3532 NW 4th Ter
Miami, FL 33125 · multi_family · For Sale · 92 days on market
Asking price$690,000
4 beds 2 baths 1,868 sqft
Suggested offer$573,401$116,599 above the est. market value of $573,401.
View on Realtor.com →Listed by Christopher Carbonell · Fausto Commercial Realty Consultants Inc
Typemulti_family
Built1964
Price / sqft$369
Est. value (own analysis)$573,401
Rent estimate (building total, own analysis)$5,342/mo
HOANone
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Statusfor_sale
Listed date2026-06-02
Removed date—
MLSMiamiMLS #A12029712
Coordinates25.77671, -80.25333
Address3532 NW 4th Ter
CityMiami
StateFL
Zip33125
Listing ID5592944591
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $690,000 |
| Down payment (20.0%) | $138,000 |
| Loan amount | $552,000 |
| Closing costs (5.0%) | $34,500 |
| Total cash to close | $172,500 |
| Income | |
| Rent (estimate) | $5,342$64,110 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,915$58,981 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,093$13,110 |
| Insurance (placeholder 0.8% of price) | $460$5,520 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $267$3,205 |
| Total operating expenses | $1,820$21,835 |
| 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) | $267$3,205 |
| 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 |
|---|---|---|---|---|---|---|---|
| multi_family | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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 |
|---|---|---|---|---|---|---|
| 460 NW 25th Ct | multi_family | 4 | 2 | 1,584 | $424,000 | 2026-08-12 |
| 1851 NW 22nd Ct | multi_family | 4 | 4 | 1,995 | $570,000 | 2026-07-07 |
| 1397 NW 28th Ave | multi_family | 4 | 4 | 3,184 | $900,000 | 2026-06-01 |
| 1342 NW 1st St | multi_family | 4 | 2 | 1,950 | $640,000 | 2026-05-27 |
| 1361 NW 6th St | multi_family | 4 | 3 | 1,992 | $1,413,000 | 2026-03-05 |
| 954 NW 34th Ave | multi_family | 4 | 4 | 2,066 | $805,000 | 2026-02-26 |
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 |
|---|---|---|---|---|---|---|
| 201 NW 25th Ave | single_family | 4 | 2 | 2,085 | $700,000 | — |
| 3536 NW 14th Ter | single_family | 4 | 3 | 1,760 | $785,000 | — |
| 1442 NW 2nd St | single_family | 4 | 2 | 1,598 | $5,000,000 | — |
| 21 NW 32nd Ct | multi_family | 4 | 2 | 1,680 | $799,999 | — |
| 1888 NW 18th St | multi_family | 4 | 2 | 1,366 | $480,000 | — |
| 112 NW 24th Ct | single_family | 4 | 3 | — | $1,200,000 | — |
| 1600 NW 29th Ave | single_family | 4 | 2 | 1,448 | $620,000 | — |
| 2323 NW 1st St | single_family | 4 | 3 | 1,950 | $679,999 | — |
10-year hold projection
IRR7.3%
Equity multiple2.16x
Total return (10yr)$289,406
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $710,700 | $37,145 | -$8,628 | $546,015 | $164,685 |
| 2 | $732,021 | $38,369 | -$7,484 | $539,619 | $192,402 |
| 3 | $753,982 | $39,632 | -$6,303 | $532,784 | $221,198 |
| 4 | $776,601 | $40,936 | -$5,084 | $525,480 | $251,121 |
| 5 | $799,899 | $42,281 | -$3,825 | $517,674 | $282,226 |
| 6 | $823,896 | $43,670 | -$2,524 | $509,331 | $314,565 |
| 7 | $848,613 | $45,104 | -$1,181 | $500,416 | $348,197 |
| 8 | $874,071 | $46,584 | $206 | $490,889 | $383,182 |
| 9 | $900,294 | $48,111 | $1,638 | $480,708 | $419,586 |
| 10 | $927,302 | $49,687 | $3,116 | $469,827 | $457,475 |
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.