5224 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 |
|---|---|---|---|
| Feb 19, 2025 | No longer available | - | |
| No longer available | |||
| Feb 17, 2025 | Listed by XY Realty | $349,000 | |
| Listed by XY Realty | |||
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great location in the city of Bellaire ready for new built.
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| Dec 15, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed by Brock & Foster Real Estate | $419,000 | |
| Listed by Brock & Foster Real Estate | |||
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Great opportunity in prime Bellaire location. A desirable and friendly neighborhood in the City of Bellaire. On a quiet street with mature trees and new construction everywhere. Zoned to Lovett Elementary, Pershing Middle and Bellaire High. This home is ready for your renovations and updates offering tremendous potential. The extra room makes a great office space or play room overlooking the lovely, tranquil backyard. Blocks from Bellaire High, Bellaire Aquatic Center. Buy now, build later. Never flooded. Survey on file - check your lot fit in advance!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017