1671 Summer Star Lane
About This Property
This well-designed home features gorgeous light wood floors throughout the downstairs and offers four bedrooms, including two bedrooms and two full bathrooms on the first floor. A private executive office with custom built-ins provides the perfect work-from-home space, while two dining areas offer flexibility for everyday living and entertaining. Designer touches are found throughout, including transitional colors, designer lighting, plantation shutters, and thoughtful upgrades that create a warm and inviting atmosphere. The spacious family room is filled with natural light and showcases an impressive floor-to-ceiling stone fireplace. The open-concept layout flows seamlessly into the kitchen and breakfast area, all overlooking the expansive backyard and large covered patio. The kitchen features a center island with bar seating, gas cooktop, stainless steel appliances, pantry, and abundant workspace. The primary suite is generously sized and offers a spa-like bath with dual vanities, vanity seating area, separate tub and shower, and a large walk-in closet. Upstairs, you'll find a spacious game room along with two additional bedrooms, providing the perfect separation of space for family and guests. The oversized backyard offers plenty of room to play, entertain, or simply relax while enjoying peaceful pond and greenbelt views. Conveniently located with easy access to Preston Road and the Dallas North Tollway, and just minutes from Prosper schools, shopping, dining, and parks, this home combines an exceptional location, beautiful designer finishes, and a highly desirable floor plan.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Listed by Monument Realty | $789,900 | |
| Listed by Monument Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017