1023 Mimosa Avenue
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%.
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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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$849,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Jul 8, 2025 | Price Decreased |
$889,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Apr 26, 2025 | Listed by Century 21 Affiliated | $919,000 | |
| Listed by Century 21 Affiliated | |||
| | |||
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Welcome to 1023 Mimosa Avenue—a charming opportunity tucked inside the private, gated enclave of Rancho Vista Estates. This special neighborhood of just 40 homes offers everything young families and first-time buyers are looking for: privacy, space, a strong sense of community, and incredible value. With four private parks, two playgrounds, and 20 acres of shared open space for strolling, riding, or simply unwinding, this is the kind of place where neighbors become lifelong friends. The home itself sits on one of the most peaceful lots in the community—surrounded by nature with only one neighbor and a beautiful greenbelt next door. Inside, you’ll find vaulted ceilings, wood-style flooring, and an open floor plan perfect for everyday living or entertaining. The primary suite is conveniently located on the main level with a large walk-in shower and dual shower heads. Upstairs offers flexible space currently 2 bedrooms, 3 bedrooms are possible, with a simple replacement of a wall, for a total of 4 bedrooms, giving you room to grow or create a home office, playroom, or guest space. The oversized two-car garage has plenty of room for all your gear, and the wraparound deck is ideal for hosting a BBQ or relaxing under the stars. With a newer roof, drought-tolerant landscaping, and one of the best locations in Vista, this home checks all the boxes. Close to top-rated schools, shopping, golf, hiking, and just 15-20 minutes to the beach—this is your chance to live the North County lifestyle at a great price. Come take a look—homes in Rancho Vista Estates don’t come up often, and this one might just be the one.
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Property Highlights
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Price/ft²
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About San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017