2122 Dewey St

Hollywood, FL 33020 · single_family · For Sale · 320 days on market
Asking price$169,000
0 beds — baths — sqft
View on Realtor.com →
Listed by Richard Flor · Keller Williams Elite Properties
Typesingle_family
Built1947
Price / sqft
Est. value (own analysis)$486,250
Rent estimate (own analysis)$1,300/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2025-10-17
Removed date
MLSMiamiMLS #A11898103
Coordinates26.00299, -80.15012
Address2122 Dewey St
CityHollywood
StateFL
Zip33020
Listing ID6585889025
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$169,000
Down payment (20.0%)$33,800
Loan amount$135,200
Closing costs (5.0%)$8,450
Total cash to close$42,250
Rent (comp-derived)$1,300$15,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$15,600
Vacancy rate (assumption) assumption8.0%

$15,600 × 8.0% = $1,248

Effective gross income$1,196$14,352
Property tax (placeholder 1.9% of price)$268$3,211
Insurance (placeholder 0.8% of price)$113$1,352
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$65$780
Total operating expenses$445$5,343
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$14,352
Total operating expenses derived$5,343

$14,352 − $5,343 = $9,009

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$135,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$135,200 amortized at 6.7% over 30 years = $869/mo

CapEx reserve (5.0% of GSR)$65$780
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$9,009
Annual debt service derived$10,426
Annual CapEx reserve assumption$780
Annual PMI assumption$0

($9,009 − $10,426 − $780 − $0) ÷ 12 = -$183

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,009
Purchase price data$169,000

$9,009 ÷ $169,000 = 5.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$2,197
Total cash to close derived$42,250

-$2,197 ÷ $42,250 = -5.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,009
Annual debt service derived$10,426

$9,009 ÷ $10,426 = 0.86

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$15,600
Purchase price data$169,000

($15,600 ÷ 12) ÷ $169,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$169,000
Gross scheduled rent (annual) comp$15,600

$169,000 ÷ $15,600 = 10.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$5,343
Effective gross income derived$14,352

$5,343 ÷ $14,352 = 37.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$5,343
Annual debt service derived$10,426
Annual PMI assumption$0
Gross scheduled rent (annual) comp$15,600

($5,343 + $10,426 + $0) ÷ $15,600 = 101.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family01250$1,1002026-07-15
single_family011,858$1,2502026-05-06
single_family01300$1,3752026-07-16
single_family01243$1,4952026-04-20
single_family01400$1,300

1727 Dewey St Apt 3

Hollywood, 33020 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage250
Listed2026-07-15
Days on market

Asking rent: $1,100

View on Zillow →

1418 Wiley St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage1,858
Listed2026-05-06
Days on market

Asking rent: $1,250

View on Zillow →

2037 Madison St Apt 8

Hollywood, 33020 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage300
Listed2026-07-16
Days on market

Asking rent: $1,375

View on Zillow →

1858 Dewey St Unit 2B

Hollywood, 33020 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage243
Listed2026-04-20
Days on market

