1470 NE 125th Ter Apt 205

North Miami, FL 33161 · condos · For Sale · 114 days on market
Asking price$160,000
0 beds 1 baths 576 sqft
Suggested offer$101,215$58,785 above the est. market value of $101,215.
View on Realtor.com →
Listed by Myriam Fridman · Beachfront Realty Inc
Typecondos
Built1970
Price / sqft$278
Est. value (own analysis)$101,215
Rent estimate (own analysis)$1,350/mo
HOA$350/mo
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Neighborhood

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Statusfor_sale
Listed date2026-05-12
Removed date
MLSMiamiMLS #A12017167
Coordinates25.89128, -80.16950
Address1470 NE 125th Ter Apt 205
CityNorth Miami
StateFL
Zip33161
Listing ID6297330153
Sourceus-real-estate-listings, cached 2026-08-28

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)

Purchase price$160,000
Down payment (20.0%)$32,000
Loan amount$128,000
Closing costs (5.0%)$8,000
Total cash to close$40,000
Rent (comp-derived)$1,350$16,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$16,200
Vacancy rate (assumption) assumption8.0%

$16,200 × 8.0% = $1,296

Effective gross income$1,242$14,904
Property tax (placeholder 1.9% of price)$253$3,040
Insurance (placeholder 0.8% of price)$107$1,280
HOA dues$350$4,200
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$68$810
Total operating expenses$778$9,330
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$14,904
Total operating expenses derived$9,330

$14,904 − $9,330 = $5,574

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$128,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$128,000 amortized at 6.7% over 30 years = $823/mo

CapEx reserve (5.0% of GSR)$68$810
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$5,574
Annual debt service derived$9,871
Annual CapEx reserve assumption$810
Annual PMI assumption$0

($5,574 − $9,871 − $810 − $0) ÷ 12 = -$426

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$5,574
Purchase price data$160,000

$5,574 ÷ $160,000 = 3.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$5,107
Total cash to close derived$40,000

-$5,107 ÷ $40,000 = -12.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$5,574
Annual debt service derived$9,871

$5,574 ÷ $9,871 = 0.56

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$16,200
Purchase price data$160,000

($16,200 ÷ 12) ÷ $160,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$160,000
Gross scheduled rent (annual) comp$16,200

$160,000 ÷ $16,200 = 9.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$9,330
Effective gross income derived$14,904

$9,330 ÷ $14,904 = 62.6%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$9,330
Annual debt service derived$9,871
Annual PMI assumption$0
Gross scheduled rent (annual) comp$16,200

($9,330 + $9,871 + $0) ÷ $16,200 = 118.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment01450$1,3002026-08-06
apartment01464$1,1502026-05-22
apartment01395$1,1152026-08-02
apartment01400$1,1902026-03-24
apartment09450$1,6002025-07-01
condos0510$1,5002026-08-28
apartment01550$1,8262024-08-14
condos01710$1,3502026-06-20
condos01576$1,4992026-06-20
apartment01550$1,4002023-11-06
apartment01500$1,300

1293 NE 109th St Unit 3

Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage450
Listed2026-08-06
Days on market

Asking rent: $1,300

View on Zillow →

13201 Memorial Hwy

Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage464
Listed2026-05-22
Days on market

Asking rent: $1,150

View on Zillow →

13201 Memorial Hwy Apt 106

Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage395
Listed2026-08-02
Days on market

Asking rent: $1,115

View on Zillow →

1437 NE 110th Ter Apt 4

Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-03-24
Days on market

Asking rent: $1,190

View on Zillow →

11750 NE 16th Ave Apt 102

Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 9 ba
Square footage450
Listed2025-07-01
Days on market

Asking rent: $1,600

View on Zillow →

12590 NE 16th Ave Apt 401

North Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / — ba
Square footage510
Listed2026-08-28
Days on market

Asking rent: $1,500

View on Zillow →

950 NE 124th St

North Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2024-08-14
Days on market

Asking rent: $1,826

View on Zillow →

365 NE 125th St Apt 305

North Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage710
Listed2026-06-20
Days on market

Asking rent: $1,350

View on Zillow →

1470 NE 125th Ter Apt 205

North Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage576
Listed2026-06-20
Days on market

