10352 NW 131st St

Hialeah Gardens, FL 33018 · single_family · For Sale · 13 days on market
Asking price$3,800,000
6 beds 6 baths 4,561 sqft
Suggested offer$1,828,551$1,971,449 above the est. market value of $1,828,551.
View on Realtor.com →
Listed by Joanna Jimenez · Compass Florida, LLC.
Typesingle_family
Built2019
Price / sqft$833
Est. value (own analysis)$1,828,551
Rent estimate (Zillow ZIP avg)$3,006/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-20
Removed date
MLSMiamiMLS #A12074855
Coordinates25.89195, -80.36740
Address10352 NW 131st St
CityHialeah Gardens
StateFL
Zip33018
Listing ID9496759953
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$3,800,000
Down payment (20.0%)$760,000
Loan amount$3,040,000
Closing costs (5.0%)$190,000
Total cash to close$950,000
Rent (ZIP avg, ZORI — not bedroom-specific)$3,006$36,075
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,075
Vacancy rate (assumption) assumption8.0%

$36,075 × 8.0% = $2,886

Effective gross income$2,766$33,189
Property tax (placeholder 1.9% of price)$6,017$72,200
Insurance (est. scaled by flood & wind risk)$3,800$45,600
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$150$1,804
Total operating expenses$9,967$119,604
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,189
Total operating expenses derived$119,604

$33,189 − $119,604 = -$86,415

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$3,040,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$3,040,000 amortized at 6.7% over 30 years = $19,536/mo

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

Monthly Cash Flow

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

NOI derived-$86,415
Annual debt service derived$234,430
Annual CapEx reserve assumption$1,804
Annual PMI assumption$0

(-$86,415 − $234,430 − $1,804 − $0) ÷ 12 = -$26,887

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$86,415
Purchase price data$3,800,000

-$86,415 ÷ $3,800,000 = -2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$322,649
Total cash to close derived$950,000

-$322,649 ÷ $950,000 = -34.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$86,415
Annual debt service derived$234,430

-$86,415 ÷ $234,430 = -0.37

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,075
Purchase price data$3,800,000

($36,075 ÷ 12) ÷ $3,800,000 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,800,000
Gross scheduled rent (annual) comp$36,075

$3,800,000 ÷ $36,075 = 105.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$119,604
Effective gross income derived$33,189

$119,604 ÷ $33,189 = 360.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$119,604
Annual debt service derived$234,430
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,075

($119,604 + $234,430 + $0) ÷ $36,075 = 981.4%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
8967 NW 146th Tersingle_family321,889$685,0002026-09-01
15488 NW 91st Ctsingle_family331,743$570,0002026-09-01
8871 NW 114th Stsingle_family321,130$470,0002026-08-31
8727 NW 150th Tersingle_family321,721$680,0002026-08-31
10594 W 35th Lnsingle_family552,909$720,0002026-08-27
3416 W 109th Plsingle_family532,263$690,0002026-08-26
9810 NW 137th Stsingle_family553,791$2,025,0002026-08-24
8805 NW 114th Tersingle_family321,130$489,9002026-08-24
7898 W 34th Ctsingle_family321,425$570,0002026-08-21
8748 NW 143rd Tersingle_family432,087$600,0002026-08-20
7232 W 29th Waysingle_family321,319$530,0002026-08-20
11530 NW 87th Ctsingle_family321,130$497,0002026-08-19
7411 W 33rd Avesingle_family331,605$579,0002026-08-18
3573 W 93rd Plsingle_family532,808$700,0002026-08-17
7256 W 34th Lnsingle_family321,410$530,0002026-08-14
8968 NW 180th Tersingle_family553,408$900,0002026-08-14
7462 W 29th Waysingle_family321,295$545,0002026-08-13
8946 NW 176th Lnsingle_family433,238$1,340,0002026-08-12
18172 NW 91st Ctsingle_family572,878$1,315,0002026-08-12
8822 NW 112th Tersingle_family431,393$560,0002026-08-11
8889 NW 115th Stsingle_family321,380$599,9002026-08-11
8915 NW 161st Tersingle_family432,847$1,220,0002026-08-07
2834 W 75th Tersingle_family321,170$555,0002026-08-06
3281 W 70th Stsingle_family321,384$567,9002026-08-05
9002 NW 113th Stsingle_family32936$450,0002026-07-31
19291 NW 90th Ctsingle_family32958$540,0002026-07-31
16051 NW 87th Ctsingle_family332,228$1,000,0002026-07-31
8892 NW 167th Stsingle_family321,888$780,0002026-07-30
3577 W 106th Tersingle_family432,642$769,0002026-07-29
8883 NW 176th Stsingle_family321,963$790,0002026-07-28
16033 NW 87th Ctsingle_family543,050$1,200,0002026-07-24
19610 NW 88th Ctsingle_family432,269$750,0002026-07-24
8757 NW 139th Tersingle_family321,568$720,0002026-07-24
8800 NW 118th Stsingle_family321,118$475,0002026-07-24
6423412209single_family421,642$577,0002026-07-23
3254 W 78th Stsingle_family331,545$546,0002026-07-22
8724 NW 189th Tersingle_family433,280$730,0002026-07-21
15153 NW 89th Plsingle_family321,695$723,0002026-07-20
15450 NW 88th Avesingle_family543,135$1,245,0002026-07-16
16911 NW 87th Ctsingle_family421,888$785,0002026-07-14
9898 NW 133rd Stsingle_family553,914$2,100,0002026-07-10
7231 W 29th Waysingle_family321,319$490,0002026-07-09
8847 NW 180th Tersingle_family432,124$695,0002026-07-06
7387 W 30th Ctsingle_family421,349$570,0002026-07-02
3323 W 96th Plsingle_family322,025$663,0002026-06-26
3518 W 86th Tersingle_family321,920$650,0002026-06-26
3525 W 94th Stsingle_family432,528$740,0002026-06-26
14461 NW 88th Plsingle_family421,669$610,0002026-06-24
9058 NW 192nd Tersingle_family32958$525,0002026-06-22
9778 NW 128th Lnsingle_family321,715$554,0002026-06-22

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
13052 NW 102nd Avesingle_family664,250$3,949,999

10-year hold projection

IRR-12.6%
Equity multiple-1.17x
Total return (10yr)-$1,564,572
YearProperty valueNOICash flowLoan balanceEquity
1$3,914,000-$86,415-$322,649$3,007,040$906,960
2$4,031,420-$88,409-$324,688$2,971,816$1,059,604
3$4,152,363-$90,448-$326,774$2,934,173$1,218,189
4$4,276,933-$92,533-$328,906$2,893,946$1,382,988
5$4,405,241-$94,665-$331,087$2,850,955$1,554,286
6$4,537,399-$96,845-$333,316$2,805,013$1,732,386
7$4,673,521-$99,074-$335,596$2,755,916$1,917,605
8$4,813,726-$101,353-$337,927$2,703,447$2,110,279
9$4,958,138-$103,682-$340,310$2,647,376$2,310,763
10$5,106,882-$106,064-$342,747$2,587,453$2,519,429
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.