2205 Mimosa 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 6, 2024 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,175,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Wonderful home nestled on a quiet street in the River Oaks area with courtyard and small fenced back yard. Renovated in 2019 with new hardwood floors, roof, kitchen counter tops, back splash, sink and gas cook top. This home features lots of windows, first floor living with a large living and dining area, island kitchen, breakfast area, and green space in the back yard! The second floor offers a large primary bedroom with two walk in closets, study & media room with built in coffee bar or additional bedroom with full bath. Third floor features two bedrooms with game room. Enjoy the high ceilings, surround sound, elevator capable to third floor, large garden patio and fenced back yard.
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| Mar 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017