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731 Nighthawk Drive
About This Property
A large front porch welcomes you into the home where you'll immediately notice the soaring ceilings, open railings, and hand-scraped wood flooring. The spacious living room centered around a fireplace flows seamlessly into the kitchen and entertaining spaces, while the upstairs game room overlooking the living area below enhances the home's open and airy feel.
The kitchen features large granite countertops, freshly stained wood cabinetry, double ovens, abundant storage, and all new appliances with an open-concept design ideal for hosting, holidays, and everyday living.
All secondary bedrooms feature attached bathroom access, including one private ensuite bedroom and two bedrooms connected by a Jack-and-Jill bathroom setup, offering both comfort and functionality for family or guests.
Recent updates include freshly painted interior walls, baseboards, and cabinetry, newer AC unit, newer water heater, and a new fence already completed for the next owner. Outside, enjoy the mature peach trees, spacious backyard, and established landscaping.
Residents of The Aviary enjoy community amenities including pool, park, playgrounds, walking trails, sidewalks, and mature trees throughout the neighborhood. Located in highly regarded Plano Independent School District with convenient access to shopping, dining, and major commuter routes. Homes offering this combination of space, layout, updates, and established neighborhood charm rarely come available.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Listed by CENTURY 21 Judge Fite Co. | $759,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017