For SaleRisky Deal5 days on market
11234 SW 244th Ter
11234 SW 244th Ter, Homestead, FL 33032, Homestead, FL 33032
$450,000
Estimate®:$447,300
Listing Price
11234 SW 244th Ter, Homestead, FL 33032
Loc: Homestead, FL
Days Listed
5
Tax Assessed
$354k
Estimate®
$447k
Market Rate
Lot Size
6,272 sqft
Rent Estimate
$2,973/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.
3
Coconut Palm K-8 Academy
PK-8
1.3 mi away
3
Homestead Senior High School
PK,9-12
8.3 mi away
5
Redland Middle School
6-8
4.9 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
ranch-stylestucco exteriortile roofresidential suburbansingle-storymature landscapinggated neighborhoodlush vegetationpalm treesfamily-orientedprivate backyardwell-maintainedtropical climate
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.73%
Total ROI
61.8%
Cash Flow
$-560/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-560/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Homestead, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $450,000 | $356 |
| 2006-04-10 | Sold | $295,000 | $233 |
| 2002-04-02 | Sold | $119,900 | $95 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,010.82 | $103,065 |
| 2024 | $1,964.17 | $100,161 |
| 2023 | $1,772.12 | $97,244 |
| 2022 | $1,793.62 | $94,412 |
| 2021 | $1,743.4 | $91,663 |
| 2020 | $1,726.22 | $90,398 |
| 2019 | $1,688.11 | $88,366 |
| 2018 | $1,607.39 | $86,719 |
| 2017 | $1,607.39 | $84,936 |
| 2016 | $1,615.72 | $83,190 |
| 2015 | $1,599.53 | $82,612 |
| 2014 | $1,617.83 | $81,957 |
| 2013 | $1,544.66 | $80,746 |
| 2012 | $1,544.66 | $79,397 |
| 2011 | $1,808.4 | $92,315 |
| 2010 | $1,969.93 | $97,398 |
| 2009 | $3,109.61 | $164,040 |
| 2007 | $4,675.54 | $211,711 |
| 2006 | $3,018.09 | $0 |
| 2005 | $3,018.09 | $0 |
| 2004 | $2,972.34 | $0 |
| 2003 | $634.9 | $0 |
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