11628 NW 87th Ln Unit 11628
Doral, FL 33178 · townhomes · For Sale · 67 days on market
Asking price$689,900
4 beds 3 baths 1,912 sqft
Suggested offer$664,477$25,423 above the est. market value of $664,477.
View on Realtor.com →Listed by Ranghiv Acurero Almeida · Miami New Realty
Typetownhomes
Built2012
Price / sqft$361
Est. value (own analysis)$664,477
Rent estimate (own analysis)$4,100/mo
HOA$296/mo
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Statusfor_sale
Listed date2026-06-27
Removed date—
MLSMiamiMLS #A12043291
Coordinates25.85281, -80.38559
Address11628 NW 87th Ln Unit 11628
CityDoral
StateFL
Zip33178
Listing ID6650219152
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33178)
Typical home value (ZHVI)$558,055
Typical rent (ZORI)$2,961/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 | $689,900 |
| Down payment (20.0%) | $137,980 |
| Loan amount | $551,920 |
| Closing costs (5.0%) | $34,495 |
| Total cash to close | $172,475 |
| Income | |
| Rent (comp-derived) | $4,100$49,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,772$45,264 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,092$13,108 |
| Insurance (placeholder 0.8% of price) | $460$5,519 |
| HOA dues | $296$3,552 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $205$2,460 |
| Total operating expenses | $2,053$24,639 |
| 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) | $205$2,460 |
| 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 | 4 | 3 | 1,894 | $4,100 | 2026-05-27 | — | |
| townhomes | 4 | 4 | 1,862 | $5,000 | 2026-08-26 | — | |
| townhomes | 4 | 4 | 1,808 | $3,650 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,900 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,500 | 2026-05-02 | — | |
| townhomes | 4 | 3 | 1,712 | $4,000 | 2026-07-30 | — | |
| townhomes | 4 | 4 | 2,020 | $4,500 | 2026-02-24 | — | |
| townhomes | 4 | 3 | 1,904 | $3,990 | 2026-08-17 | — | |
| townhomes | 4 | 3 | 2,306 | $4,000 | 2026-04-28 | — | |
| townhomes | 4 | 3 | 1,888 | $4,350 | 2024-07-10 | — | |
| townhomes | 4 | 3 | 2,245 | $4,800 | 2026-08-14 | — | |
| townhomes | 4 | 4 | 2,020 | $4,700 | 2026-02-27 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | 2026-07-24 | — | |
| townhomes | 4 | 3 | 1,712 | $4,100 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 1,862 | $5,500 | 2026-07-01 | — | |
| townhomes | 4 | 3 | 1,904 | $4,200 | 2026-07-29 | — | |
| townhomes | 4 | 3 | 1,783 | $4,200 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 2,310 | $5,000 | 2026-07-17 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | — | — | |
| townhomes | 4 | 3 | 1,894 | $3,500 | 2026-07-27 | — | |
| townhomes | 4 | 3 | 2,206 | $3,900 | 2026-05-01 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 10183 NW 43rd Ter | townhomes | 4 | 3 | 1,861 | $650,000 | 2026-08-24 |
| 7903 NW 105th Ave | townhomes | 4 | 4 | 2,020 | $815,000 | 2026-08-21 |
| 5820 NW 104th Ct | townhomes | 4 | 3 | 2,206 | $780,000 | 2026-08-14 |
| 10832 NW 84th St | townhomes | 4 | 4 | 2,249 | $740,000 | 2026-08-04 |
| 4844 NW 110th Pl | townhomes | 4 | 2 | 2,304 | $695,000 | 2026-07-30 |
| 8869 NW 103rd Pl | townhomes | 4 | 3 | 1,757 | $600,000 | 2026-07-28 |
| 8121 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $590,000 | 2026-07-22 |
| 10460 NW 67th St | townhomes | 4 | 3 | 1,812 | $690,000 | 2026-07-02 |
| 8730 NW 110th Ave | townhomes | 4 | 3 | 2,277 | $684,900 | 2026-06-30 |
| 7469 NW 112th Pl | townhomes | 4 | 3 | 2,211 | $740,000 | 2026-06-30 |
| 5507 NW 113th Ave | townhomes | 4 | 3 | 2,276 | $625,000 | 2026-06-29 |
| 9820 NW 88th St | townhomes | 4 | 3 | 1,783 | $625,000 | 2026-06-24 |
| 8070 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $654,900 | 2026-06-18 |
| 10502 NW 66th St | townhomes | 4 | 3 | 1,826 | $700,000 | 2026-06-08 |
| 8780 NW 116th Path | townhomes | 4 | 2 | 1,850 | $685,000 | 2026-06-01 |
| 9860 NW 88th St | townhomes | 4 | 3 | 1,783 | $630,000 | 2026-05-20 |
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 |
|---|---|---|---|---|---|---|
| 11351 NW 64th Ter | single_family | 4 | 2 | 2,011 | $1,140,000 | — |
| 8945 NW 98th Ave | single_family | 4 | 3 | 1,783 | $650,000 | — |
| 10776 NW 83rd Ter Unit 1-19 | condos | 4 | 3 | 1,507 | $499,999 | — |
| 11101 NW 72nd Ter | single_family | 4 | 5 | 2,680 | $1,870,000 | — |
| 10709 NW 81st Ln | condos | 4 | 3 | 1,894 | $605,000 | — |
| 8542 NW 111th Ct | single_family | 4 | 4 | 2,975 | $900,000 | — |
| 7651 NW 114th Path | single_family | 4 | 3 | 1,894 | $565,000 | — |
| 11180 NW 73rd St | single_family | 4 | 3 | 2,312 | $965,000 | — |
10-year hold projection
IRR0.7%
Equity multiple1.11x
Total return (10yr)$109,112
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $710,597 | $20,625 | -$24,397 | $545,936 | $164,661 |
| 2 | $731,915 | $21,367 | -$23,716 | $539,541 | $192,374 |
| 3 | $753,872 | $22,134 | -$23,012 | $532,707 | $221,166 |
| 4 | $776,489 | $22,927 | -$22,283 | $525,403 | $251,085 |
| 5 | $799,783 | $23,748 | -$21,529 | $517,598 | $282,185 |
| 6 | $823,777 | $24,596 | -$20,748 | $509,257 | $314,519 |
| 7 | $848,490 | $25,474 | -$19,941 | $500,343 | $348,147 |
| 8 | $873,945 | $26,381 | -$19,105 | $490,818 | $383,127 |
| 9 | $900,163 | $27,318 | -$18,240 | $480,638 | $419,525 |
| 10 | $927,168 | $28,288 | -$17,346 | $469,758 | $457,409 |
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.