648 E 28th St
Hialeah, FL 33013 · single_family · For Sale · 35 days on market
Asking price$610,000
3 beds 2 baths 1,155 sqft
Suggested offer$470,979$139,021 above the est. market value of $470,979.
View on Realtor.com →Listed by JUANA MARIA GONZALEZ · Results Realty Of Dade County
Typesingle_family
Built1957
Price / sqft$528
Est. value (own analysis)$470,979
Rent estimate (own analysis)$3,000/mo
HOANone
1 / 21
Show every detail
Statusfor_sale
Listed date2026-07-29
Removed date—
MLSMiamiMLS #A12062188
Coordinates25.84761, -80.26939
Address648 E 28th St
CityHialeah
StateFL
Zip33013
Listing ID5503341981
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33013)
Typical home value (ZHVI)$568,867
Typical rent (ZORI)$2,554/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 | $610,000 |
| Down payment (20.0%) | $122,000 |
| Loan amount | $488,000 |
| Closing costs (5.0%) | $30,500 |
| Total cash to close | $152,500 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $966$11,590 |
| Insurance (placeholder 0.8% of price) | $407$4,880 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,523$18,270 |
| 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) | $150$1,800 |
| 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 | 3 | 2 | 1,220 | $2,500 | 2026-06-29 | — | |
| single_family | 3 | 2 | 1,350 | $3,200 | 2026-08-26 | — | |
| single_family | 3 | 1 | 1,117 | $3,000 | 2026-06-02 | — |
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 |
|---|---|---|---|---|---|---|
| 533 E 23rd St | single_family | 3 | 2 | 1,488 | $495,000 | 2026-09-02 |
| 571 E 60th St | single_family | 3 | 2 | 960 | $550,000 | 2026-08-27 |
| 5340 E 4th Ave | single_family | 3 | 2 | 1,240 | $525,000 | 2026-08-19 |
| 6324 E 6th Ave | single_family | 3 | 2 | 1,307 | $630,000 | 2026-08-18 |
| 508 E 40th St | single_family | 3 | 2 | 1,312 | $535,000 | 2026-08-13 |
| 671 E 53rd St | single_family | 3 | 2 | 1,753 | $600,000 | 2026-08-04 |
| 415 E 52nd St | single_family | 3 | 1 | 1,002 | $378,000 | 2026-07-31 |
| 161 E 36th St | single_family | 3 | 2 | 1,040 | $545,000 | 2026-07-28 |
| 434 E 21st St | single_family | 3 | 2 | 2,156 | $700,000 | 2026-07-23 |
| 30 E 59th St | single_family | 3 | 2 | 1,803 | $660,000 | 2026-07-22 |
| 300 E 43rd St | single_family | 3 | 2 | 1,750 | $577,600 | 2026-07-14 |
| 251 E 49th St | single_family | 3 | 1 | 1,213 | $500,000 | 2026-07-09 |
| 4997 E 9th Ln | single_family | 3 | 2 | 1,985 | $425,000 | 2026-07-08 |
| 3320 E 10th Ave | single_family | 3 | 1 | 936 | $465,000 | 2026-07-08 |
| 729 E 23rd St | single_family | 3 | 2 | 1,204 | $625,000 | 2026-06-30 |
| 116 E 59th St | single_family | 3 | 2 | — | $600,000 | 2026-06-29 |
| 4318 E 8th Ct | single_family | 3 | 1 | 1,468 | $350,000 | 2026-06-19 |
| 4347 E 9th Ct | single_family | 3 | 2 | 1,000 | $500,000 | 2026-06-16 |
| 721 E 29th St | single_family | 3 | 2 | 1,656 | $420,000 | 2026-06-16 |
| 381 E 61st St | single_family | 3 | 2 | 1,486 | $555,000 | 2026-06-10 |
| 4485 E 8th Ave | single_family | 3 | 1 | 1,403 | $515,000 | 2026-06-09 |
| 775 E 31st St | single_family | 3 | 1 | 1,150 | $600,000 | 2026-06-05 |
| 61 E 39th St | single_family | 3 | 1 | 1,258 | $400,000 | 2026-06-01 |
| 667 E 20th St | single_family | 3 | 1 | 1,287 | $540,000 | 2026-05-26 |
