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3989 Benchmark Lane
About This Property
pride of ownership. A soaring staircase sets the tone the moment you walk in. Rich hand-scraped hardwood floors sweep across the entire downstairs, flowing into a sun-drenched living space framed by a wall of windows and a stone gas fireplace. The chef's kitchen commands attention, featuring a massive island, professional-grade GE Monogram appliances, double ovens, gas cooktop with built-in griddle, walk-in pantry, and a butler's pantry with
wine fridge. The private office is an architectural statement - double glass doors, rounded walls, picture frame molding, and a breathtaking 20-foot ceiling unlike anything else in the neighborhood. The primary suite is a true retreat. Vaulted ceilings. A serene sitting area. Spa-inspired bath with soaking tub, oversized shower, dual vanities, and two generous walk-in closets. Upstairs, a rustic beamed-ceiling game room opens to a covered balcony perfect for morning coffee or evening sunsets. The two-tier media room with wet bar and refrigerator was built for movie nights and game days. Step outside to a fully appointed outdoor retreat - brick fireplace with mantel, mounted TV, refrigerator, built-in grill with granite countertops, and designer ceiling fans with lights. Mature trees and a covered patio keep the space as inviting in January as it is in July. A dedicated single-car bay plus an oversized two-car garage leaves room for a golf cart, ATV, or motorcycles - a rare find in any neighborhood. Zoned to Vaughn Elementary, Pioneer Heritage Middle, and Wakeland High in acclaimed Frisco ISD. Minutes from The Star, Toyota Stadium, and PGA Frisco - this is a home and a lifestyle worth every bit of the investment.
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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 |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$1,275,000
↓ $20K
(1.5%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Ebby Halliday, REALTORS | $1,295,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017