5124 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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | No longer available | - | |
| No longer available | |||
| Aug 19, 2020 | Listed by Keller Williams Realty | $975,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Welcome to your own personal oasis in Bellaire! This stunning home has been meticulously maintained. As you walk through the double front doors you'll be greeted by soaring ceilings and a spacious entryway. One of the unique features of this home is the high ceilings both downstairs and upstairs with tall doors throughout. Also, you'll find an extremely spacious oversized 3 car garage, which is very rare for Bellaire. In addition to the 4 dedicated bedrooms, this home offers a private study, media room (which could be used as a 5th bedroom), and an upstairs game room. The master bedroom is located on the first floor and the master bathroom is a spa-like retreat. Tons of great shopping and restaurants are only a half mile away, including the newly opened HEB. If you're looking for the perfect home for entertaining that is inviting, open, well planned, zoned to highly rated schools, and close to everything - schedule your appointment to view this gem today!
| |||
| Jul 22, 2020 | Price Decreased |
$990,000
↓ $8K
(0.8%) | |
| Price Decreased | |||
| May 7, 2020 | Relisted | $998,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017