$630,000
●
House -
Off Market
721 Sandbox Drive
Little Elm, TX 76227
5 Beds
4 Baths,
1
Half Bath
3,523 Ft²
$3,822
Est. Monthly
$753
HOA / Fees
3.59%
Cap Rate
About This Property
Stunning 2-story home full of upgrades is ready for you. Popular
American Legend floor plan has the perfect balance of comfort,
style and convenience. Tall ceilings in entry elevate the open
floor plan with nail down hardwood floors. Private study-flex space
with french doors. Downstairs private primary retreat offers a
spa-like bath, separate oversized shower, dual vanities and huge
walk-in closet. Second bedroom down with ensuite. Additional 3
bedrooms, game room and media room upstairs. Eat-in kitchen
features granite countertops, SS appliances, large island, gas
cooktop, walk-in pantry, and tons of storage. Extended covered
patio is ideal for outdoor gatherings. 3 car tandem garage.
Community features 2 pools, clubhouse, jogging-bike paths, 2
fishing ponds, dog park, weight room, yoga studio, basketball
court, beach volleyball, tennis court, and 3 playgrounds. Front
yard maintenance and security system Monitoring are also included
through the HOA. Property is in the HWY 380 MUD.
Unit Size
3,523 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
$753
Year Built
2017
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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: 2 years ago (NTREIS #20611924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Local Pro Realty LLC | $625,000 | |
| Listed by Local Pro Realty LLC | |||
| | |||
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Stunning 2-story home full of upgrades is ready for you. Popular American Legend floor plan has the perfect balance of comfort, style and convenience. Tall ceilings in entry elevate the open floor plan with nail down hardwood floors. Private study-flex space with french doors. Downstairs private primary retreat offers a spa-like bath, separate oversized shower, dual vanities and huge walk-in closet. Second bedroom down with ensuite. Additional 3 bedrooms, game room and media room upstairs. Eat-in kitchen features granite countertops, SS appliances, large island, gas cooktop, walk-in pantry, and tons of storage. Extended covered patio is ideal for outdoor gatherings. 3 car tandem garage. Community features 2 pools, clubhouse, jogging-bike paths, 2 fishing ponds, dog park, weight room, yoga studio, basketball court, beach volleyball, tennis court, and 3 playgrounds. Front yard maintenance and security system Monitoring are also included through the HOA. Property is in the HWY 380 MUD.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Denton
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Listed by: David Hernandez, Local Pro Realty, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20611924
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20611924
Details provided by NTREIS and may not match the public record
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