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7902 Thistletree Lane
About This Property
The private backyard retreat features a gunite pool and spa resurfaced with custom tile in 2022, covered patio, 8-foot privacy fence and updated landscaping. Inside, the kitchen offers quartz countertops, resurfaced cabinetry, updated appliances and a dedicated bar area with a built-in wine and beverage refrigerator. The first-floor primary suite adds convenience, while all secondary bedrooms feature walk-in closets.
Many of the home's major systems and big-ticket items have already been addressed, including a new roof, gutters and water heater installed in August 2026. Both HVAC systems have been replaced (2018 and 2022), high-efficiency Andersen windows were added along the south and west exposures in 2021, and guest bathrooms were updated in 2025. The main level also features smooth ceilings, fresh paint, plus low-maintenance tile flooring.
Located in an established Frisco neighborhood with a community pool and convenient access to shopping, dining, Warren Park and Warren Sports Complex. With extensive updates, flexible living space, a private pool and spa and a rare 3-car garage, this home is ready to enjoy.
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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 31, 2026 | Price Decreased |
$636,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$650,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Relisted | $670,000 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Price Decreased |
$680,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017