Interior
- Bedrooms
- 5
- Bathrooms
- 2
Active · SingleFamilyResidence
$600,000
1490 NW 8th St, Homestead, FL 33030
- Beds
- 5
- Baths
- 2
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1952
- Lot size
- 17,424 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Redland Area in Homestead 17,400 sq. ft. tropical oasis. Unique dual home opportunity in the Redlands area of Homestead. With huge residential development in Homestead, land is quickly becoming scarce and unavailable. Two homes sit on this beautiful .4o acre property, offering excellent potential for multigenerational living or income-producing opportunities. The main home features 3 bedrooms and 1 full bathroom, providing comfortable living spaces filled with natural light in a functional layout ideal for everyday living. The kitchen offers ample cabinetry and workspace, while the living areas create a warm and inviting atmosphere for relaxing or entertaining. *** New Roof in 2023. *** The second home offers 2 bedrooms and 1 bathroom, making it perfect for extended family, guests, or rental income.
Property location
Get Directions1490 NW 8th St, Homestead, FL 33030
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1952
- Lot size
- 17,424 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A12002984
- 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
-$1,174
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $2,844/mo
- Down payment
- $150,000
- Loan amount
- $450,000
- Annual NOI
- $20,040
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.