresh interior paint,
new ventless gas log fireplace, new wrought iron & wood fencing,
barn door on storage pantry, new water heater, new chop-stone
flowerbed borders & newly resodded Zoysia grass backyard. Over $45k
in recent updates!
Unit Size
2,539 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$240
Property Type
House
Property Taxes
$680
HOA Dues
$59
Year Built
2012
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Cap Rate Calculator
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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: 3 years ago (NTREIS #20677825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Fathom Realty | $609,000 | |
| Listed by Fathom Realty | |||
| Jul 19, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by Compass RE Texas, LLC | $549,500 | |
| Listed by Compass RE Texas, LLC | |||
| | |||
|
Welcome to 700 Peterhouse, a charming home nestled in a serene location that blends traditional elegance with the tranquility of nature. This home backs to a picturesque woodland, offering a peaceful retreat and a corner lot that allows abundant parking for gatherings. You are greeted by an inviting porch, a space where you can relax and enjoy the beauty of the surroundings. Step inside and you are met with dark, rich wood-like floors and archways encased with crown molding. Workout, work from home or dine in the room with glass-paneled french doors. Continue down the hallway to the an open-concept layout, creating a seamless flow between living spaces. Indulge in leisurely rounds of golf at several golf courses. A few grocer options include coming-soon HEB, Trader Joe's, Sprouts, Market Street. Nearby major highways are 75, 380, 121. Just minutes from PGA Frisco, Legacy West, Grandscape. The best amenity is the recently installed whole-home Generac where losing power is not a concern!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About McKinney
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Listed by: Mary Wise, Fathom Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20677825
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20677825
Details provided by NTREIS and may not match the public record
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