Listed by Erika Hoffmann · One Sotheby's International Realty
Typesingle_family
Built1994
Price / sqft$847
Est. value (own analysis)$1,710,031
Rent estimate (own analysis)$15,480/mo
HOA$1,300/mo
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Statusfor_sale
Listed date2026-06-10
Removed date—
MLSMiamiMLS #A12034811
Coordinates25.96031, -80.12995
Address19941 NE 36th Pl
CityAventura
StateFL
Zip33180
Listing ID5001794182
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33180)
Typical home value (ZHVI)$463,036
Typical rent (ZORI)$3,210/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
Acquisition (one-time, not monthly/yearly)
Purchase price
$2,975,000
Down payment (20.0%)
$595,000
Loan amount
$2,380,000
Closing costs (5.0%)
$148,750
Total cash to close
$743,750
Income
Rent (comp-derived)
$15,480$185,760
Vacancy loss (8.0%)
Effective gross income
$14,242$170,899
Operating expenses
Property tax (placeholder 1.9% of price)
$4,710$56,525
Insurance (placeholder 0.8% of price)
$1,983$23,800
HOA dues
$1,300$15,600
Management (0.0% of EGI)
$0$0
Maintenance (5.0% of GSR)
$774$9,288
Total operating expenses
$8,768$105,213
Net operating income (NOI)
Debt service & reserves
Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)
CapEx reserve (5.0% of GSR)
$774$9,288
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)
$0$0
Cash flow
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
Address
Type
Beds
Baths
Sqft
Asking rent
Listed
Days on market
single_family
5
3
2,455
$6,400
2026-05-29
—
single_family
5
6
3,115
$30,000
2026-01-12
—
single_family
5
5
3,313
$15,480
2026-08-03
—
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.