314 NE 142nd St Unit 16C
Miami, FL 33161 · townhomes · For Sale · 167 days on market
Asking price$275,000
2 beds 2 baths 1,200 sqft
Suggested offer$254,172$20,828 above the est. market value of $254,172.
View on Realtor.com →Listed by Rina Rodriguez · One Sotheby's International Realty
Typetownhomes
Built1972
Price / sqft$229
Est. value (own analysis)$254,172
Rent estimate (own analysis)$2,425/mo
HOA$385/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-03-19
Removed date—
MLSMiamiMLS #A11983244
Coordinates25.90527, -80.19332
Address314 NE 142nd St Unit 16C
CityMiami
StateFL
Zip33161
Listing ID6127847795
Sourceus-real-estate-listings, cached 2026-08-25
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 | $275,000 |
| Down payment (20.0%) | $55,000 |
| Loan amount | $220,000 |
| Closing costs (5.0%) | $13,750 |
| Total cash to close | $68,750 |
| Income | |
| Rent (comp-derived) | $2,425$29,100 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,231$26,772 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $435$5,225 |
| Insurance (est. scaled by flood & wind risk) | $321$3,850 |
| HOA dues | $385$4,620 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $121$1,455 |
| Total operating expenses | $1,263$15,150 |
| 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) | $121$1,455 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 2 | 1,075 | $2,000 | 2026-02-17 | — | |
| townhomes | 2 | 2 | 1,200 | $2,550 | 2026-04-09 | — | |
| townhomes | 2 | 2 | 1,200 | $2,300 | 2026-04-15 | — | |
| townhomes | 2 | 3 | 1,222 | $3,600 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 14225 Memorial Hwy # 1F | townhomes | 2 | 2 | 1,182 | $285,000 | 2026-08-24 |
| 14220 NE 3rd Ct Unit 10A | townhomes | 3 | 2 | 1,200 | $200,000 | 2026-08-24 |
| 14333 Memorial Hwy Unit 9K | townhomes | 2 | 2 | 1,182 | $295,000 | 2026-08-12 |
| 14204 NE 3rd Ct Unit 8C | townhomes | 3 | 2 | 1,200 | $219,000 | 2026-02-25 |
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 |
|---|---|---|---|---|---|---|
| 10860 NE 11th Ave | single_family | 2 | 1 | 1,021 | $825,000 | — |
| 1289 NE 146th St | single_family | 2 | 1 | 591 | $699,999 | — |
| 14241 Memorial Highway 9F | condos | 2 | 2 | 1,182 | $264,995 | — |
| 1350 NE 119th St Unit 135021 | condos | 2 | 2 | 952 | $165,000 | — |
| 1251 NE 108th St Apt 423 | condos | 2 | 2 | 1,010 | $250,000 | — |
| 274 NE 141st St Unit 3C | townhomes | 2 | 2 | 1,200 | $250,000 | — |
| 14310 NE 5th Pl | single_family | 2 | 2 | 1,160 | $330,000 | — |
| 14225 Memorial Hwy # 1F | townhomes | 2 | 2 | 1,182 | $295,000 | — |
10-year hold projection
IRR3.9%
Equity multiple1.62x
Total return (10yr)$78,552
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $283,250 | $11,622 | -$6,798 | $217,615 | $65,635 |
| 2 | $291,748 | $12,046 | -$6,410 | $215,066 | $76,682 |
| 3 | $300,500 | $12,485 | -$6,009 | $212,341 | $88,158 |
| 4 | $309,515 | $12,940 | -$5,593 | $209,430 | $100,085 |
| 5 | $318,800 | $13,409 | -$5,162 | $206,319 | $112,481 |
| 6 | $328,364 | $13,895 | -$4,716 | $202,994 | $125,370 |
| 7 | $338,215 | $14,398 | -$4,255 | $199,441 | $138,774 |
| 8 | $348,362 | $14,918 | -$3,777 | $195,644 | $152,718 |
| 9 | $358,813 | $15,455 | -$3,283 | $191,586 | $167,226 |
| 10 | $369,577 | $16,011 | -$2,771 | $187,250 | $182,327 |
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.