For SaleRisky Deal37 days on market
18870 SW 294th Ter
18870 SW 294th Ter, Homestead, FL 33030, Homestead, FL 33030
$750,000
Listing Price
18870 SW 294th Ter, Homestead, FL 33030
Loc: Homestead, FL
Days Listed
37
Tax Assessed
$518k
Lot Size
0.40 acres
Type
single family
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.
3
South Dade Middle School
4-8
0.7 mi away
3
South Dade Senior High School
PK,9-12
2.4 mi away
5
Redondo Elementary School
PK-3
0.8 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
Single Family Residence1992CentralCentral Air2 Garage spaces0.40 Acres37 Days$299
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
91.8%
Cash Flow
$-70/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-70/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-09-03 | Price change | $4,250 | $2 |
| 2026-08-20 | Listed for rent | $4,500 | $2 |
| 2026-08-19 | Listed for sale | $750,000 | $299 |
| 2025-07-04 | Listing removed | $650,000 | $259 |
| 2025-01-10 | Listed for sale | $650,000 | $259 |
| 2024-12-20 | Sold | $450,000 | $179 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,474.71 | $518,123 |
| 2024 | $5,307.33 | $312,279 |
| 2023 | $5,032.3 | $303,184 |
| 2022 | $4,838.31 | $294,354 |
| 2021 | $4,810.31 | $285,781 |
| 2020 | $5,179.41 | $265,922 |
| 2019 | $2,778.28 | $169,988 |
| 2018 | $2,640.49 | $166,819 |
| 2017 | $2,640.49 | $163,388 |
| 2016 | $2,615.6 | $160,028 |
| 2015 | $2,608.72 | $158,916 |
| 2014 | $2,637.22 | $157,655 |
| 2013 | $2,620.43 | $155,326 |
| 2012 | $2,620.43 | $157,030 |
| 2011 | $2,556.73 | $152,457 |
| 2010 | $2,695.13 | $150,204 |
| 2009 | $2,457.54 | $146,256 |
| 2007 | $2,608.75 | $116,855 |
| 2006 | $2,730.29 | $0 |
| 2005 | $2,730.29 | $0 |
| 2004 | $2,685.27 | $0 |
| 2003 | $2,275.49 | $0 |
| 2002 | $2,107.37 | $0 |
| 2001 | $2,107.37 | $0 |
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