935 NE 149th St
Miami, FL 33161 · single_family · For Sale · 37 days on market
Asking price$1,350,000
5 beds 4 baths 2,800 sqft
Suggested offer$1,054,746$295,254 above the est. market value of $1,054,746.
View on Realtor.com →Listed by Carlota Fonseca · Ng International Realty Llc
Typesingle_family
Built1956
Price / sqft$482
Est. value (own analysis)$1,054,746
Rent estimate (own analysis)$12,000/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-27
Removed date—
MLSMiamiMLS #A12060447
Coordinates25.91262, -80.18086
Address935 NE 149th St
CityMiami
StateFL
Zip33161
Listing ID5834802455
Sourceus-real-estate-listings, cached 2026-09-01
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 | $1,350,000 |
| Down payment (20.0%) | $270,000 |
| Loan amount | $1,080,000 |
| Closing costs (5.0%) | $67,500 |
| Total cash to close | $337,500 |
| Income | |
| Rent (comp-derived) | $12,000$144,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $11,040$132,480 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,138$25,650 |
| Insurance (est. scaled by flood & wind risk) | $1,755$21,060 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $600$7,200 |
| Total operating expenses | $4,493$53,910 |
| 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) | $600$7,200 |
| 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 | 4 | 2,104 | $9,250 | 2026-05-08 | — | |
| single_family | 5 | 3 | 2,572 | $14,000 | 2026-06-29 | — | |
| single_family | 5 | 3 | 2,936 | $12,000 | — | — | |
| single_family | 5 | 3 | 2,936 | $12,000 | 2026-07-30 | — |
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 |
|---|---|---|---|---|---|---|
| 14950 NE 2nd Ave | single_family | 5 | 3 | 1,991 | $750,000 | 2026-07-24 |
| 1140 NE 139th St | single_family | 5 | 3 | — | $740,000 | 2026-06-12 |
| 10760 NE 3rd Ave | single_family | 5 | 2 | 3,823 | $1,750,000 | 2026-04-24 |
| 11975 W Biscayne Canal Rd | single_family | 5 | 3 | 1,600 | $1,585,000 | 2026-04-23 |
| 14400 NE 4th Ave | single_family | 5 | 4 | 2,122 | $1,150,000 | 2026-04-13 |
| 545 NE 111th St | single_family | 5 | 3 | 1,570 | $540,000 | 2026-03-26 |
| 290 NE 108th St | single_family | 5 | 6 | 4,561 | $1,060,000 | 2026-02-10 |
| 12905 NE 4th Ave | single_family | 5 | 2 | 2,366 | $725,000 | 2025-11-20 |
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 |
|---|---|---|---|---|---|---|
| 1286 NE 110th St | multi_family | 5 | 2 | 1,868 | $750,000 | — |
| 1290 NE 110th St | multi_family | 5 | 2 | 1,882 | $750,000 | — |
| 430 NE 145th St | single_family | 5 | 3 | 2,180 | $779,000 | — |
| 348 NE 117th St | single_family | 5 | 3 | 2,513 | $1,385,000 | — |
| multi_family | 5 | 3 | — | $1,100,000 | — | |
| 161 NE 117th St | multi_family | 5 | 3 | 2,138 | $825,000 | — |
| 1053 NE 149th St | single_family | 5 | 5 | 600 | $449,000 | — |
| 1230 NE 148th St | multi_family | 5 | 3 | 1,920 | $685,000 | — |
10-year hold projection
IRR8.5%
Equity multiple2.33x
Total return (10yr)$626,312
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,390,500 | $78,570 | -$11,914 | $1,068,290 | $322,210 |
| 2 | $1,432,215 | $81,197 | -$9,468 | $1,055,777 | $376,438 |
| 3 | $1,475,181 | $83,909 | -$6,940 | $1,042,404 | $432,778 |
| 4 | $1,519,437 | $86,709 | -$4,329 | $1,028,112 | $491,325 |
| 5 | $1,565,020 | $89,601 | -$1,631 | $1,012,840 | $552,180 |
| 6 | $1,611,971 | $92,586 | $1,156 | $996,518 | $615,453 |
| 7 | $1,660,330 | $95,669 | $4,035 | $979,076 | $681,254 |
| 8 | $1,710,140 | $98,852 | $7,009 | $960,435 | $749,704 |
| 9 | $1,761,444 | $102,138 | $10,081 | $940,515 | $820,929 |
| 10 | $1,814,287 | $105,530 | $13,254 | $919,227 | $895,060 |
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.