4506 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 |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$679,000
↓ $30K
(4.2%) | |
| Price Decreased | |||
| Jul 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 22, 2026 | Listed by LPT Realty, LLC | $709,000 | |
| Listed by LPT Realty, LLC | |||
| Jul 4, 2026 | Price Decreased |
$719,000
↓ $30K
(4%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by LPT Realty, LLC | $749,000 | |
| Listed by LPT Realty, LLC | |||
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Located inside the loop in Bellaire, this beautiful one-story brick home offers 3 bedrooms and 3 full bathrooms with tile flooring throughout for easy maintenance and a clean, modern feel. The home features a versatile front flex room perfect for a formal living or dining space, flowing into a spacious den that opens to the kitchen and a large breakfast area—ideal for everyday living and entertaining. Enjoy cozy evenings by the fireplace and take advantage of the fabulous backyard space for gatherings or relaxation. The home also includes a refrigerator, washer, and dryer for added convenience. Zoned to top-rated schools including Horn Elementary School and Bellaire High School, and just minutes from restaurants, markets, and daily essentials, this property is a fantastic opportunity for both homeowners and investors. Don’t miss out on this incredible home!
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About Southwest Houston
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$8,500 /mo
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$7,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017