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7585 Mimosa Avenue
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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2022 | Listed by Denovo Realty | $379,900 | |
| Listed by Denovo Realty | |||
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*SELLER WILL CONTRIBUTE UP TO 5K WITH A GOOD OFFER*
Gorgeous pool home in sought-after west Melbourne. This home has a new roof, new A/C, new hot water heater, new duct work, and is also re-plumbed. Other features include new vinyl flooring throughout, recess lighting, granite countertops, new cabinets and new stainless-steel appliances. A breakfast bar overlooks the living room with a wood-burning fireplace ready to create cozy nights. Close to shopping, entertainment, parks, great schools and allows for easy access to 95.
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| Sep 20, 2022 | No longer available | - | |
| No longer available | |||
| Sep 1, 2022 | Listed by Blue Marlin Real Estate | $424,900 | |
| Listed by Blue Marlin Real Estate | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017