4615 Mimosa Drive
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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%.
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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 |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2023 | Listed by Greenforest Properties | $950,000 | |
| Listed by Greenforest Properties | |||
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Fully updated and meticulously maintained 4 bedroom 4 bath home inside the loop! Come on in and enjoy this beautiful estate. Downstairs offers a Master bedroom , additional second bedroom both with full baths. Perfect for infants or visiting parents! Gourmet island Kitchen opens to family room and the butlers pantry adjoins the formal dining room. Plantation shutters downstairs & in game room and a great sized office as well. No carpet anywhere! Upstairs you have a full second master bedroom, the secondary bedrooms and a great sized game room! Located inside the loop in the City of Bellaire - a highly desired community with wonderful schools. The home sits on a large lot with a generous covered outdoor patio , upstairs balcony and is in ready to move in condition. The entire home has been recently updated both inside and out. Please see attachment with list of all improvements. Home is within walking distance of Horn Elementary and Evergreen Park and Pool. Easy on access to 610.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017