12964 SW 285th Ter
Homestead, FL 33033 · single_family · For Sale · 69 days on market
Asking price$659,000
5 beds 3 baths 2,146 sqft
Suggested offer$472,687$186,313 above the est. market value of $472,687.
View on Realtor.com →Listed by Krissy Camacho · Coldwell Banker Realty
Typesingle_family
Built2012
Price / sqft$307
Est. value (own analysis)$472,687
Rent estimate (own analysis)$3,725/mo
HOANone
1 / 29
Show every detail
Statusfor_sale
Listed date2026-06-25
Removed date—
MLSMiamiMLS #A12043149
Coordinates25.50205, -80.40126
Address12964 SW 285th Ter
CityHomestead
StateFL
Zip33033
Listing ID5813058096
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33033)
Typical home value (ZHVI)$436,367
Typical rent (ZORI)$2,539/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 | $659,000 |
| Down payment (20.0%) | $131,800 |
| Loan amount | $527,200 |
| Closing costs (5.0%) | $32,950 |
| Total cash to close | $164,750 |
| Income | |
| Rent (comp-derived) | $3,725$44,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,427$41,124 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,043$12,521 |
| Insurance (placeholder 0.8% of price) | $439$5,272 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $186$2,235 |
| Total operating expenses | $1,669$20,028 |
| 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) | $186$2,235 |
| 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 | 2,258 | $2,900 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,170 | $3,100 | 2026-08-09 | — | |
| single_family | 5 | 2 | 2,063 | $2,995 | 2026-07-12 | — | |
| single_family | 5 | 4 | 2,267 | $3,750 | 2026-07-21 | — | |
| single_family | 5 | 3 | 2,693 | $3,600 | 2026-07-14 | — | |
| single_family | 5 | 4 | 2,048 | $4,000 | 2026-07-28 | — | |
| single_family | 5 | 4 | 2,878 | $5,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 2,170 | $3,949 | 2026-06-10 | — | |
| single_family | 5 | 3 | 2,504 | $3,900 | — | — | |
| single_family | 5 | 3 | 2,894 | $3,700 | 2026-06-10 | — | |
| single_family | 5 | 3 | 2,894 | $3,850 | 2026-07-07 | — | |
| single_family | 5 | 2 | 2,063 | $3,195 | — | — | |
| single_family | 5 | 3 | 2,894 | $3,700 | — | — | |
| single_family | 5 | 3 | 2,894 | $4,000 | 2026-07-01 | — |
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 |
|---|---|---|---|---|---|---|
| 159 NE 17th Ave | single_family | 5 | 3 | 2,645 | $664,000 | 2026-08-24 |
| 216 NE 36th Ter | single_family | 5 | 4 | 2,379 | $520,000 | 2026-08-21 |
| 633 SE 35th Ter | single_family | 5 | 4 | 3,196 | $640,000 | 2026-08-19 |
| 175 NE 26th Ave | single_family | 5 | 3 | 2,550 | $660,000 | 2026-08-19 |
| 29100 Alabama Rd | single_family | 5 | 3 | 1,660 | $545,000 | 2026-08-15 |
| 589 SE 34th Ter | single_family | 5 | 3 | 2,492 | $530,000 | 2026-08-10 |
| 4113 NE 22nd Ln | single_family | 5 | 3 | 2,494 | $538,500 | 2026-08-04 |
| 144 NE 32nd Ter | single_family | 5 | 3 | 3,276 | $630,000 | 2026-07-27 |
| 133 NE 23rd Ter | single_family | 5 | 2 | 2,504 | $495,000 | 2026-07-21 |
