12237 SW 193rd St
About This Property
LIVE IN THE MAIN HOME AND RENT THE STUDIO AND APARTMENT. THE COMMUNITY HAS EASY ACCESS TO NEARBY STORES, TOP SCHOOLS, RESTAURANTS, AND PARKS. PATIO WITH PLENTY OF ROOM FOR A BOAT OR RV.
PROPERTY ROOF, A/C, AND WATER HEATER HAVE BEEN REPLACED WITHIN THE PAST 4 YEARS.
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Cap Rate Calculator
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 |
---|---|---|---|
Sep 28, 2023 | Sold to Maria A Morales | $545,600 | |
Sold to Maria A Morales | |||
Aug 22, 2023 | In contract | - | |
In contract | |||
Jun 1, 2023 | Listed by The Keyes Company | $550,000 | |
Listed by The Keyes Company | |||
Aug 18, 2003 | Sold to Lincoln H Ruiz | $142,500 | |
Sold to Lincoln H Ruiz |
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About South Miami Heights
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