16828 Mimosa Ln
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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Relisted | $24,000 | |
| Relisted | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Listed by Epique Realty LLC | $24,000 | |
| Listed by Epique Realty LLC | |||
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Discover the perfect spot to build your dream home or weekend getaway on this cleared and leveled lot in a peaceful neighborhood. This unrestricted property offers endless possibilities, including the option for manufactured homes. Enjoy the freedom to create the lifestyle you desire with no HOA restrictions.
Conveniently located near I-69 and the Grand Parkway, you're just minutes away from shopping, dining, and entertainment options. Zoned to the highly regarded Splendora ISD, this lot provides both tranquility and accessibility. Don't miss out on this rare opportunity to own a versatile piece of land in a prime location!
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Property Highlights
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Price/ft²
Listed On
Sold On
About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,450 /mo
- 2 Beds
- 1 Bath
- 870 ft²
$2,800 /mo
- 4 Beds
- 3 Baths
- 2,170 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017