OFF_MARKETRisky Deal87 days on market

1644 NW 8th Ter

1644 NW 8th Ter, Miami, FL 33125, Miami, FL 33125
$1,250,000
Zestimate®:$1,228,800

Listing Price

Property image 1
1644 NW 8th Ter, Miami, FL 33125
Loc: Miami, FL
Days Listed
87
Tax Assessed
$223k
Zestimate®
$1229k
Market Rate
Lot Size
5,923 sqft
Rent Estimate
$5,989/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

1

Citrus Grove Elementary School

PK-8
0.6 mi away
4

Miami Jackson Senior High School

9-12
2 mi away
N/A

Citrus Grove Middle School

6-8
0.6 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.85%
Total ROI
13.9%
Cash Flow
$-1,266/mo
DSCR
0.80
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-10Sold$1,100,000$417
2026-06-27Pending sale$1,250,000$473
2026-06-12Listed for sale$1,250,000$473
2026-05-27Pending sale$1,250,000$473
2026-04-07Price change$1,250,000$473
2026-02-15Listed for sale$1,450,000$549
2026-02-10Listing removed$1,500,000$568
2026-01-08Listed for sale$1,500,000$568
2026-01-05Listing removed$1,495,000$566
2025-12-17Listed for sale$1,495,000$566
2025-11-04Listing removed$1,495,000$566
2025-08-22Price change$1,495,000$566
2025-07-03Price change$1,499,000$568
2025-06-04Listed for sale$1,500,000$568
2023-10-11Listing removed$0
2023-06-28Listed for sale$425,000$161
2023-06-21Sold$235,000$89
2023-05-20Listed for sale$495,000$188
2023-05-16Sold$235
2023-03-31Pending sale$249,000$94
2023-03-18Price change$249,000$94
2023-03-11Price change$259,000$98
2022-10-11Pending sale$225,000$85
2022-09-30Listed for sale$225,000$85
2022-08-24Listing removed$225,000$85
2022-08-23Listed for sale$225,000$85
2022-08-22Listing removed$0
2006-08-28Sold$530,000$201

Tax History

YearProperty TaxTax Assessment
2025$4,462.01$223,237
2024$4,709.62$235,090
2023$5,213.16$235,117
2022$7,347.9$321,396
2021$6,609.91$292,179
2020$6,249.7$265,618
2019$5,803.92$241,471
2018$5,236.92$213,276
2017$5,236.92$193,888
2016$4,804.14$171,551
2015$3,910.45$155,956
2014$3,595.34$141,779
2013$3,984.2$141,801
2012$3,984.2$159,525
2011$4,121.93$164,507
2009$5,367.18$217,561
2007$7,606.56$328,663
2006$1,884.31$0
2005$1,884.31$0
2004$1,880.32$0
2003$1,821.88$0
2002$1,756.53$0
2001$1,756.53$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
2,640
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,250,000Rent Basis: Observed Comp Model ($5,989/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $625/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.65%

NOI: $45,651/yr

Cash-on-Cash Yield
-11.2%

On $287,500 invested

DSCR Ratio
0.59x

Negative debt coverage

5-Yr Leveraged ROI
+38.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$182/mo
Homeowner / Hazard Insurance-$625/mo
Vacancy Reserve (5% of rent)-$299/mo
Repairs & Maintenance (10% of rent)-$599/mo
Property Management (8% of rent)-$479/mo
Total Pure Operating Expenses-$2,185/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,989/mo
Less: Operating Expenses-$2,185/mo
Net Operating Income (NOI)+$3,804/mo
Less: Debt Service (30yr @ 6.75%)-$6,486/mo
Net Cash Flow
$-2,682/mo
$-32,181/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Miami.