| 661 E 30th St | single_family | 3 | 1 | 1,430 | $580,000 | 2026-05-26 |
| 141 E 52nd Pl | single_family | 3 | 1 | 1,000 | $585,000 | 2026-05-26 |
| 5190 E 8th Ln | single_family | 3 | 1 | 1,008 | $455,000 | 2026-05-22 |
| 799 E 30th St | single_family | 3 | 2 | 1,721 | $555,000 | 2026-05-13 |
| 257 E 38th St | single_family | 3 | 1 | 1,094 | $550,000 | 2026-05-11 |
| 120 E 39th St | single_family | 3 | 1 | 880 | $550,000 | 2026-05-07 |
| 5015 E Palm Ct | single_family | 3 | 1 | 1,653 | $595,000 | 2026-05-04 |
| 681 E 45th St | single_family | 3 | 1 | 1,424 | $560,000 | 2026-04-23 |
| 251 E 57th St | single_family | 3 | 1 | 1,505 | $497,000 | 2026-04-23 |
| 4990 E 1st Ave | single_family | 3 | 1 | 1,402 | $530,000 | 2026-04-21 |
| 5941 E 6th Ave | single_family | 3 | 2 | 1,308 | $649,000 | 2026-04-17 |
| 940 E 21st St | single_family | 3 | 2 | 1,309 | $559,000 | 2026-04-10 |
| 6341 E 6th Ave | single_family | 3 | 2 | 1,304 | $590,000 | 2026-04-10 |
| 67 E 63rd St | single_family | 3 | 1 | 1,078 | $370,000 | 2026-04-01 |
| 171 E 56th St | single_family | 3 | 2 | 1,343 | $600,000 | 2026-03-31 |
| 3360 E 10th Ave | single_family | 3 | 1 | 936 | $625,999 | 2026-03-11 |
| 4631 E 8th Ct | single_family | 3 | 2 | 1,000 | $535,000 | 2026-03-10 |
| 3880 E 8th Ln | single_family | 3 | 2 | 924 | $550,000 | 2026-03-10 |
| 4310 E 9th Ln | single_family | 3 | 1 | 1,025 | $440,000 | 2026-03-10 |
| 6340 E 3rd Ave | single_family | 3 | 1 | 1,579 | $230,000 | 2026-03-09 |
| 1012 E 20th St | single_family | 3 | 2 | 1,450 | $600,000 | 2026-03-06 |
| 614 E 56th St | single_family | 3 | 2 | 2,054 | $660,000 | 2026-02-20 |
| 825 E 35th St | single_family | 3 | 2 | 2,616 | $620,000 | 2026-02-10 |
| 665 E 31st St | single_family | 3 | 2 | 1,568 | $575,000 | 2026-02-03 |
| 320 E 58th St | single_family | 3 | 1 | 1,040 | $560,000 | 2026-01-16 |
| 4205 E 10th Ave | single_family | 3 | 1 | 1,670 | $680,000 | 2026-01-15 |
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 |
|---|---|---|---|---|---|---|
| 267 E 56th St | single_family | 3 | 2 | 1,235 | $579,900 | — |
| 733 E 26th St | multi_family | 3 | 2 | 1,886 | $500,000 | — |
| 4585 E 9th Ln | single_family | 3 | 1 | 1,268 | $569,900 | — |
| 50 E 44th St | single_family | 3 | 1 | 900 | $490,000 | — |
| 30 E 36th St | single_family | 3 | 2 | 1,515 | $600,000 | — |
| 3831 E 10th Ave | single_family | 3 | 2 | 1,719 | $649,000 | — |
| 367 E 46th St | single_family | 3 | 2 | 948 | $539,000 | — |
| 500 E 30th St | single_family | 3 | 2 | 2,233 | $657,000 | — |
10-year hold projection
IRR-0.8%
Equity multiple0.88x
Total return (10yr)$60,944
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $628,300 | $14,850 | -$24,582 | $482,709 | $145,591 |
| 2 | $647,149 | $15,387 | -$24,090 | $477,055 | $170,094 |
| 3 | $666,563 | $15,942 | -$23,581 | $471,012 | $195,551 |
| 4 | $686,560 | $16,516 | -$23,054 | $464,554 | $222,006 |
| 5 | $707,157 | $17,110 | -$22,509 | $457,653 | $249,504 |
| 6 | $728,372 | $17,724 | -$21,944 | $450,278 | $278,093 |
| 7 | $750,223 | $18,359 | -$21,360 | $442,397 | $307,826 |
| 8 | $772,730 | $19,016 | -$20,756 | $433,974 | $338,755 |
| 9 | $795,912 | $19,695 | -$20,130 | $424,973 | $370,938 |
| 10 | $819,789 | $20,397 | -$19,483 | $415,354 | $404,435 |
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.