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$40,000
● House - Off Market

Opa-Locka, FL
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,203 Ft²
$166,229
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

THIS IS A SHORT SALE. 3 BED / 2 BATH SINGLE FAMILY HOME.
Unit Size
1,203 Ft²
Days on Market
-
Land Size
-
Price per sqft
$62
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

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

Last updated: 3 years ago (Beaches MLS #H884937)

Price History

Date / Event Date Event Price
Aug 24, 2011 Sold
Premium
Sold
Feb 18, 2011 Listed by Beachfront Realty Inc. $75,000
Listed by Beachfront Realty Inc.

Property Highlights

Parking Details
Parking Features: Other Parking
Interior Details
Full Bathrooms: 2
Interior Features: Other Interior Features
Appliances: Refrigerator
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Conventional
Construction Type: Cbs Construction
Exterior Features: Patio
Lot Features: Less Than 1/4 Acre Lot
Financial Details
Total Taxes: $2,475
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: No Heat
Cooling Type: No Cooling
Sewer Septic: Municipal Sewer
Location Details
Front Exposure: South
Subdivision Information: No Subdiv/Park Info
Subdivision Complex Building: OPA LOCKA PLAT NO 3
Water Description: Municipal Water
Zoning Information: 63/COMME

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

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Currently no similar homes around
BEACHES

Listed by: Rosanne Castellanos
Beachfront Realty Inc.
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H884937
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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