49
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150 Mimosa Drive
About This Property
Nestled in the highly sought-after Country Estates section of East Hills, this spacious and beautifully situated residence offers an exceptional combination of privacy, comfort, and convenience. Set on an elevated 0.467-acre property, the home is surrounded by mature landscaping and a serene wooded backdrop, creating a peaceful and private retreat. Offering approximately 4,234 square feet of interior living space, this impressive home features 5 bedrooms and 3 full bathrooms, providing generous space for comfortable family living and entertaining. The inviting interior includes an oversized eat-in kitchen with abundant cabinetry, storage, and workspace, along with a bright and welcoming family room filled with natural light through expansive windows overlooking the tranquil surroundings. Recent improvements include an updated boiler and a newly installed gas-powered whole-house generator, providing added comfort and peace of mind. As an East Hills resident, you will enjoy exclusive access to East Hills Park, with an outstanding array of recreational amenities including swimming pools, tennis and basketball courts, a dog park, playgrounds, walking trails, and a full calendar of year-round community activities.
Ideally located near Roslyn Village, the Roslyn LIRR station, major parkways, shopping, dining, and transportation, and within the renowned Roslyn School District, this exceptional property presents a rare opportunity to enjoy the best of the East Hills lifestyle.
Private setting. Generous living space. Exceptional amenities. Unbeatable location. A wonderful opportunity to make this distinguished East Hills residence your own.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2026 | Price Decreased |
$2,199,000
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed by Provident Realty Group Corp | $2,299,000 | |
| Listed by Provident Realty Group Corp | |||
| May 21, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017