| 15260 SW 308th St | single_family | 5 | 3 | 1,477 | $545,000 | 2026-07-15 |
| 1884 NE 1st St | single_family | 5 | 3 | 2,583 | $634,900 | 2026-07-14 |
| 1147 NE 37th Pl | single_family | 5 | 3 | 2,726 | $620,000 | 2026-07-13 |
| 13383 SW 285th St | single_family | 5 | 3 | 3,252 | $670,000 | 2026-07-01 |
| 1517 NE 2nd Ct | single_family | 5 | 3 | — | $637,000 | 2026-06-30 |
| 126 NE 27th Ter | single_family | 5 | 2 | 1,952 | $585,000 | 2026-06-29 |
| 29925 SW 149th Ct | single_family | 5 | 3 | 2,604 | $515,000 | 2026-06-29 |
| 347 NE 34th Ter | single_family | 5 | 3 | 2,170 | $475,000 | 2026-06-26 |
| 3951 NE 13th Dr | single_family | 5 | 3 | 2,065 | $498,000 | 2026-06-26 |
| 30365 SW 152nd Ct | single_family | 5 | 3 | 2,656 | $620,000 | 2026-06-25 |
| 1633 NE 2nd Ct | single_family | 5 | 4 | 2,878 | $685,000 | 2026-06-22 |
| 627 SE 34th Ave | single_family | 5 | 2 | 2,492 | $495,000 | 2026-06-10 |
| 1636 SE 7th Ct | single_family | 5 | 3 | 2,499 | $621,000 | 2026-05-29 |
| 1661 NE 2nd Ct | single_family | 5 | 3 | 2,645 | $635,000 | 2026-05-29 |
| 177 NE 17th Ave | single_family | 5 | 4 | 2,878 | $671,000 | 2026-05-28 |
| 1679 NE 2nd Ct | single_family | 5 | 4 | 2,878 | $672,000 | 2026-05-28 |
| 3455 NE 1st St | single_family | 5 | 3 | 2,835 | $620,000 | 2026-05-27 |
| 15042 SW 297th Ter | single_family | 5 | 2 | 2,270 | $500,000 | 2026-05-27 |
| 148 NE 24th Ave | single_family | 5 | 2 | 2,504 | $515,000 | 2026-05-27 |
| 2872 NE 1st Dr | single_family | 5 | 3 | 2,536 | $525,000 | 2026-05-18 |
| 415 SE 34th Ter | single_family | 5 | 3 | 2,916 | $599,000 | 2026-05-11 |
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 |
|---|---|---|---|---|---|---|
| 3449 NE 2nd St | single_family | 5 | 3 | 2,514 | $389,000 | — |
| 3477 SE 3rd St | single_family | 5 | 4 | 3,196 | $547,500 | — |
| 28565 SW 158th Ct | single_family | 5 | 3 | 2,832 | $899,000 | — |
| 1361 NE 42nd Ave | single_family | 5 | 3 | 2,753 | $480,000 | — |
| 125 SE 36th Pl | single_family | 5 | 4 | 3,196 | $675,000 | — |
| 3424 NE 1st St | single_family | 5 | 3 | 2,835 | $628,900 | — |
| 16040 SW 283rd St | single_family | 5 | 3 | 2,963 | $665,000 | — |
| 4120 NE 22nd Ct | single_family | 5 | 3 | 2,024 | $490,000 | — |
10-year hold projection
IRR1.3%
Equity multiple1.21x
Total return (10yr)$120,590
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $678,770 | $21,096 | -$21,794 | $521,484 | $157,286 |
| 2 | $699,133 | $21,829 | -$21,117 | $515,375 | $183,758 |
| 3 | $720,107 | $22,587 | -$20,417 | $508,847 | $211,260 |
| 4 | $741,710 | $23,369 | -$19,693 | $501,871 | $239,839 |
| 5 | $763,962 | $24,178 | -$18,944 | $494,416 | $269,546 |
| 6 | $786,880 | $25,014 | -$18,170 | $486,448 | $300,432 |
| 7 | $810,487 | $25,878 | -$17,369 | $477,934 | $332,553 |
| 8 | $834,801 | $26,770 | -$16,542 | $468,835 | $365,967 |
| 9 | $859,846 | $27,692 | -$15,686 | $459,111 | $400,735 |
| 10 | $885,641 | $28,645 | -$14,801 | $448,719 | $436,922 |
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.