Active · SingleFamilyResidence

$680,000

Miami, FL 33126

Beds: 3
Baths: 2
Living area: 1,698 sq ft
$ / sq ft: $400/sq ft
Year built: 1985
Lot size: 4,829 sq ft
HOA fee: —
Annual tax: $1,448

About this property

LOCATION! LOCATION! LOCATION! This corner, 1 story home has 3 spacious bedrooms, 2 bathrooms, a familyroom, spacious kitchen, and a separate laundryroom. The roof, ac and water heater have been replaced, and the fence around the property was also replaced to a durable aluminium fence. The front bedroom can easily be an in-law quarters with its separate entrance for extra income. There is also a shed available for storage. This home needs some updates but it has the space to turn it into your dream home.

Property location

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Miami, FL 33126

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,698 sq ft
Flooring: Ceramic Tile, Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Washer
Cooling: Central Air
Heating: Central, Electric
Interior features: Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1985
Lot size: 4,829 sq ft
Architectural style: Detached, One Story
Roof: Barrel
Construction: Brick, CBSConcrete Block Structure, Block, Stucco
Exterior features: Fence, Shed
Pool: None
View: Other

Parking

Garage spaces: 2
Covered spaces: 2
Parking features: Driveway, On Street

HOA, Community & Financials

Annual tax: $1,448
Subdivision: W FLAGLER PK
County: Miami-Dade
Days on market: 3
MLS listing ID: A12122124
Listing status: Active

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Estimated monthly cash flow

$693

Cap rate: 6.9%
Net yield: 6.9%
Cash-on-cash return: 4.4%
Gross yield: 8.7%
Mortgage payment: $3,224/mo
Down payment: $170,000
Loan amount: $510,000
Annual NOI: $46,993

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