2225 Fairmount Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by Eakin Group LLC | $465,000 | |
| Listed by Eakin Group LLC | |||
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Welcome to this beautifully remodeled home located in the heart of the historical Fairmount district in Fort Worth, Texas! This stunning property has been fully updated with new paint, lighting fixtures, and modern amenities that will delight even the most discerning buyers. The kitchen has been completely transformed with new cabinets and gorgeous quartz countertops, making it perfect for cooking and entertaining. The modern bathrooms are sure to impress, with new fixtures and finishes that are both stylish and functional. The plumbing and HVAC systems have been updated, ensuring that this home is comfortable and efficient all year round. With its prime location and countless updates, this property is a must-see for anyone looking for a centrally located home in Fort Worth. Don't miss out on the opportunity to make this stunning home yours!
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| Mar 12, 2023 | No longer available | - | |
| No longer available | |||
| Jan 19, 2023 | Price Decreased |
$500,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Dec 21, 2022 | Listed by Jason Mitchell Real Estate | $510,000 | |
| Listed by Jason Mitchell Real Estate | |||
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This Stunning three-bedroom, two-bath is a must-see in the exclusive Fairmount District with a desirable layout that flows as you walk in. this fully renovated home features custom built-in kitchen cabinets, quartz countertops, brand new HVAC and Heater, Water heater, Brand new appliances and much more. Hardwood floors flow from the family room into the primary bedroom. You'll love the luxurious ensuite bath with a large walk-in shower. The Living Room is accompanied by a fireplace perfect for some R&R; Guest bedrooms are generously sized with walk-in closets. Centrally and conveniently located one mile from W Magnolia, The hospital district, and TCU, with various shopping and dining options only a short drive away. Come by and fall in love with this fantastic home! The manager has listed the unit size as 1680 square feet.
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About Fairmount
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$7,150 /mo
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$5,600 /mo
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14645115
Details provided by NTREIS and may not match the public record
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