9913 Southgate Drive
About This Property
Enjoy peace of mind with recent upgrades, including replacement of HVAC (2024), gas range + oven (2023), dishwasher (2023), luxury vinyl flooring throughout, roof (2019), a replaced water heater and second bathroom commode. NOTE: 2025 complete interior paint refresh and some decorative light fixtures. The spacious primary suite is a true retreat, featuring an extra-large layout, dual sinks, a relaxing tub, separate shower, and a generous walk-in closet. Convenient to schools, shopping and enjoy both Frisco and McKinney! This floorplan and property would be excellent for someone needing walker or wheelchair options.
Don't miss this opportunity to own a move-in-ready gem in a prime location!
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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 20, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Price Decreased |
$399,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by Allie Beth Allman & Assoc. | $409,500 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017