961 E 32nd St, Hialeah, FL 33013 — MLS photo

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961 E 32nd St, Hialeah, FL 33013

Active · SingleFamilyResidence

$759,000

961 E 32nd St, Hialeah, FL 33013

Beds
4
Baths
3
Living area
2,097 sq ft
$ / sq ft
$362/sq ft
Year built
1950
Lot size
8,160 sq ft
HOA fee
—
Annual tax
—

About this property

Great opportunity to invest in the City of Hialeah. The home is located within the T.O.D. transit-oriented development Zone and is conveniently located near the Tri-Rail station, next to several future major developments. For example, MG Developer's future Metro Parc Hialeah, a three-tower, multi-family, 10-story residential mixed-use apartment project, has over 1,600 luxurious rental units. Strategic Properties & Continua Developments' future Midtown Park 8-story residential apartment project with over 612 luxurious rental units. The Bec Group 1025 Metro & 1067 Motion 10-story residential mixed-use apartment project with over 283 luxurious units. Lot size is 9,551 with great growth potential. Perfect for an investor looking to position themselves in a redeveloping city.

Property location

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961 E 32nd St, Hialeah, FL 33013

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,097 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Lot size
8,160 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11690185
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$33

Cap rate
5.7%
Net yield
5.7%
Cash-on-cash return
0.2%
Gross yield
9.3%
Mortgage payment
$3,598/mo
Down payment
$189,750
Loan amount
$569,250
Annual NOI
$43,576

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.