437 Lark Ave
Miami Springs, FL 33166 · single_family · For Sale · 34 days on market
Asking price$585,000
2 beds 1 baths 850 sqft
Suggested offer$566,959$18,042 above the est. market value of $566,959.
View on Realtor.com →Listed by Esther Harrison · Century 21 Integra
Typesingle_family
Built1949
Price / sqft$688
Est. value (own analysis)$566,959
Rent estimate (Zillow ZIP avg)$2,899/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood5/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-30
Removed date—
MLSBeachesMLS #B26058465
Coordinates25.82195, -80.28862
Address437 Lark Ave
CityMiami Springs
StateFL
Zip33166
Listing ID5861355891
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33166)
Typical home value (ZHVI)$610,998
Typical rent (ZORI)$2,899/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 | $585,000 |
| Down payment (20.0%) | $117,000 |
| Loan amount | $468,000 |
| Closing costs (5.0%) | $29,250 |
| Total cash to close | $146,250 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,899$34,789 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,667$32,006 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $926$11,115 |
| Insurance (est. scaled by flood & wind risk) | $683$8,190 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $145$1,739 |
| Total operating expenses | $1,754$21,044 |
| 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) | $145$1,739 |
| 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 | 2 | 2 | 936 | $3,500 | 2026-03-20 | — | |
| single_family | 2 | 2 | 1,280 | $4,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 57 N Melrose Dr | single_family | 2 | 2 | 1,092 | $725,000 | 2026-09-01 |
| 640 Cardinal St | single_family | 2 | 1 | 977 | $600,000 | 2026-08-07 |
| 211 Hough Dr | single_family | 2 | 1 | 970 | $650,000 | 2026-07-13 |
| 6320 NW 41st St | single_family | 2 | 1 | 833 | $620,000 | 2026-06-25 |
| 556 LA Villa Dr | single_family | 2 | 1 | 979 | $710,000 | 2026-06-24 |
| 234 Pinecrest Dr | single_family | 2 | 1 | 1,236 | $600,000 | 2026-06-23 |
| 281 Iroquois St | single_family | 2 | 1 | 1,734 | $790,000 | 2026-05-05 |
| 52 Flagler Dr | single_family | 2 | 2 | 891 | $530,000 | 2026-04-10 |
| 830 Oriole Ave | single_family | 2 | 1 | 1,202 | $1,800,000 | 2026-03-20 |
| 389 Lafayette Dr | single_family | 2 | 1 | 1,110 | $459,900 | 2026-03-09 |
| 141 Iroquois St | single_family | 2 | 1 | 801 | $750,000 | 2025-12-30 |
| 32 Hammond Dr | single_family | 2 | 1 | 838 | $585,000 | 2025-12-15 |
| 537 Glen Way | single_family | 2 | 1 | 1,688 | $690,000 | 2025-11-21 |
| 393 Minola Dr | single_family | 2 | 1 | 850 | $645,000 | 2025-10-17 |
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 |
|---|---|---|---|---|---|---|
| 4640 NW 84th Ave Apt 16 | condos | 2 | 3 | 1,312 | $539,000 | — |
| 341 NW 67th Ave | single_family | 2 | 2 | 891 | $729,900 | — |
| 4154 NW 79th Ave Apt 2A | condos | 2 | 2 | 1,060 | $310,000 | — |
| 989 Eastward Dr | single_family | 2 | 2 | 1,572 | $769,500 | — |
| 4544 NW 79th Ave Apt 1H | condos | 2 | 2 | 1,060 | $297,000 | — |
| 4410 NW 79th Ave Apt 1C | condos | 2 | 2 | 1,060 | $289,900 | — |
| 680 Miller Dr Unit W405 | condos | 2 | 2 | 860 | $280,000 | — |
| 57 N Melrose Dr | single_family | 2 | 2 | 1,092 | $799,000 | — |
10-year hold projection
IRR-2.3%
Equity multiple0.63x
Total return (10yr)$21,617
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $602,550 | $10,962 | -$26,868 | $462,926 | $139,624 |
| 2 | $620,627 | $11,396 | -$26,477 | $457,503 | $163,123 |
| 3 | $639,245 | $11,845 | -$26,072 | $451,708 | $187,537 |
| 4 | $658,423 | $12,311 | -$25,652 | $445,516 | $212,907 |
| 5 | $678,175 | $12,794 | -$25,216 | $438,897 | $239,278 |
| 6 | $698,521 | $13,294 | -$24,764 | $431,825 | $266,696 |
| 7 | $719,476 | $13,812 | -$24,295 | $424,266 | $295,210 |
| 8 | $741,061 | $14,348 | -$23,809 | $416,189 | $324,871 |
| 9 | $763,292 | $14,904 | -$23,306 | $407,557 | $355,735 |
| 10 | $786,191 | $15,479 | -$22,783 | $398,332 | $387,859 |
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.