Asking rent: $1,499

View on Zillow →

11520 NE 6th Ave Units 4 & 11

Biscayne Park, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2023-11-06
Days on market

Asking rent: $1,400

View on Zillow →

1265 NE 136th Ter Apt 2

North Miami, 33161 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage500
Listed
Days on market

Asking rent: $1,300

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1470 NE 123rd St Unit A701condos221,260$245,0002026-08-31
1250 NE 125th St Unit 311Ccondos12820$137,2802026-08-18
11905 NE 2nd Ave Unit C403condos221,046$165,0002026-08-06
11905 NE 2nd Ave Unit C411condos221,046$130,0002026-07-31
1312 NE 117th Ter Unit 1condos332,300$710,0002026-07-27
1310 NE 117th Ter Unit 2condos221,700$565,0002026-07-21
1465 NE 123rd St Apt 714condos11750$125,0002026-07-17
12890 NE 8th Ave Apt 203condos11714$146,0002026-07-17
12035 NE 2nd Ave Unit A423condos22928$100,0002026-07-13
1470 NE 123rd St Unit A1107condos221,182$200,0002026-07-07
1470 NE 125th Ter Apt 308condos12900$160,0002026-06-26
1475 NE 125th Ter Unit 301Acondos11766$116,1222026-06-18
11905 NE 2nd Ave Unit C308condos22860$154,0002026-06-16
1470 NE 123rd St Unit A813condos11782$158,5002026-06-12
1470 NE 125th Ter Apt 802condos11875$90,0002026-06-09
6316897921condos11710$205,0002026-06-03
14234 NE 3rd Ct Unit 11Ccondos221,200$250,0002026-05-18
13500 NE 3rd Ct Apt 419condos12691$104,0002026-04-22
1470 NE 125th Ter Apt 810condos11875$95,0002026-04-21
13500 NE 3rd Ct Apt 408condos12691$70,0002026-04-10
13500 NE 3rd Ct Apt 217condos12691$120,0002026-03-10
1470 NE 123rd St Unit A603condos11782$156,0002026-02-23
555 NE 123rd St Unit 218Acondos221,009$279,0002026-02-10
1465 NE 123rd St Apt 501condos11900$130,0002026-02-06
13700 NE 6th Ave Apt 311condos321,146$190,0002026-02-02
650 NE 149th St Apt 110Acondos22860$130,0002026-01-30
12035 NE 2nd Ave Unit A417condos11816$150,0002025-12-18
1251 NE 108th St Apt 810condos11710$215,0002025-12-17
13500 NE 3rd Ct Apt 423condos22920$170,0002025-12-15
1465 NE 123rd St Apt 814condos11750$170,0002025-11-26
11925 NE 2nd Ave Unit B309condos221,046$139,9002025-11-10
11905 NE 2nd Ave Unit C315condos22860$145,0002025-10-23
1250 NE 125th St Unit 410Ccondos12820$155,0002025-10-08
13655 NE 10th Ave Apt 108condos11560$123,0002025-09-29
365 NE 125th St Apt 302condos12710$175,0002025-09-15
770 NE 128th St Apt 303condos11661$105,0002025-09-15

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.

AddressTypeBedsBathsSqftAsking priceDays on market
12590 NE 16th Ave Apt 512condos0510$80,000
12590 NE 16th Ave Apt 206condos0725$100,000
12590 NE 16th Ave Apt 502condos0882$95,000
1470 NE 125th Ter Apt 605condos01576$135,000

10-year hold projection

IRR1.8%
Equity multiple1.29x
Total return (10yr)$32,629
YearProperty valueNOICash flowLoan balanceEquity
1$164,800$5,574-$5,107$126,612$38,188
2$169,744$5,788-$4,913$125,129$44,615
3$174,836$6,009-$4,712$123,544$51,292
4$180,081$6,239-$4,504$121,850$58,231
5$185,484$6,476-$4,289$120,040$65,443
6$191,048$6,722-$4,065$118,106$72,942
7$196,780$6,976-$3,834$116,039$80,741
8$202,683$7,240-$3,594$113,830$88,853
9$208,764$7,512-$3,345$111,469$97,295
10$215,027$7,794-$3,088$108,946$106,081
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.