6220 Walnut Drive
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 |
|---|---|---|---|
| Feb 12, 2026 | No longer available | - | |
| No longer available | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by The Bauer Group, LLC | $315,000 | |
| Listed by The Bauer Group, LLC | |||
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Investor Special! Don’t miss this exceptional investment opportunity in a desirable Fort Worth location. This well-maintained 4-bedroom, 2-bathroom home features a reliable tenant already in place, offering immediate rental income from day one! Situated directly next to the Trinity River walking trails and at the end of a peaceful cul-de-sac, this property provides easy access to outdoor recreation, nature, and serene river views—an attractive amenity for tenants and future buyers alike. The home offers a functional layout, spacious living areas, a beautiful fireplace, a covered porch and a comfortable backyard, all within close proximity to schools, shopping, and major commuter routes. Whether you’re expanding your rental portfolio or seeking a long-term income-producing property in a growing area, this property is a solid choice!
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| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 19, 2021 | Listed by Briggs Freeman Sotheby's Int'l | $269,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
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Country living in the city! Inviting front porch. Updated 3 b-room 2 ba with bonus room on 1 third of an acre near coveted River District. Sits on end of quiet culdesac. Across from Trinity River-Trail. Walk, ride or paddle to nearby Westworth Falls or Heim BBQ. Open concept. Hardwood floors. Sunkin liv. with stone fireplace. Spacious kitchen with gas cooking, vinyl plank floors and storage galore. 2nd bath with subway tile. Bonus room perfect 4th b-room, nursery or study. Large utility with sink. Huge yard with large covered patio. shed could be workshop. Mature oak, pecan trees. Slab for boat-RV. Treehouse and swingset stay. Don't delay!
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About Eastgate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017