4051 Freeman Way
About This Property
From the moment you arrive, the amazing front porch creates a warm and inviting first impression. Inside, you'll find a bright open-concept floor plan with soaring ceilings, abundant natural light, and spacious living areas designed for both everyday living and entertaining. This thoughtfully designed home features a dedicated media room, private office, and elegant formal dining room, offering flexibility and functionality for today's lifestyle.
The backyard is truly an entertainer's dream with a sparkling pool, built-in outdoor kitchen, and a turfed side yard complete with a putting green-creating the perfect space for relaxing, hosting guests, or enjoying time with family year-round. A three-car garage adds even more convenience and storage.
Don't miss this incredible opportunity to own a beautifully upgraded home in one of Prosper's premier master-planned communities, known for its world-class amenities, top-rated Prosper ISD schools, and unmatched lifestyle.
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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 1, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed by Jones-Papadopoulos & Co | $1,050,000 | |
| Listed by Jones-Papadopoulos & Co | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017