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$128,000
● Townhouse - Off Market

#518

Miami Gardens, FL
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,419 Ft²
$244,900
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

BANK FORECLOSURE NEEDS WORK. 3 BED 2 BATH. SOLD AS-IS  Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JP Morgan Chase Bank, N.A.
Unit Size
1,419 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
Townhouse
Property Taxes
$76
HOA Dues
$289
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #F1292787)

Price History

Date / Event Date Event Price
Jul 10, 2014 Sold
Premium
Sold
Jun 2, 2014 Listed by Bayside REO $132,000
Listed by Bayside REO

Property Highlights

Parking Details
Parking Features: Open Space Parking
Interior Details
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Other Interior Features
Appliances: Other Equipment/Appliances
Flooring Type: Carpeted Floors, Tile Floors
Exterior Details
Listing Terms: Cash Only
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $910
Tax Year: 2013
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: MAJORICA ISLES II
HOA Details
HOA Fee: $289 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
BEACHES

Listed by: James Goetz
Bayside REO
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1292787
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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