Asking rent: $1,495

View on Zillow →

1912 N 20th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
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
2315 Johnson Stsingle_family21926$375,0002026-08-31
1550 Tyler Stsingle_family322,351$1,025,0002026-08-31
1120 S 28th Avesingle_family421,574$550,0002026-08-28
2730 Sherman Stsingle_family321,620$738,0002026-08-26
1610 S 22nd Avesingle_family421,335$455,0002026-08-26
2611 Rodman Stsingle_family32$456,0002026-08-21
2104 N 14th Ctsingle_family321,816$482,5002026-08-20
2538 Liberty Stsingle_family221,332$505,0002026-08-18
1459 Jefferson Stsingle_family332,221$1,150,0002026-08-17
1435 Johnson Stsingle_family321,844$610,0002026-08-17
2227 Farragut Stsingle_family01,220$400,0002026-08-14
2857 Adams Stsingle_family421,418$575,0002026-08-14
1000 N 17th Avesingle_family321,106$540,0002026-08-10
2633 NW Taft Stsingle_family431,571$615,0002026-08-07
2702 Hayes Stsingle_family211,284$380,0002026-08-07
2711 Dewey Stsingle_family211,232$450,0002026-08-06
1523 Johnson Stsingle_family221,175$650,0002026-08-05
2745 Funston Stsingle_family211,006$359,0002026-08-05
510 S 29th Ctsingle_family211,120$390,0002026-08-01
2431 Rodman Stsingle_family211,066$350,0002026-07-30
2701 Scott Stsingle_family421,565$817,0002026-07-30
2460 Jackson Stsingle_family211,136$490,0002026-07-29
2747 Dewey Stsingle_family311,284$497,0002026-07-28
2209 N 15th Avesingle_family321,449$495,0002026-07-28
2060 N 26th Avesingle_family321,418$565,0002026-07-27
1210 S 24th Tersingle_family21943$395,0002026-07-27
1611 Madison Stsingle_family321,244$675,0002026-07-23
2543 Liberty Stsingle_family321,615$470,0002026-07-23
1411 Harding Stsingle_family211,296$620,0002026-07-23
2503 Scott Stsingle_family31963$397,0002026-07-22
2711 Adams Stsingle_family321,054$440,0002026-07-22
2924 Dewey Stsingle_family322,056$350,0002026-07-17
2414 Jackson Stsingle_family211,353$293,7002026-07-16
1010 N 16th Avesingle_family321,493$566,5002026-07-15
1425 S 24th Avesingle_family321,486$295,7002026-07-14
2110 Funston Stsingle_family211,398$416,0002026-07-08
2704 Bruce Tersingle_family221,564$555,0002026-07-06
1224 N 26th Avesingle_family321,407$427,0002026-07-06
2630 Grant Stsingle_family211,029$450,0002026-07-02
2649 Scott Stsingle_family432,022$970,0002026-07-02
2716 Polk Stsingle_family321,736$499,0002026-07-02
2249 Johnson Stsingle_family211,523$420,0002026-07-01
1551 Tyler Stsingle_family321,680$535,0002026-06-30
1501 N 16th Ctsingle_family211,104$410,0002026-06-30
1612 Funston Stsingle_family321,927$690,1002026-06-26
2211 Coolidge Stsingle_family21960$457,0002026-06-24
1627 Moffett Stsingle_family221,262$595,0002026-06-23
2511 McKinley Stsingle_family321,132$370,0002026-06-23
2315 Harding Stsingle_family21646$315,0002026-06-23
2729 Harding Stsingle_family331,528$648,0002026-06-19

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
1700 Dewey Stsingle_family01,326$470,000
1700 Pierce St Apt 703condos01475$109,000
2100 Van Buren St Apt 501condos01738$265,000
1720 Harrison St Apt 15Fcondos01474$168,000
1720 Harrison St Apt 10Gcondos01514$175,000
401 N Federal Hwy Unit 707condos01$496,900
1720 Harrison St Apt 9Fcondos01474$184,900
1100 N 17th Ctsingle_family01,144$850,000

10-year hold projection

IRR7.2%
Equity multiple2.13x
Total return (10yr)$69,920
YearProperty valueNOICash flowLoan balanceEquity
1$174,070$9,009-$2,197$133,734$40,336
2$179,292$9,306-$1,919$132,168$47,124
3$184,671$9,613-$1,633$130,494$54,177
4$190,211$9,929-$1,337$128,705$61,506
5$195,917$10,256-$1,031$126,793$69,125
6$201,795$10,593-$716$124,749$77,045
7$207,849$10,941-$390$122,566$85,283
8$214,084$11,300-$53$120,232$93,852
9$220,507$11,671$294$117,739$102,768
10$227,122$12,053$653$115,074$112,048
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.