3156 SE Mimosa Street
About This Property
Fruit trees: Mango, Avocado, Pomegranate, Lychee, Papaya, Grumichama Cherry,
Rio Grande Cherry, Muscadine Grape, Bananas
3 garden areas and fruit trees have irrigation.
2 wells (house and lot).
upgraded... windows, A/C, kitchen, laundry room, bathroom (vanity/toilet). Washer/dryer less than a year old. Although city water is going in, the water softener is less than 6 months old. Riding Lawn Mower included in sale.
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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 1, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Price Decreased |
$325,000
↓ $14K
(4.1%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$339,000
↓ $16K
(4.5%) | |
| Price Decreased | |||
| Jan 4, 2026 | Price Decreased |
$355,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
Property Highlights
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About Martin
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$9,900 /mo
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017