12021 SW 191st St
About This Property
The manager has listed the unit size as 3220 square feet.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 30, 2023 | Sold to Fayi Wu, Xianhui Li | $565,000 | |
Sold to Fayi Wu, Xianhui Li | |||
Aug 25, 2023 | No longer available | - | |
No longer available | |||
Jul 21, 2023 | In contract | - | |
In contract | |||
Jul 9, 2023 | Price Decreased |
$575,000
↓ $24K
(4%) | |
Price Decreased | |||
Apr 27, 2023 | Listed | $599,000 | |
Listed |
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About South Miami Heights
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