23 Mimi Road
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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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2023 | Listed by EXP Realty | $500,000 | |
| Listed by EXP Realty | |||
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Nestled in the heart of Old Bridge, this inviting residence at 23 Mimi Rd offers the perfect blend of comfort, convenience, and style. Open the front door and be welcomed to a cozy family room that offers a great retreat perfect for movie nights, your perfect show or relaxation. Around the corner there are 2 large bedrooms followed by a large full bathroom. Enjoy a well appointed kitchen with plenty of storage next to a large dining room and living room area. As you walk up to the second level be welcomed by 2 large bed rooms perfect for a king size bed. The basement will make a perfect playroom or game room that include a full bathroom. Come outside onto your private deck and enjoy the ideal space for gardening and creating cherished memories. Home includes a 4 zone sprinkler system!
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| Aug 6, 2023 | Listed by EXP REALTY, LLC | $500,000 | |
| Listed by EXP REALTY, LLC | |||
| Jun 6, 2011 | Sold | ||
| Sold | |||
| Nov 12, 2010 | Listed by KELLER WILLIAMS WEST MONMOUTH | $279,900 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
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4 Bedroom/2 Full Bath Home w/Family Room & Large Living/Dining Room Combo Addition (30x15) w/Eat In Kitchen, Full Basement Partially Finished w/Built in Bar & Pool Table, Screen Room & Fenced in Yard. Updated Bath with Jacuzzi Tub. Great family home in residential neighborhood, close to NYC bus stop. Can close Quickly!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017