5205 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 30, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2020 | Listed by Coldwell Banker Realty | $1,255,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to Bellaire! - No HOA, Low Tax Rate, Zoned to the highly sought after Bellaire High and within minutes from the Galleria & Medical Center. Refrigerator, Washer, Dryer, BarBQ, TV's are Included - 2-story, Stone & Stucco front Elevation from Partners in Building Luxury Homes built 3-feet up; High ceilings, The home features: a must see 2-Story Study! Luxury Wet Bar/Wine Room, Dramatic Dining Room that will delight your guests! Hardwood flooring throughout the first floor; Spacious living room with an Incredible view of the Backyard Saltwater Pool & Spa! The Kitchen has granite counters, Built-In Refrigerator, huge Island with lots of storage space, Dual-Sided Stone Fireplace, Stone Accents. Guest Bedroom with French Doors leading to the pool. Master Bedroom upstairs has a walk in Jumbo Shower, GameRoom has 5-surround sound speakers and 2nd Floor Outdoor Porch Balcony. Backyard has a Covered Patio/Deck. Heated Saltwater Pool & Spa.
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017