4619 Fairmount Street
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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.
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 17, 2020 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by Keller Williams Urban Dallas | $260,000 | |
| Listed by Keller Williams Urban Dallas | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $375,000 | |
| Listed | |||
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This home is being SOLD for lot value. As-Is. This property is centrally located in a growing urban transitional area and is zoned MF2. Investors and builders come in and bring your creative ideas and leave your legendary mark. Minutes to downtown, Uptown, Lower Greenville, Trinity Groves. Near I35, US Highway N75, I30, 45 and Woodall Rodgers. Many exciting attractions nearby restaurants, shopping centers, American Airlines, Reunion Tower, Clyde Warren Park, Love Field Airport, Parkland Hospital, Dallas Design District, and Dallas Market Center, and The Fair park. The manager has listed the unit size as 1100 square feet.
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| Jul 9, 2017 | Listed | $350,000 | |
| Listed | |||
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Property is being sold for land value to be used as a building site and the seller will make no repairs. This property can be purchased together with 4615 Fairmount for contiguous lots to build on. Zoned Multifamily District 2 The manager has listed the unit size as 1100 square feet.
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About Northwest Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14097917
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