40 Mimosa Street
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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Virtual Properties Realty.com | $290,000 | |
| Listed by Virtual Properties Realty.com | |||
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Welcome to 40 Mimosa Street in Winder a move in ready 3 bedroom, 2 bath ranch functional living space on 0.42 acre corner lot just minutes from downtown. An inviting front porch welcomes you inside to durable LVP flooring throughout the main living areas. The open living and dining space is filled with natural light, and the split-bedroom floor plan provides added privacy while maintaining an efficient layout with no wasted square footage. The kitchen features granite countertops, tile backsplash, dishwasher, glass top range, ample cabinetry, and prep space. It flows seamlessly into the main living area, making both daily routines and entertaining easy. The primary suite offers a private retreat with its own full bath and granite vanity. Secondary bedrooms are comfortably sized and carpeted, ideal for guests, a home office, or additional needs. Step outside to a fully fenced backyard complete with a patio and storage shed, perfect for pets, gatherings, or quiet evenings outdoors. The spacious corner lot provides extra breathing room that's increasingly hard to find at this price point. Built in 1995, the home includes, vinyl siding, public water and sewer, and a level driveway with room for up to four vehicles. Convenient to Winder's shops, schools, dining, and commuter routes, this property offers usability, outdoor space, and strong value in today's market. Schedule a showing today.
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| Apr 9, 2026 | Listed by Virtual Properties Realty.com | $290,000 | |
| Listed by Virtual Properties Realty.com | |||
| Sep 6, 2025 | Price Decreased |
$287,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017