1853 Leo Drive
About This Property
This Beautifully Maintained North-facing luxury David Weekly Home comes with all the Upgrades including Quartz Countertops, Flooring!
This home has a convenient layout that offers endless possibilities. On the First floor is the Primary Bedroom and Office Room and open-concept living area with soaring ceilings with a formal dining room. The glamorous kitchen features a chef-inspired appliance package with a 36 five-burner gas cooktop, a sleek island, a large pantry, many cabinets, countertops & water filter system. Upstairs with 3 Bedrooms, Loft-style Game Room. The Backyard is the perfect retreat with a Huge Covered and Extended Patio. EV Charger installed. Mantua is Master Planned Community in Van Alstyne, TX where you will have easy access to the city but can enjoy the comforts and ease of the country! Come visit this incredible home today!
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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 12, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 9, 2024 | Relisted | $474,990 | |
| Relisted | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Hip Realty Group | $474,990 | |
| Listed by Hip Realty Group | |||
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MOTIVATED SELLER!! SELLERS WILL CONSIDER ALL OFFERS! Welcome to this beautiful home located in the sought-after Van Alstyne area of Mantua Community.This spacious house is perfect for those who love open plan living and plenty of natural light. Spread over 2,812 sqft, this home offers 4 beds and 2.5 baths, OFFICE and GAMEROOM. The home is equipped with a WATER SOFTENER and EV CHARGER. Cooking and entertaining will be a breeze in this well-appointed KITCHEN. The OVERSIZED BACKYARD provides endless opportunities for outdoor activities and relaxation. Living in this community you'll have access to a clubhouse, a community pool, jogging paths, and playgrounds, making it easy to stay active and connect with your neighbors. Conveniently located with easy access to 75, commuting to work or school will be a breeze. You'll also be just a short drive away from dining, shopping, and entertainment options. BRING YOUR OFFER TODAY!
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Property Highlights
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About Grayson
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20266350
Details provided by NTREIS and may not match the public record
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