1261 Duke Drive
About This Property
The backyard oasis, where you'll find an extended patio, a beautiful pool, and an outdoor kitchen space-perfect for entertaining! Plus, enjoy breathtaking views overlooking Prosper and Celina, with an oversized lot next to a pond and green space for added privacy and serenity.
The media room is fully set up for family movie nights, while the extra-large in-law suite on the main floor includes an en suite bathroom, specially designed for elderly parents or long-term guests. Located in highly sought-after Prosper ISD and just minutes from DNT and Preston Road, this home offers the perfect blend of tranquility and accessibility. MEDIA ROOM FULLY EQUIPPED: $12,000 4K Sony laser projector, light canceling screen, in wall surround sound speaker all staying with the home! All information is deemed reliable, however buyer and buyers agent are to verify all information including but not limited to footage, schools, amenities, and HOA, etc. For Capital Title, please send to Courtney Freilich
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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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Price Decreased |
$999,999
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$1,050,000
↓ $49K
(4.5%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$1,099,000
↓ $26K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017