~Next-Level Awesome in LOVEJOY ISD~ Prepare for love at first sight
the moment you tap the brakes to this manicured diamond in Allen's
sought-after Stacy Ridge Estates in Lovejoy ISD, where incredible
curb appeal is only the "you had me at hello" to an amazing
interior, fantastic layout, beautiful finishes & wonderland
backyard! Towering trees frame the lush lawn and impeccable
landscaping, pebble swing drive & brick-bordered walk-up, manicured
stone-bordered beds and tree rings, all leading to a charming,
covered porch, board-n-batten shutters, chalk stone accents & bay
window. You will love your 2-story entry with transom, stacked
formals, spiral staircase, crown moldings, timeless travertine &
nail-down hand-scraped hardwoods, Study with glass-paneled French
doors & built-ins, all lead into the Living Area overlooking your
backyard oasis & pool with 10-ft ceilings, gas log fireplace &
built-ins, open to the incredible Kitchen with breakfast bar,
granite, classic subway tile, island, walk-in pantry, Dover White
cabinets with display cabinets, spring pull-down faucet, SS
appliances & eat-in Kitchen with tons more counter space &
cabinetry! Insane Primary Ste w double-tray ceiling wrapped in
layers of crown molding, bay window, plantation shutters & dreamy
backyard pool views, ensuite bath with heated floor, jetted tub,
frameless shower, dual sinks, linen closet & huge walk-in with
customizable Elfa shelving! Upstairs is a wonderland with huge Game
Room, even huger Media Room, 3 spacious bedrooms & 2 full baths
including Jack & Jill! The back yard, oh the back yard... a sprawling
wonderland with resort-style pool & waterfall, massive patio, lush
turf, towering shade trees, magical string lights & endless room to
play! Amazing location tucked into an established neighborhood yet
minutes from shopping, dining & entertainment, Stacy Ridge Park,
community pool, playground & trails, with quick access to Stacy
Road, 75 & 121 and highly acclaimed Lovejoy ISD! MUST SEE!
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.
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