Active · Townhouse
$249,000
1017 NE 42nd Pl, Homestead, FL 33033
- Beds
- 2
- Baths
- 2
- Living area
- 1,046 sq ft
- $ / sq ft
- $238/sq ft
- Year built
- 2006
- Lot size
- —
- HOA fee
- $157 Monthly
- Annual tax
- $6,104
About this property
Short Sale Opportunity! Welcome to this beautifully maintained one-story corner townhome located in the desirable gated community of Marbella Bay at Waterstone in Homestead. This bright and spacious 2-bedroom, 2-bathroom home features a desirable split-bedroom floor plan, abundant natural light, tile flooring throughout, stainless steel appliances, a large washer and dryer, and hurricane accordion shutters for added peace of mind. Enjoy a private fenced backyard with no rear neighbors, offering additional privacy and a relaxing outdoor space. The corner location provides enhanced curb appeal and extra green space. The property includes two assigned parking spaces and is conveniently located near multiple Florida Turnpike entrances, shopping centers, restaurants, parks, and top-rated charter schools. Residents enjoy access to Waterstone's amenities, including a community pool, fitness center, playgrounds, walking paths, and beautifully maintained common areas. Property is being sold as a Short Sale. Sale, Subject to lender approval. Don't miss this opportunity to own a home in one of Homestead's most sought-after gated communities.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Disposal
- Refrigerator
Cooling
- Electric
Heating
- Central
- Electric
Views
- None
- Other
Parking
- Assigned
- Two Or More Spaces
Interior features
- Bedroom On Main Level
- Bathtub
- First Floor Entry
- Handicap Access
- Living Dining Room
- Main Level Primary
- Tub Shower
Exterior features
- Storm Security Shutters
Pool
- Association
Flooring
- Ceramic Tile
construction
- CBSConcrete Block Structure
- Block
security
- Complex Fenced
association_amenities
- Clubhouse
- Fitness Center
- Playground
- Pool
association_fee_includes
- Amenities
- Maintenance Structure
- Pools
- Recreation Facilities
- Security
- Trash
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
$320
- Cap rate
- 7.2%
- Net yield
- 7.2%
- Cash-on-cash return
- 5.5%
- Gross yield
- 12.4%
- Mortgage payment
- $1,180/mo
- Down payment
- $62,250
- Loan amount
- $186,750
- Annual NOI
- $18,003
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.