5202 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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by RE/MAX Southwest | $1,690,000 | |
| Listed by RE/MAX Southwest | |||
| | |||
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No need to spend money for the extras, this home already has them all! Whole home generator, Water Softener, Mosquito Mister (front&back), Outdoor Kitchen with Grill and Hot/Cold Water Faucet/Sink, Outdoor sound system and Hideaway Outdoor 70” Television w/Hydraulic Lift, Heated Pool & Hot Tub, Fire Bowls and Fire Pit, Dual ACs, Dual Redundant Water Heaters, Radiant Barrier, Security System with Cameras, Home Audio/Video System, Outdoor Bistro Lighting. 5 bedrooms, 5 ½ baths. All bedrooms with ensuite baths. Quartz counters throughout. Stained oak floors. Chef’s kitchen with Viking appliance package. Winner of Best Master Suite - Bellaire Showcase Fall 2018. Come experience the backyard oasis and the lovely living space!
| |||
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 9, 2024 | Price Decreased |
$1,695,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017