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4124 Shannon Drive
About This Property
Real hardwood floors flow throughout the living spaces, while the redesigned kitchen takes center stage, opening directly to a spacious great room that makes everyday living and entertaining effortless. The home also offers the rare combination of a separate formal living room and dining room, giving defined, elegant spaces for entertaining without sacrificing the open feel today's buyers want.
The private primary suite is a true retreat, featuring a fully renovated marble bath, an oversized shower, and two closets for ample storage. Additional bathrooms have also been fully remodeled with fresh, timeless finishes throughout.
A dedicated office sits away from the bedrooms, creating an ideal work-from-home space without sacrificing bedroom privacy. Outside, the large, tree-shaded yard offers plenty of room to entertain, play, garden, or simply enjoy the peaceful setting that makes this neighborhood so desirable.
This is more than a cosmetic update, it is a complete transformation designed for modern living while preserving the timeless appeal of one of Fort Worth's most beloved established neighborhoods. Move-in ready, beautifully finished, and located in the heart of Ridglea Hills, this home is ready to welcome its next owner.
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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 28, 2026 | Price Decreased |
$650,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Oct 23, 2026 | Relisted | $650,000 | |
| Relisted | |||
| Oct 23, 2026 | Price Increased |
$659,900
↑ $10K
(1.5%) | |
| Price Increased | |||
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Price Decreased |
$650,000
↓ $49K
(7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017