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8724 Panadero DR
About This Property
Located in desirable McKinney Heights just one block from the community pool and playground, this two-story home combines functionality with everyday convenience.
The main level features an open-concept kitchen, living, and dining area designed for connection and flow. The kitchen includes granite countertops and a double oven, making it ideal for entertaining and hosting. A dedicated front office adds valuable flexibility for remote work, study, or creative space.
Upstairs, all three bedrooms are privately situated. The owner's suite is a standout, featuring an attached flex space perfect for a nursery, private lounge, fitness area, or second study, along with a walk-in closet, dual vanities, soaking tub, and separate shower. Expansive living areas on both levels provide room to spread out and adapt to your needs.
Outside, the oversized corner lot offers added privacy and usable yard space, complete with a patio ready for outdoor dining and established garden beds. The HVAC system was replaced in 2023, providing added peace of mind.
With convenient access to major highways, shopping, dining, and everyday essentials, this McKinney Heights home delivers exceptional space, versatility, and standout value in today's market. Refrigerator, washer, dryer, and existing furnishings may convey.
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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 |
|---|---|---|---|
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Redfin Corporation | $399,900 | |
| Listed by Redfin Corporation | |||
| Mar 19, 2021 | No longer available | - | |
| No longer available | |||
| Jan 28, 2021 | Price Increased |
$349,000
↑ $34K
(10.8%) | |
| Price Increased | |||
| Jan 20, 2021 | Listed by Keller Williams - Austin NW | $315,000 | |
| Listed by Keller Williams - Austin NW | |||
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***Please submit all offers by Friday 1/22/21 at 5 pm***. Located on a corner lot this well kept beautiful two-story home boast an open flowing floorplan with all 3 bedrooms located on the 2nd level. Retreat to the owner's suite that has an attached study, walk-in closet, and double vanity. Featuring large living spaces on both levels and a large office on the main level this is the perfect place to call home. Masks Must be worn during showings The manager has listed the unit size as 2790 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017