For SaleRisky Deal6 days on market
967 NE 42nd Ave
967 NE 42nd Ave, Homestead, FL 33033, Homestead, FL 33033
$390,000
Listing Price
967 NE 42nd Ave, Homestead, FL 33033
Loc: Homestead, FL
Days Listed
6
Tax Assessed
$310k
Type
townhouse
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Mandarin Lakes K-8 Academy
PK-8
2.5 mi away
3
Homestead Senior High School
PK,9-12
3.5 mi away
5
Redland Middle School
6-8
4.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modernopen conceptkitchen islandstaircaseminimaliststone veneercontemporarystainless steel applianceswhite cabinetrytile flooringrecessed lightingspaciousneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.6%
Cash Flow
$-69/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-69/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Homestead
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $390,000 | $268 |
| 2021-08-31 | Sold | $315,000 | $216 |
| 2018-03-23 | Listing removed | $1,580 | $1 |
| 2018-02-20 | Listed for rent | $1,580 | $1 |
| 2016-02-16 | Sold | $150,000 | $103 |
| 2005-11-14 | Sold | $228,500 | $157 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,177.39 | $250,700 |
| 2024 | $6,789.79 | $243,635 |
| 2023 | $6,655.75 | $236,539 |
| 2022 | $6,405.7 | $229,650 |
| 2021 | $6,173.02 | $170,500 |
| 2020 | $5,517.11 | $162,465 |
| 2019 | $5,360.05 | $154,800 |
| 2018 | $4,981.25 | $141,592 |
| 2017 | $4,981.25 | $128,720 |
| 2016 | $4,696.27 | $106,093 |
| 2015 | $4,179.17 | $96,449 |
| 2014 | $3,960.78 | $87,681 |
| 2013 | $3,130.97 | $79,710 |
| 2012 | $3,130.97 | $59,380 |
| 2011 | $3,232.6 | $62,378 |
| 2010 | $3,234.16 | $66,878 |
| 2009 | $3,592.42 | $97,750 |
| 2007 | $6,076.69 | $219,040 |
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