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12819 Ridge Spring Drive
About This Property
A striking two-story entry showcases rich wood flooring and expansive windows that bathe the home in natural light. The grand living room features soaring ceilings and a fireplace, creating a sophisticated inviting focal point for gatherings.
The chef's kitchen is both beautiful and functional, featuring granite countertops, stainless steel appliances, a 5-burner gas cooktop, double ovens, an oversized island with breakfast seating, a walk-in pantry, and abundant cabinetry, ideal for entertaining and elevated everyday living.
The private primary suite is positioned on the main level and offers a serene escape with a garden tub, separate shower, dual vanities, and a spacious walk-in closet. A dedicated study provides the ideal work-from-home space, offering privacy, natural light, and flexibility for today's lifestyle.
Upstairs, you'll find a spacious game room and an impressive media room designed for immersive movie nights, along with three generously sized secondary bedrooms, offering comfort and flexibility for family and guests alike.
Outdoors, the home truly shines. A sparkling in-ground pool framed by mature magnolia trees creates a peaceful, resort-style setting, while the expansive covered patio provides shaded comfort for year-round entertaining, dining, and relaxation.
Located in a desirable neighborhood with scenic walking trails and greenbelt access, and just minutes from grocery stores, premier shopping, and dining, this exceptional property offers the perfect blend of elegance, functionality, and lifestyle.
This is the home you have been waiting for, a rare opportunity to own a beautifully maintained home in one of Frisco's most sought-after communities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017