4615 Fairmount Street
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%.
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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Jan 14, 2024 | Listed by Douglas Elliman Real Estate | $1,300,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Price Decreased |
$1,450,000
↓ $145K
(9.1%) | |
| Price Decreased | |||
| Jul 27, 2023 | Listed by Douglas Elliman Real Estate | $1,595,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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New construction condominium development site, including plans. This 10 unit development is conveniently located near the Dallas North Tollway and Maple Ave., within 3 minutes from Parkland Hospital and 5 minutes from Downtown Dallas. Contact agent for more information.
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Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Northwest Dallas
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20512090
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017