3102 NW 31st St
Miami, FL 33142 · single_family · For Sale · 18 days on market
Asking price$475,000
2 beds 1 baths 1,140 sqft
Suggested offer$460,925$14,075 above the est. market value of $460,925.
View on Realtor.com →Listed by Ivette Cruz · Miami International Realestate
Typesingle_family
Built1948
Price / sqft$417
Est. value (own analysis)$460,925
Rent estimate (own analysis)$2,600/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-15
Removed date—
MLSMiamiMLS #A12071823
Coordinates25.80407, -80.24644
Address3102 NW 31st St
CityMiami
StateFL
Zip33142
Listing ID5360307070
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33142)
Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/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 | $475,000 |
| Down payment (20.0%) | $95,000 |
| Loan amount | $380,000 |
| Closing costs (5.0%) | $23,750 |
| Total cash to close | $118,750 |
| Income | |
| Rent (comp-derived) | $2,600$31,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,392$28,704 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $752$9,025 |
| Insurance (est. scaled by flood & wind risk) | $507$6,080 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $130$1,560 |
| Total operating expenses | $1,389$16,665 |
| 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) | $130$1,560 |
| 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 | 2 | 1 | 872 | $2,400 | 2026-08-18 | — | |
| single_family | 2 | 2 | 1,448 | $2,750 | 2026-08-14 | — | |
| single_family | 2 | 1 | 1,512 | $2,150 | 2026-07-20 | — | |
| single_family | 2 | 1 | 1,508 | $2,600 | 2026-05-13 | — | |
| single_family | 2 | 1 | 850 | $2,600 | 2026-08-03 | — | |
| single_family | 2 | 1 | 900 | $2,400 | 2026-07-29 | — | |
| single_family | 2 | 1 | 1,342 | $3,200 | 2025-09-09 | — | |
| single_family | 2 | 1 | 1,000 | $2,225 | 2026-03-14 | — | |
| single_family | 2 | 1 | 947 | $2,150 | 2026-08-21 | — | |
| single_family | 2 | 1 | 1,352 | $3,000 | 2025-10-18 | — | |
| single_family | 2 | 2 | 1,100 | $3,200 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1810 NW 55th St | single_family | 2 | 1 | 994 | $250,000 | 2026-08-21 |
| 1745 NW 49th St | single_family | 2 | 1 | 908 | $365,000 | 2026-08-06 |
| 1485 NW 57th St | single_family | 2 | 1 | 844 | $419,000 | 2026-07-31 |
| 1844 NW 50th St | single_family | 2 | 1 | 900 | $280,000 | 2026-07-28 |
| 5224 NW 24th Ct | single_family | 2 | 1 | 624 | $220,000 | 2026-07-24 |
| 1846 NW 49th St | single_family | 2 | 1 | 860 | $480,000 | 2026-07-17 |
| 2944 NW 44th St | single_family | 2 | 1 | 1,181 | $370,000 | 2026-07-17 |
| 1431 NW 30th St | single_family | 2 | 1 | 1,026 | $405,000 | 2026-07-16 |
| 2915 NW 60th St | single_family | 2 | 1 | 672 | $364,900 | 2026-07-13 |
| 5171 NW 19th Ave | single_family | 2 | 1 | 796 | $514,000 | 2026-07-13 |
| 2156 NW 32nd St | single_family | 2 | 1 | 1,020 | $275,000 | 2026-07-09 |
| 1621 NW 55th St | single_family | 2 | 1 | 962 | $425,000 | 2026-06-09 |
| 2490 NW 59th St | single_family | 2 | 1 | 936 | $390,000 | 2026-06-09 |
| 3151 NW 59th St | single_family | 2 | 1 | 1,220 | $474,900 | 2026-06-05 |
| 1838 NW 57th St | single_family | 2 | 1 | 1,641 | $340,000 | 2026-05-29 |
| 2642 NW 24th Ave | single_family | 2 | 2 | 1,008 | $540,000 | 2026-05-22 |
| 1850 NW 53rd St | single_family | 2 | 1 | 811 | $445,360 | 2026-05-18 |
| 2655 NW 14th Ave | single_family | 2 | 1 | 762 | $305,000 | 2026-05-12 |
| 3143 NW 59th St | single_family | 2 | 1 | 540 | $330,000 | 2026-04-29 |
| 2931 NW 26th St | single_family | 2 | 2 | 950 | $410,000 | 2026-04-20 |
