Hialeah Gardens, FL 33018 · condo_townhome_rowhome_coop · For Sale · 238 days on market
Asking price$495,000
4 beds 3 baths 1,240 sqft
Suggested offer$367,610$127,390 above the est. market value of $367,610.
View on Realtor.com →Listed by Celia M Duarte · World Star Realty Group
Typecondo_townhome_rowhome_coop
Built1995
Price / sqft$399
Est. value (own analysis)$367,610
Rent estimate (Zillow ZIP avg)$3,006/mo
HOA$150/mo
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Statusfor_sale
Listed date2026-01-07
Removed date—
MLSMiamiMLS #A11940181
Coordinates25.88321, -80.34976
Address
CityHialeah Gardens
StateFL
Zip33018
Listing ID6505896260
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $495,000 |
| Down payment (20.0%) | $99,000 |
| Loan amount | $396,000 |
| Closing costs (5.0%) | $24,750 |
| Total cash to close | $123,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,006$36,075 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,766$33,189 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $784$9,405 |
| Insurance (placeholder 0.8% of price) | $330$3,960 |
| HOA dues | $150$1,800 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,804 |
| Total operating expenses | $1,414$16,969 |
| 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) | $150$1,804 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 4 | 2 | — | $3,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 9386 W 33rd Ln | condo_townhome_rowhome_coop | 3 | 3 | 1,545 | $426,550 | 2026-08-03 |
| 7835 W 30th Ct Apt G104 | condo | 2 | 2 | 998 | $280,000 | 2026-08-03 |
| 9046 NW 121st Ter Unit 90 | condos | 4 | 2 | 1,270 | $450,000 | 2026-07-24 |
| 7762 W 34th Ln # 18-202 | condo | 2 | 2 | 990 | $285,000 | 2026-07-16 |
| 10903 W Okeechobee Rd Unit 102 | condo | 2 | 2 | 1,029 | $357,000 | 2026-07-13 |
| 7952 W 29th Way Apt 202 | condos | 2 | 2 | 925 | $240,000 | 2026-07-08 |
| 7709 W 36th Ave Apt 2 | condo_townhome_rowhome_coop | 2 | 3 | 965 | $330,000 | 2026-07-01 |
| 7801 W 29th Way Apt 102 | condos | 2 | 2 | 885 | $328,000 | 2026-05-28 |
| 2815 W 76th St Apt 202 | condo | 2 | 2 | 925 | $255,000 | 2026-05-27 |
| 8851 NW 119th St Unit 5221 | condo | 2 | 2 | 1,280 | $270,000 | 2026-05-21 |
| 7663 W 36th Ave Apt 7 | condos | 2 | 3 | 976 | $370,000 | 2026-05-19 |
| 3388 W 100th Ter | condos | 3 | 3 | 1,848 | $540,000 | 2026-04-27 |
| 7618 W 34th Ln # 1-202 | condo | 2 | 2 | 990 | $250,000 | 2026-04-24 |
| 7701 W 36th Ave Apt 3 | condos | 2 | 3 | 1,256 | $360,000 | 2026-04-24 |
| 7724 W 29th Ln Unit 101-38 | condos | 2 | 2 | 980 | $325,000 | 2026-04-24 |
| 8851 NW 119th St Unit 6101 | condos | 2 | 1 | 920 | $260,000 | 2026-04-21 |
| 10923 W Okeechobee Rd Unit 201 | condos | 3 | 2 | 1,190 | $357,000 | 2026-04-20 |
| 7842 W 34th Ln Unit 202 | condos | 2 | 2 | 990 | $290,000 | 2026-04-17 |
| 3355 W 106th Ter | condo_townhome_rowhome_coop | 3 | 3 | 1,412 | $485,000 | 2026-04-16 |
| 9326 NW 121st St Unit 115 | condos | 3 | 3 | 1,240 | $495,000 | 2026-04-13 |
| 3021 W 76th St Apt 201 | condo | 3 | 2 | 1,079 | $280,000 | 2026-04-13 |
| 3011 W 76th St Unit A104 | condos | 1 | 1 | 757 | $237,000 | 2026-04-06 |
| 10515 W 33rd Ct | condo_townhome_rowhome_coop | 3 | 3 | 1,650 | $505,000 | 2026-04-06 |
| 7845 W 36th Ave Unit 203 | condos | 2 | 2 | 1,080 | $340,000 | 2026-03-31 |
| 10951 W Okeechobee Rd Unit 101 | condos | 2 | 2 | 1,029 | $340,000 | 2026-03-31 |
| 7820 W 29th Way Apt 201 | condo | 2 | 2 | 925 | $255,000 | 2026-03-30 |
| 3021 W 76th St Unit C201 | condos | 3 | 2 | 1,079 | $280,000 | 2026-03-20 |
| 7895 W 29th Ln Apt 202 | condo | 2 | 2 | 980 | $350,000 | 2026-03-10 |
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 |
|---|---|---|---|---|---|---|
| 10033 NW 126th Ter | single_family | 4 | 3 | 1,515 | $620,000 | — |
| 8875 NW 161st Ter | single_family | 4 | 4 | 2,543 | $1,049,000 | — |
| 16732 NW 89th Pl | single_family | 4 | 3 | 2,415 | $1,185,000 | — |
| 14172 NW 87th Ct | single_family | 4 | 3 | 1,806 | $835,000 | — |
| 8900 NW 161st Ter | single_family | 4 | 3 | 2,847 | $1,295,000 | — |
| 16012 NW 91st Ct | townhomes | 4 | 4 | 1,908 | $624,900 | — |
| 9023 NW 161st Ter | single_family | 4 | 3 | 2,847 | $1,250,000 | — |
| 3567 W 110th Ter | single_family | 4 | 3 | 2,012 | $735,000 | — |
10-year hold projection
IRR1.5%
Equity multiple1.24x
Total return (10yr)$93,974
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $509,850 | $16,220 | -$16,121 | $391,707 | $118,144 |
| 2 | $525,146 | $16,792 | -$15,595 | $387,118 | $138,027 |
| 3 | $540,900 | $17,383 | -$15,050 | $382,215 | $158,685 |
| 4 | $557,127 | $17,993 | -$14,487 | $376,975 | $180,152 |
| 5 | $573,841 | $18,624 | -$13,904 | $371,375 | $202,466 |
| 6 | $591,056 | $19,277 | -$13,302 | $365,390 | $225,666 |
| 7 | $608,788 | $19,951 | -$12,678 | $358,995 | $249,793 |
| 8 | $627,051 | $20,648 | -$12,034 | $352,160 | $274,891 |
| 9 | $645,863 | $21,368 | -$11,367 | $344,856 | $301,007 |
| 10 | $665,239 | $22,113 | -$10,678 | $337,050 | $328,188 |
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.