830 Speargrass Lane
About This Property
Gorgeous home in Prosper ISD in a CulDeSac and 1 mile away from PGA with a pool, NO MUD_PID. Right away you are greeted with flower beds and a patio in front of the home. As you enter through the wrought iron door you are welcomed with a long hallway and 10' tall ceilings. To the right you have an office large enough for two. Few steps down the hallway to the left you have two bedrooms and a bathroom. Further down, the open space welcomes you which consists of open kitchen with a oversized island, large dining room and a huge living room. But the whole fun begins outside with a 2 year old salt water swimming pool. Golf cart may be negotiated if above asking price
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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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by Real Broker, LLC | $615,000 | |
| Listed by Real Broker, LLC | |||
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Best and final due Monday 9am
Gorgeous home in Prosper ISD in a CulDeSac and 1 mile away from PGA with a pool, NO MUD_PID. Right away you are greeted with flower beds and a patio in front of the home. As you enter through the wrought iron door you are welcomed with a long hallway and 10' tall ceilings. To the right you have an office large enough for two. Few steps down the hallway to the left you have two bedrooms and a bathroom. Further down, the open space welcomes you which consists of open kitchen with a oversized island, large dining room and a huge living room. But the whole fun begins outside with a 2 year old salt water swimming pool. Golf cart may be negotiated if above asking price
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About Prosper
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14635190
Details provided by NTREIS and may not match the public record
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