712 Ferrule Drive
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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 30, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | Listed by Texas Ally Real Estate Group | $475,000 | |
| Listed by Texas Ally Real Estate Group | |||
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Nestled in the sought-after Greens of McKinney, this exceptionally well-maintained 3-bedroom home with a versatile office (or optional 4th bedroom) offers the perfect blend of comfort, style, and functionality. The open-concept layout creates a seamless flow between the kitchen and living area, ideal for both relaxed living and entertaining. The kitchen is a standout with tons of counter space, sleek granite countertops, stainless steel dishwasher, 5-burner gas cooktop, and ample cabinetry that was freshly painted. The living room is equally impressive with new luxury vinyl flooring, a cozy marble stone gas fireplace, and a wall of windows for lots of natural light while offering serene views of the backyard. The spacious primary suite is a true retreat, boasting bay windows, an ensuite bath with dual vanities, a garden tub, separate shower, and a generously sized walk-in closet. Step outside to a beautifully landscaped backyard with a covered patio, extended concrete area for extra seating or a grill, and a wood privacy fence—perfect for outdoor gatherings. With thoughtful updates including a radiant barrier roof (2018) and a newer water heater (2019), all new painting throughout including kitchen cabinets (2024), LVP floors (2024), new lighting fixtures throughout (2024), this home effortlessly combines elegance, efficiency, and everyday livability.
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| Feb 5, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | Listed by Micalizzi Real Estate | $450,000 | |
| Listed by Micalizzi Real Estate | |||
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Exceptionally well-maintained 4 bedroom home with an additional office located in The Greens of McKinney. Open floor plan with a seamless flow connecting the kitchen and living area. Kitchen features a center island, 5-burner gas cooktop, stainless steel dishwasher, granite countertops, and plenty of cabinet storage. Living room boasts laminate flooring, gas fireplace, and a wall of windows that overlook the backyard. Spacious primary bedroom with bay windows offering of natural light. Ensuite bathroom with dual vanities, separiate shower, garden tub, and generously sized walk-in closet. Backyard features a covered patio, expanded concrete that offers space for additional seating or a grill, plenty of green space, and a wood privacy fence. Roof with radiant barrier replaced '18, water heater replaced '19.
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| Jul 9, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017