437 NE 107th St
Miami, FL 33161 · single_family · For Sale · 121 days on market
Asking price$1,150,000
6 beds 4 baths 2,360 sqft
Suggested offer$1,115,525$34,475 above the est. market value of $1,115,525.
View on Realtor.com →Listed by Efren Grafals · Keller Williams Realty Miami Portfolio Collection
Typesingle_family
Built—
Price / sqft$487
Est. value (own analysis)$1,115,525
Rent estimate (own analysis)$25,500/mo
HOANone
1 / 37
⚠ Cap rate of 21.0% is above the 20% sanity ceiling — verify the underlying price, rent, and expense data before trusting this. Cash-on-cash return of 54.1% is above the 50% sanity ceiling for a standard buy-and-hold — verify inputs before trusting this.
Show every detail
Statusfor_sale
Listed date2026-05-04
Removed date—
MLSMiamiMLS #A12011263
Coordinates25.87387, -80.18909
Address437 NE 107th St
CityMiami
StateFL
Zip33161
Listing ID5591103886
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33161)
Typical home value (ZHVI)$498,596
Typical rent (ZORI)$2,323/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 | $1,150,000 |
| Down payment (20.0%) | $230,000 |
| Loan amount | $920,000 |
| Closing costs (5.0%) | $57,500 |
| Total cash to close | $287,500 |
| Income | |
| Rent (comp-derived) | $25,500$306,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $23,460$281,520 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $1,271$15,256 |
| Insurance (placeholder 0.8% of price) | $767$9,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,275$15,300 |
| Total operating expenses | $3,313$39,756 |
| 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) | $1,275$15,300 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 4 | 3,500 | $17,000 | 2026-08-13 | — | |
| single_family | 6 | 5 | 3,462 | $16,500 | 2026-08-07 | — | |
| single_family | 6 | 7 | 5,712 | $65,000 | 2026-07-01 | — | |
| single_family | 6 | 3 | 1,854 | $5,300 | 2026-08-26 | — | |
| single_family | 6 | 5 | 4,432 | $29,500 | 2026-06-17 | — | |
| single_family | 6 | 7 | 3,603 | $26,000 | 2026-05-07 | — | |
| single_family | 6 | 7 | 5,125 | $14,000 | 2026-04-27 | — | |
| single_family | 6 | 8 | 5,568 | $58,500 | 2026-04-15 | — | |
| single_family | 6 | 7 | 5,697 | $25,000 | 2024-03-30 | — | |
| single_family | 6 | 5 | 3,446 | $30,000 | 2023-02-13 | — | |
| single_family | 6 | 5 | 4,200 | $17,000 | 2026-03-31 | — | |
| single_family | 6 | 6 | 5,324 | $30,000 | 2025-10-07 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 101 NE 110th St | single_family | 3 | 2 | 1,691 | $1,115,000 | 2026-08-31 |
| 1390 NE 129th St | single_family | 2 | 2 | 1,290 | $460,000 | 2026-08-31 |
| 1390 NE 150th St | single_family | 3 | 2 | 900 | $510,000 | 2026-08-28 |
| 11534 NE 13th Ave | single_family | 3 | 2 | 1,662 | $700,000 | 2026-08-28 |
| 205 NE 123rd St | single_family | 4 | 3 | 2,601 | $1,000,000 | 2026-08-28 |
| 190 NE 121st Ter | single_family | 3 | 2 | 1,872 | $540,000 | 2026-08-27 |
| 50 NE 110th St | single_family | 3 | 2 | 1,822 | $1,240,000 | 2026-08-26 |
| 351 NE 117th St | single_family | 3 | 2 | 1,371 | $750,000 | 2026-08-26 |
| 1075 NE 120th St | single_family | 3 | 1 | 816 | $907,000 | 2026-08-26 |
| 870 NE 144th St | single_family | 3 | 2 | 1,282 | $550,000 | 2026-08-17 |
| 101 NE 107th St | single_family | 2 | 1 | 1,253 | $975,000 | 2026-08-14 |
| 11780 NE 8th Ave | single_family | 4 | 5 | 2,887 | $2,640,000 | 2026-08-14 |
| 11410 NE 13th Ave | single_family | 4 | 2 | 1,679 | $420,000 | 2026-08-14 |
| 700 NE 118th St | single_family | 3 | 2 | 1,800 | $800,000 | 2026-08-13 |
| 730 NE 116th St | single_family | 3 | 4 | 2,789 | $1,399,000 | 2026-08-13 |
| 649 NE 117th St | single_family | 4 | 4 | 3,465 | $4,150,000 | 2026-08-12 |
| 1008 NE 114th St | single_family | 2 | 1 | 992 | $4,500,000 | 2026-08-11 |
| 12660 Griffing Blvd | single_family | 3 | 2 | 1,954 | $870,000 | 2026-08-11 |
