2234 6th Avenue
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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.
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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 |
|---|---|---|---|
| Nov 10, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by Fort Worth Focused Real Estate | $549,000 | |
| Listed by Fort Worth Focused Real Estate | |||
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Welcome to this stunning 1921 airplane bungalow in the heart of Historic Fairmount. The floor plan offers flexibility for any stage of life: choose between a second living area or an ultra large and luxurious primary suite! The rich paint colors throughout--a nod to the home's era--create a warm and inviting atmosphere, and the new wood floors on the first floor complement the home's original character. The living room features a fireplace and coffered ceilings that add to the elegance of the room, while French doors connect it to a spacious dining area, ideal for hosting dinner parties. The large eat-in kitchen provides ample space to prepare and enjoy meals with family and friends. Upstairs, you'll find two additional bedrooms, a hallmark of airplane bungalows, for accommodating guests or a growing family. Enjoy abundant neighborhood events as well as proximity to Magnolia Avenue's shopping and dining.
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| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Burt Ladner Real Estate LLC | $448,000 | |
| Listed by Burt Ladner Real Estate LLC | |||
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Come see the metamorphosis of this adorable airplane bungalow in Fairmount! It is on one of the 40 feet deeper lots on one of the best street. The layout of the home is just fabulous with a huge owner’s suite on the first floor consisting of an office, bedroom, nursery, utility room and bathroom. Airplane bungalows are known for two smaller bedrooms upstairs, and in this home the bedrooms are accessed via a narrow small staircase. Also, on the first floor is a large living room, with fireplace, then French doors lead to a spacious dining room. Lastly, there is a huge kitchen with room for a breakfast or sitting area. Huge deck off the kitchen is so perfect for entertaining.
Foundation work was completed last year but, most rooms have not been repainted to allow for new owners taste in paint colors.
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| Jan 21, 2022 | No longer available | - | |
| No longer available | |||
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About Fairmount
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017