$1,085,000
●
House -
Off Market
4261 Mill Branch Drive
Prosper, TX 75078
4 Beds
0 Bath
3,180 Ft²
$7,137
Est. Monthly
$181
HOA / Fees
1.16%
Cap Rate
About This Property
Discover unparalleled luxury in this single-story residence nestled
in the highly sought-after Windsong Ranch in Prosper ISD. Embrace a
lifestyle of leisure w access to outstanding amenities including
parks, trails, dog park, clubhouse, resort like pools, fitness
center, tennis courts & 5 acre beach-like lagoon.Step inside this
breathtaking home & be greeted by stunning vaulted ceilings w
beams. The bright & open layout is tailor-made for entertaining,
while the kitchen exudes elegance w commercial-grade appliances,
quartz countertops, & exquisite cabinetry. Indulge in relaxation &
entertainment w a dedicated media room & an office, providing ample
space for unwinding or working from home. The private primary suite
features wood beams & a spa-like ensuite boasting a slipper tub,
dual entry shower, and a walk-in closet.Each of the spacious
bedrooms boasts its own ensuite. Outside, the large backyard
beckons w a spacious covered patio, offering the perfect setting
for outdoor gatherings.
Unit Size
3,180 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$346
Property Type
House
Property Taxes
$1,554
HOA Dues
$181
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20622052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Keller Williams Frisco Stars | $1,100,000 | |
| Listed by Keller Williams Frisco Stars | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by Jones-Papadopoulos & Co | $1,049,000 | |
| Listed by Jones-Papadopoulos & Co | |||
| | |||
|
SELLERS OFFERING $15k TOWARDS RATE BUY DOWN OR CLOSING COSTS with reasonable offer. This single story 4 bed 4 bath home shows like a model! Incredible details throughout including high ceilings, beams in living room, kitchen, master bed and bath. Extended outdoor living with motorized drop down screen, and plantation shutters and shades and custom lighting throughout. The kitchen is a wow with custom cabinetry, ss kitchen aid appliances, double ovens, built in wine fridge, & oversized island. Luxurious owner's suite w bathroom that rivals a spa, featuring a dual entry shower, large free standing tub, and roomy walk in closet. Media room has custom barn door that makes a statement. Dedicated Study located in front with custom wall paneling. Sought after Windsong Ranch amenities include the white sand beach and 5 acre crystal lagoon, two resort style pools, fitness center, cafe, tennis courts, basketball courts, multiple catch and release ponds, jogging and biking trails, & dog park.
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About Prosper
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Listed by: Christie Cannon, Keller Williams Frisco Stars
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20622052
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20622052
Details provided by NTREIS and may not match the public record
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