7001 W 35th Ave Unit 273

Hialeah, FL 33018 · condos · For Sale · 64 days on market
Asking price$439,000
3 beds 2 baths 1,170 sqft
View on Realtor.com →
Listed by Christian Jaramillo · LoKation® Real Estate
Typecondos
Built1997
Price / sqft$375
Est. value (Zillow ZIP avg)$530,396
Rent estimate (own analysis)$2,945/mo
HOA$195/mo
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Neighborhood

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Statusfor_sale
Listed date2026-06-30
Removed date
MLSBeachesMLS #B26047036
Coordinates25.88611, -80.35281
Address7001 W 35th Ave Unit 273
CityHialeah
StateFL
Zip33018
Listing ID6451249867
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33018)

Typical home value (ZHVI)$530,396
Typical rent (ZORI)$3,006/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$439,000
Down payment (20.0%)$87,800
Loan amount$351,200
Closing costs (5.0%)$21,950
Total cash to close$109,750
Rent (comp-derived)$2,945$35,340
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$35,340
Vacancy rate (assumption) assumption8.0%

$35,340 × 8.0% = $2,827

Effective gross income$2,709$32,513
Property tax (placeholder 1.9% of price)$695$8,341
Insurance (placeholder 0.8% of price)$293$3,512
HOA dues$195$2,340
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$147$1,767
Total operating expenses$1,330$15,960
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$32,513
Total operating expenses derived$15,960

$32,513 − $15,960 = $16,553

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$351,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$351,200 amortized at 6.7% over 30 years = $2,257/mo

CapEx reserve (5.0% of GSR)$147$1,767
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$16,553
Annual debt service derived$27,083
Annual CapEx reserve assumption$1,767
Annual PMI assumption$0

($16,553 − $27,083 − $1,767 − $0) ÷ 12 = -$1,025

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$16,553
Purchase price data$439,000

$16,553 ÷ $439,000 = 3.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$12,297
Total cash to close derived$109,750

-$12,297 ÷ $109,750 = -11.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$16,553
Annual debt service derived$27,083

$16,553 ÷ $27,083 = 0.61

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$35,340
Purchase price data$439,000

($35,340 ÷ 12) ÷ $439,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$439,000
Gross scheduled rent (annual) comp$35,340

$439,000 ÷ $35,340 = 12.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,960
Effective gross income derived$32,513

$15,960 ÷ $32,513 = 49.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,960
Annual debt service derived$27,083
Annual PMI assumption$0
Gross scheduled rent (annual) comp$35,340

($15,960 + $27,083 + $0) ÷ $35,340 = 121.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos321,200$3,0002026-04-29
condos331,545$2,9002026-04-15
apartment321,189$2,6772026-07-30
condos321,300$2,8002026-07-25
condos321,079$2,6252026-06-10
condos321,150$2,5002026-05-11
condos331,545$2,9902026-06-20
condos321,180$2,7502026-05-28
condos331,412$3,3002026-08-10
condos321,230$2,7002026-08-13
condos331,361$2,9002026-07-24
condos331,545$3,3502026-07-01
apartment321,336$3,310
apartment321,298$4,107
apartment321,389$3,250
apartment321,336$3,302

11051 W Okeechobee Rd Unit 101

Miami, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,200
Listed2026-04-29
Days on market

Asking rent: $3,000

View on Zillow →

8913 W 35th Way

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-04-15
Days on market

Asking rent: $2,900

View on Zillow →

3417 W 80th St Unit 108

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,189
Listed2026-07-30
Days on market

Asking rent: $2,677

View on Zillow →

3514 W 76th St Unit 201

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,300
Listed2026-07-25
Days on market

Asking rent: $2,800

View on Zillow →

3041 W 76th St Unit B108

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,079
Listed2026-06-10
Days on market

Asking rent: $2,625

View on Zillow →

7778 W 34th Ln Unit 20-201

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,150
Listed2026-05-11
Days on market

Asking rent: $2,500

View on Zillow →

8872 W 35th Ct

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-06-20
Days on market

Asking rent: $2,990

View on Zillow →

10648 NW 87th Ct Unit 10648

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,180
Listed2026-05-28
Days on market

Asking rent: $2,750

View on Zillow →

3413 W 113th St Unit 3413

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,412
Listed2026-08-10
Days on market

Asking rent: $3,300

View on Zillow →

7776 W 36th Ave Apt 6

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,230
Listed2026-08-13
Days on market

Asking rent: $2,700

View on Zillow →

8123 W 36th Ave Apt 1

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,361
Listed2026-07-24
Days on market

Asking rent: $2,900

View on Zillow →

3538 W 88th Ter Unit 3538

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,545
Listed2026-07-01
Days on market

Asking rent: $3,350

View on Zillow →

11181 W 35th Way # 1-112

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed
Days on market

Asking rent: $3,310

View on Zillow →

17351 NW 94th Ct # 08-304

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,298
Listed
Days on market

Asking rent: $4,107

View on Zillow →

3545 W 98th St # 008-305

Hialeah Gardens, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,389
Listed
Days on market

Asking rent: $3,250

View on Zillow →

11181 W 35th Way # 2-212

Hialeah, 33018 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,336
Listed
Days on market

Asking rent: $3,302

View on Zillow →

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.

No recent recorded sales cached yet for this ZIP.

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
9018 NW 120th St Unit 133condo_townhome_rowhome_coop321,270$427,900
8724 NW 149th Tersingle_family321,676$720,000
15842 NW 91 Ct Unit 15842townhomes331,692$575,000
9733 NW 126th Tersingle_family321,550$575,000
19641 NW 88th Avesingle_family321,957$814,900
10364 NW 128th Tersingle_family321,398$599,000
19181 NW 89th Avesingle_family321,628$679,000
8851 NW 119th St Unit 6102condos321,380$299,000

10-year hold projection

IRR2.8%
Equity multiple1.45x
Total return (10yr)$106,552
YearProperty valueNOICash flowLoan balanceEquity
1$452,170$16,553-$12,297$347,392$104,778
2$465,735$17,129-$11,765$343,323$122,412
3$479,707$17,725-$11,215$338,974$140,733
4$494,098$18,340-$10,645$334,327$159,772
5$508,921$18,977-$10,057$329,360$179,561
6$524,189$19,634-$9,448$324,052$200,136
7$539,915$20,313-$8,819$318,380$221,534
8$556,112$21,015-$8,168$312,319$243,793
9$572,795$21,741-$7,495$305,841$266,954
10$589,979$22,490-$6,800$298,918$291,061
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.