4902 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 17, 2026 | Listed by Porter Service Realty | $76,500 | |
| Listed by Porter Service Realty | |||
| Jan 18, 2019 | No longer available | - | |
| No longer available | |||
| Oct 27, 2018 | Price Decreased |
$29,900
↓ $3K
(8%) | |
| Price Decreased | |||
| Nov 11, 2016 | Listed | $32,500 | |
| Listed | |||
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Good size wooded lot with lots of privacy in Southwest Durham. Convenient to I-40, Hwy 54, Hwy 55, Southpoint Mall, NCCU, UNC, and Duke. Buyer can use own Builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017