| 1335 NE 133rd St | single_family | 3 | 1 | 1,387 | $710,000 | 2026-08-06 |
| 1315 NE 130th St | single_family | 2 | 1 | 1,330 | $619,900 | 2026-08-06 |
| 842 NE 117th St | single_family | 3 | 2 | 1,668 | $712,500 | 2026-08-06 |
| 11402 NE 8th Ct | single_family | 0 | — | 2,912 | $1,025,000 | 2026-08-05 |
| 560 NE 110th Ter | single_family | 3 | 3 | 1,490 | $695,000 | 2026-08-05 |
| 980 NE 146th St | single_family | 4 | 2 | 1,565 | $550,000 | 2026-07-29 |
| 286 NE 107th St | single_family | 3 | 2 | 2,030 | $1,080,000 | 2026-07-28 |
| 14 NE 108th St | single_family | 2 | 2 | 1,519 | $895,000 | 2026-07-27 |
| 1080 NE 145th St | single_family | 3 | 1 | 1,330 | $530,000 | 2026-07-27 |
| 936 NE 128th St | single_family | 2 | 2 | 1,623 | $975,000 | 2026-07-24 |
| 1100 NE 129th St | single_family | 3 | 2 | 2,050 | $440,000 | 2026-07-24 |
| 14950 NE 2nd Ave | single_family | 5 | 3 | 1,991 | $750,000 | 2026-07-24 |
| 73 NE 110th St | single_family | 2 | 2 | 1,588 | $820,000 | 2026-07-22 |
| 1480 NE 150th St | single_family | 4 | 2 | 1,044 | $530,000 | 2026-07-21 |
| 12630 NE Miami Pl | single_family | 4 | 3 | 2,360 | $830,000 | 2026-07-21 |
| 955 NE 128th St | single_family | 3 | 1 | 1,421 | $620,000 | 2026-07-20 |
| 895 NE 129th St | single_family | 3 | 1 | 1,245 | $655,000 | 2026-07-20 |
| 13550 S Biscayne River Rd | single_family | 4 | 2 | 1,932 | $1,140,000 | 2026-07-17 |
| 665 NE 117th St | single_family | 3 | 2 | 2,460 | $1,225,000 | 2026-07-15 |
| 1240 NE 131st St | single_family | 3 | 2 | 1,431 | $557,000 | 2026-07-15 |
| 2 NE 110th St | single_family | 3 | 2 | 2,056 | $920,000 | 2026-07-15 |
| 725 NE 144th St | single_family | 3 | 2 | 2,182 | $630,000 | 2026-07-13 |
| 1375 NE 130th St | single_family | 3 | 2 | 1,138 | $545,000 | 2026-07-10 |
| 120 NE 123rd St | single_family | 3 | 2 | 1,633 | $575,000 | 2026-07-09 |
| 530 NE 132nd Ter | single_family | 2 | 2 | 1,086 | $376,000 | 2026-07-08 |
| 10821 NE 5th Ave | single_family | 2 | 1 | 1,032 | $550,000 | 2026-07-07 |
| 11932 NE 8th Ave | single_family | 2 | 2 | 1,491 | $1,245,000 | 2026-07-06 |
| 470 NE 110th St | single_family | 2 | 1 | 1,192 | $690,000 | 2026-07-06 |
| 270 NE 123rd St | single_family | 4 | 2 | 1,952 | $852,500 | 2026-06-30 |
| 269 NE 110th Ter | single_family | 3 | 2 | 1,452 | $540,000 | 2026-06-30 |
| 11400 NE 9th Ave | single_family | 3 | 2 | 1,761 | $1,010,000 | 2026-06-29 |
| 1110 NE 130th St | single_family | 3 | 2 | 1,369 | $722,000 | 2026-06-26 |
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 |
|---|---|---|---|---|---|---|
| 335 NE 114th St | multi_family | 6 | 4 | 1,881 | $850,000 | — |
| 13980 NE 2nd Ct | multi_family | 6 | 6 | 905 | $1,100,000 | — |
| 259 NE 111th St | multi_family | 6 | 4 | 1,762 | $679,000 | — |
| 14760 S Spur Dr | single_family | 6 | 3 | 1,970 | $899,849 | — |
| 1563 NE 148th St | multi_family | 6 | 4 | 2,670 | $660,000 | — |
| 11515 NE 12th Ave | multi_family | 6 | 2 | 2,331 | $880,000 | — |
| 14801-03 NE 7th Ave | multi_family | 6 | 4 | 2,356 | $680,000 | — |
| 14155 NE 14th Ave | multi_family | 6 | 3 | 2,304 | $675,000 | — |
10-year hold projection
IRR59.0%
Equity multiple8.94x
Total return (10yr)$2,433,497
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,184,500 | $241,764 | $155,518 | $910,025 | $274,475 |
| 2 | $1,220,035 | $249,216 | $162,587 | $899,365 | $320,670 |
| 3 | $1,256,636 | $256,896 | $169,875 | $887,973 | $368,663 |
| 4 | $1,294,335 | $264,812 | $177,389 | $875,799 | $418,536 |
| 5 | $1,333,165 | $272,970 | $185,136 | $862,789 | $470,376 |
| 6 | $1,373,160 | $281,379 | $193,122 | $848,885 | $524,275 |
| 7 | $1,414,355 | $290,045 | $201,355 | $834,027 | $580,328 |
| 8 | $1,456,786 | $298,977 | $209,844 | $818,148 | $638,637 |
| 9 | $1,500,489 | $308,182 | $218,595 | $801,179 | $699,310 |
| 10 | $1,545,504 | $317,670 | $227,616 | $783,045 | $762,459 |
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.