4405 Switchgrass Street
About This Property
The open-concept design is filled with natural light, with soaring ceilings enhancing the connection between the living, dining, and kitchen spaces. At the center of the home, the gourmet kitchen features an oversized island, dedicated coffee bar, and walk-in pantry, offering both style and everyday functionality.
Upstairs, multiple flexible living spaces provide room for everyone. A bonus room near the primary suite is ideal for a home office, nursery, fitness space, or private retreat, while the media and game rooms are professionally wired for sound and ready for movie nights and entertaining.
The backyard is a true standout, featuring a new pool and spa, new pergola, and peaceful greenbelt views. Designed to feel like a private resort, this outdoor space offers the perfect setting for poolside afternoons, outdoor dining, entertaining friends, or relaxing beneath the pergola.
Light Farms residents enjoy an impressive collection of amenities, including The Nook restaurant, pickleball courts, resort-style pools, parks, trails, and community gathering spaces. Located within Prosper ISD with convenient access to shopping, dining, entertainment, and nearby golf, this home delivers the space, amenities, and lifestyle Light Farms is known for.
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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 |
|---|---|---|---|
| Oct 28, 2026 | Price Decreased |
$715,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Aug 15, 2026 | Listed by Coldwell Banker Realty Frisco | $725,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
| Feb 12, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 21, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 21, 2025 | Listed by Coldwell Banker Realty Frisco | $825,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
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OFFERING $7,500.00 SELLER CONCESSION!!!!!!Your Dream Home Awaits in Light Farms' Cypress Neighborhood, part of the prestigious Prosper ISD school system what a fantastic combination. With amentities that include The Nook restaurant, pickleball courts, and community pool to name a few . Discover the perfect blend of comfort and luxury in this stunning 4-bedroom, 3-bathroom, two-story home. This spacious residence offers a serene retreat with Open-Concept Living: Soar through the vaulted ceilings and enjoy the seamless flow between the living, dining, and kitchen areas.Chef's Kitchen: Indulge your culinary passions in the gourmet kitchen, complete with a spacious island, coffee bar, and walk-in pantry. Primary Suite Oasis: Unwind in your private sanctuary, featuring a versatile bonus room perfect for a nursery, gym, or home office.Outdoor Paradise: Relax on your backyard patio, while enjoying your stunning 2022 pool and spa overlooking a tranquil greenbelt. Entertainment Hub: Host friends and family in the upstairs game room and media room, both wired for surround sound. Prime Location: Enjoy the convenience of nearby shopping, dining, parks, sports fields, and an amazing golf course community. This KHovnanian masterpiece wont last long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017