| 1972 NW 59th St | single_family | 2 | 2 | 624 | $235,000 | 2026-04-15 |
| 1745 NW 47th St | single_family | 2 | 1 | 1,380 | $420,000 | 2026-04-14 |
| 1748 NW 57th St | single_family | 2 | 1 | 795 | $345,000 | 2026-04-10 |
| 1249 NW 42nd St | single_family | 2 | 1 | 754 | $360,000 | 2026-04-06 |
| 2945 NW 27th St | single_family | 2 | 2 | 625 | $350,000 | 2026-04-02 |
| 3041 NW 51st St | single_family | 2 | 1 | 1,008 | $485,000 | 2026-03-27 |
| 1524 NW 24th St | single_family | 2 | 1 | 1,000 | $480,000 | 2026-03-13 |
| 3238 NW 50th St | single_family | 2 | 1 | 841 | $342,000 | 2026-03-03 |
| 3121 NW 45th St | single_family | 2 | 2 | 756 | $330,000 | 2026-03-02 |
| 1391 NW 56th St | single_family | 2 | 1 | 2,000 | $600,000 | 2026-02-09 |
| 1776 NW 43rd St | single_family | 2 | 1 | 1,410 | $345,000 | 2026-01-30 |
| 1860 NW 59th St | single_family | 2 | 1 | 638 | $366,000 | 2026-01-21 |
| 2110 NW 22nd Ct | single_family | 2 | 1 | 841 | $439,800 | 2026-01-14 |
| 1750 NW 52nd St | single_family | 2 | 1 | 981 | $350,000 | 2025-12-22 |
| 2733 NW 60th St | single_family | 2 | 1 | 1,052 | $365,200 | 2025-12-16 |
| 3319 NW 34th St | single_family | 2 | 1 | 1,175 | $275,000 | 2025-12-16 |
| 2435 NW 24th Ct | single_family | 2 | 1 | 1,467 | $625,000 | 2025-12-01 |
| 1760 NW 45th St | single_family | 2 | 1 | 1,488 | $103,000 | 2025-11-26 |
| 1843 NW 51st Ter | single_family | 2 | 2 | 942 | $405,000 | 2025-11-17 |
| 1483 NW 58th St | single_family | 2 | 2 | 940 | $385,000 | 2025-10-31 |
| 1465 NW 29th St | single_family | 2 | 1 | 932 | $420,000 | 2025-10-28 |
| 2248 NW 51st Ter | single_family | 2 | 1 | 980 | $316,000 | 2025-10-24 |
| 1304 NW 43rd St | single_family | 2 | 1 | 1,120 | $345,000 | 2025-10-24 |
| 1720 NW 30th St | single_family | 2 | 1 | 774 | $290,000 | 2025-10-24 |
| 2757 NW 29th St | single_family | 2 | 2 | 1,261 | $550,000 | 2025-10-16 |
| 2462 NW 56th St | single_family | 2 | 1 | 676 | $55,000 | 2025-10-14 |
| 1785 NW 52nd St | single_family | 2 | 1 | 946 | $280,000 | 2025-10-09 |
| 5530 NW 23rd Ave | single_family | 2 | 1 | 896 | $215,000 | 2025-10-07 |
| 1360 NW 41st St | single_family | 2 | 1 | 1,488 | $645,000 | 2025-09-26 |
| 2237 NW 58th St | single_family | 2 | 1 | 920 | $220,000 | 2025-09-18 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2340 NW 15th Ave | multi_family | 2 | 2 | 2,139 | $620,000 | — |
| 1855 NW 32nd St | single_family | 2 | 1 | 1,716 | $570,000 | — |
| 3156 NW 55th St | single_family | 2 | 1 | 464 | $339,900 | — |
| 2001 NW 51st St | single_family | 2 | 1 | 1,104 | $430,000 | — |
| 1400 NW 55th St | multi_family | 2 | 2 | 1,120 | $599,900 | — |
| 1530 NW 55th St | single_family | 2 | 1 | 792 | $429,000 | — |
| 1280 NW 51st St | single_family | 2 | 1 | 1,200 | $375,000 | — |
| 2911 NW 30th St | single_family | 2 | 1 | 728 | $400,000 | — |
10-year hold projection
IRR-0.5%
Equity multiple0.91x
Total return (10yr)$51,768
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $489,250 | $12,039 | -$18,825 | $375,880 | $113,370 |
| 2 | $503,928 | $12,484 | -$18,419 | $371,477 | $132,450 |
| 3 | $519,045 | $12,943 | -$17,999 | $366,772 | $152,274 |
| 4 | $534,617 | $13,419 | -$17,564 | $361,743 | $172,873 |
| 5 | $550,655 | $13,912 | -$17,114 | $356,370 | $194,286 |
| 6 | $567,175 | $14,421 | -$16,648 | $350,627 | $216,548 |
| 7 | $584,190 | $14,948 | -$16,165 | $344,490 | $239,700 |
| 8 | $601,716 | $15,493 | -$15,665 | $337,931 | $263,784 |
| 9 | $619,767 | $16,057 | -$15,148 | $330,922 | $288,845 |
| 10 | $638,360 | $16,640 | -$14,612 | $323,432 | $314,928 |
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.