$400,000
●
House -
Off Market
5824 Downs Drive
Fort Worth, TX 76179
4 Beds
1 Bath,
1
Half Bath
2,831 Ft²
$388,772
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
*MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE TUESDAY JUNE
7TH AT 5PM!* Updates completed May 2022: installed luxury vinyl
plank downstairs, installed new carpet upstairs, walls, trim and
doors painted one neutral color throughout, pool mastic replaced,
updated kitchen and master bath sink and shower fixtures, replaced
blinds! Flexible front room just off the entry can serve as a
formal living or office space. Spacious kitchen and breakfast space
flow openly to the downstairs living room. We cannot say enough
about this oversized primary suite - abundance of natural
light, dual sinks, separate tub & shower and an unbelievably large
master closet! Step out onto the covered back porch and enjoy a cup
of coffee overlooking the pool while listening to the relaxing
water features. This home truly has it all...and is just a few
short minutes away from multiple freeways, allowing for an easy
commute!
Unit Size
2,831 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$134
Property Type
House
Property Taxes
$599
HOA Dues
$31
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20073239)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Oct 21, 2023 | Price Decreased |
$370,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Oct 17, 2023 | Price Decreased |
$384,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Oct 7, 2023 | Listed by Sans Pareil LLC. | $394,900 | |
| Listed by Sans Pareil LLC. | |||
| | |||
|
Beautiful Home in Remington Point, completed with tons of upgrades! This 4 Bedroom, 2.5 Bathroom home is perfect for a growing family. Home recently had new flooring installed, neutral paint throughout, custom painted kitchen cabinets, updated fixtures and new blinds. New AC unit installed in 2022! Two separate living areas allows everyone the chance to have their own space. Formal Dining is perfect for entertainment. Large kitchen with an eat-in Breakfast Nook. Oversized Primary Suite, complete with setting area. Primary Bath boasts a separate tub & shower and massive walk-in closet! Large secondary bedrooms with oversized closets. Backyard is a private oasis where you can enjoy the evening with friends in your pool or under the covered patio! Conveniently located near major highways, dining and entertainment. Close to NAS-JRB, downtown Ft Worth, and the Stockyards. This is a must see property that you do not want to miss! The manager has listed the unit size as 2831 square feet.
| |||
| Jul 15, 2022 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Remington Point
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Listed by: Holly Oestereich, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20073239
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20073239
Details provided by NTREIS and may not match the public record
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