For SaleRisky Deal6 days on market
2967 NE 42nd Ave
2967 NE 42nd Ave, Homestead, FL 33033, Homestead, FL 33033
$500,000
Estimate®:$496,200
Listing Price
2967 NE 42nd Ave, Homestead, FL 33033
Loc: Homestead, FL
Days Listed
6
Tax Assessed
$534k
Estimate®
$496k
Market Rate
Lot Size
5,264 sqft
Rent Estimate
$4,051/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.
5
Mandarin Lakes K-8 Academy
PK-8
1.6 mi away
3
Homestead Senior High School
PK,9-12
4.4 mi away
5
Redland Middle School
6-8
3.7 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
Mediterraneanstucco exteriortwo-storytiled roofattached garagepaved drivewayarched windowsresidentialsuburbanlandscaped lawnpalm treesspacioustraditional architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.84%
Total ROI
85.8%
Cash Flow
$-161/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-161/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $500,000 | $192 |
| 2026-09-14 | Listing removed | $5,000 | $2 |
| 2026-09-02 | Listed for sale | $5,000 | $2 |
| 2026-06-04 | Listing removed | $610,000 | $234 |
| 2025-06-07 | Listed for sale | $610,000 | $234 |
| 2025-06-03 | Listing removed | $4,900 | $2 |
| 2025-01-22 | Price change | $4,900 | $2 |
| 2024-10-16 | Listed for rent | $5,300 | $2 |
| 2022-08-19 | Sold | $625,000 | $240 |
| 2022-08-10 | Listed for sale | $619,900 | $238 |
| 2022-07-24 | Pending sale | $619,900 | $238 |
| 2022-06-10 | Contingent | $619,900 | $238 |
| 2022-05-15 | Listed for sale | $619,900 | $238 |
| 2018-07-12 | Sold | $293,000 | $113 |
| 2018-04-26 | Sold | $293,000 | $113 |
| 2018-03-03 | Pending sale | $298,000 | $114 |
| 2018-01-12 | Listing removed | $2,200 | $1 |
| 2017-12-26 | Listed for rent | $2,200 | $1 |
| 2017-10-20 | Price change | $298,000 | $114 |
| 2017-10-12 | Price change | $320,000 | $123 |
| 2017-09-27 | Listed for sale | $330,000 | $127 |
| 2017-08-25 | Listing removed | $365,000 | $140 |
| 2017-08-14 | Price change | $365,000 | $140 |
| 2017-08-09 | Price change | $375,000 | $144 |
| 2017-06-12 | Listed for sale | $380,000 | $146 |
| 2017-05-16 | Sold | $250,000 | $96 |
| 2013-07-30 | Sold | $179,200 | $69 |
| 2013-05-22 | Sold | $145,700 | $56 |
| 2004-12-30 | Sold | $280,000 | $108 |
| 2004-11-09 | Sold | $202,000 | $78 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $13,471.4 | $534,276 |
| 2024 | $12,852.82 | $513,497 |
| 2023 | $12,696.93 | $502,527 |
| 2022 | $1,917.42 | $248,107 |
| 2021 | $2,007.96 | $240,881 |
| 2020 | $1,515.12 | $237,556 |
| 2019 | $1,515.12 | $232,216 |
| 2018 | $6,337.97 | $224,584 |
| 2017 | $6,337.97 | $221,162 |
| 2016 | $6,329.42 | $201,057 |
| 2015 | $5,485.74 | $164,756 |
| 2014 | $4,988.2 | $149,779 |
| 2012 | $3,209.53 | $123,834 |
| 2011 | $3,376.8 | $124,409 |
| 2010 | $3,600.83 | $128,865 |
| 2009 | $4,805.09 | $197,170 |
| 2007 | $4,799.02 | $166,237 |
| 2006 | $5,408.94 | $0 |
| 2005 | $5,408.94 | $0 |
| 2004 | $1,961.32 | $0 |
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