6870 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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Professional Realty Services | $1,399,998 | |
| Listed by Professional Realty Services | |||
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This beautiful 5Br, 3Ba home located in the Aviara neighborhood of Viadana is an entertainer’s dream! Sitting on a lushly landscaped corner lot in a beautiful neighborhood this house has so much to offer. Custom entry glass door open to high ceilings, lots of light, real Cherrywood hardwood floors and elegant crown molding. Both the living room & family room feature gas fireplaces with inserts. The dramatic dining room has a beautiful chandelier and double doors overlooking a gorgeous fountain. Full bed & bath downstairs great for guest or nanny. The owners’ suite features a huge bedroom and bath with 2 counters (one with vanity), tub, and an extra-large walk in closet. 3 more bedrooms and the conveniently located laundry room compete the upstairs. Downstairs you’ll find a kitchen that’s a chef’s dream featuring a large island, cabinets galore with pullout shelves, Sub Zero fridge, dual ovens, and lots of countertop space. New alarm system in addition to one space in the tandem garage was converted to a room with storage cabinets on both sides making it perfect for your crafts, playroom for the kids, or extra space. (Not sure if 11x15ft room is included in total esf). The backyard features a spa and pool with waterfall, outdoor gathering space by a fireplace, and backyard privacy. Pool heater only a year new. Situated perfectly for morning sun, and in the afternoon you have your choice of both sun and shade while next to the pool! There’s even a secret garden on the side of the house that makes the perfect place to quietly enjoy your home. While you enjoy being “tucked away from it all” this home is located just blocks from movie theater, post office, library, groceries and restaurants, and only a few miles from the beach! What more could you ask for?
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| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 15, 2017 | Listed by Willis Allen Real Estate | $1,100,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017