960 W 80 Pl is a 1,278 sq ft Condominium in Hialeah.
It was built in 1971. 960 W 80 Pl sits on 0.04 acres of land. In 2014 similar properties sold for between $119,284 and $184,132. We estimate the income value of 960 W 80 Pl at $96,671. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hialeah is in Miami Dade County, Florida.
960 W 80 Pl Property Summary
960 W 80 Pl
Property Size: 1,278 sq ft
Year Built: 1971
Property Class: B3
25.896, -80.303 Not Offered for Sale
This property is not currently for sale by Visulate but we may be
able to find something similar. Contact us for details.
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Estimated Value: 960 W 80 Pl
In 2014 class A condominium properties in Hialeah sold for $120.63 to
896.55 per sq ft with a median price per sq ft of
$135.06. Class B properties sold for $78.14 to
120.62 per sq ft with a median of
$97.01 and class C properties sold for $10.06 to
78.13 per sq ft with a median of $70.35.
960 W 80 Pl appears to be a B Class property. Suggested value: $148,090
High Median Low
Income Valuation - Residential/Gross Lease
Visulate estimates the income value of this property is
Details of how we produced this estimate value appear below:
The income value of a property identifies its value as a rental property,
Value = Rent - Expenses / Cap Rate. The following table shows four different
rent estimates for 960 W 80 Pl:
Household Income estimate assumes the
tenant has a total household income of $45,459 and spends 35% of this on rent. The household income estimate is derived from census
data and tax records. The
Household Income - Renters estimate performs a similar calculation based
on the household income of renters rather than all households. The
Market Rents estimate evaluates this property in comparison to rental properties in the area. The
Price/Ft estimate uses the size of the property to estimate its rent.
Click on a rent value to download a spreadsheet that estimates the NOI
(net operating income), cash on cash return, income value and IRR (internal rate of return)
for this property.
Valuation Model Monthly Rent Household Income - All Households $1,326 Household Income - Renters $1,167 Market Rents $1,125 Price/Ft $1,200
Census data records show 7% of the rental properties
in this area are vacant. We've added a 5% bad dept allowance to this.
Maintenance costs are estimated based on the size of the property.
The property tax estimate uses the
average millage rate for the county. It does not include adjustments for city or unincorporated
areas. Actual taxes may vary.
Insurance estimates are based on the size and location of the
property. They are not adjusted for age, flood zone or other risk factors
We don't have a way to estimate HOA fees. These should be added manually
The following table shows a income valuation estimate for 960 W 80 Pl.
Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and
assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to
Monthly Rent 1,125
Annual Rent per Sq Ft 11.00
Gross Annual Rent 13,497
Vacancies and Bad Debt 12%
Vacancies and Bad Debt Amount 1,620
HOA, Utilities and CAM 0
Property Taxes 1,750
Management Fees 1,350
Cap Rate 7
Estimated Value 96,671
Edit Values and Estimate Cashflow
Save to Google Drive (Google login required)
Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.
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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website
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Local Household Income
The median household income in this part of Florida is $56,861.
The bottom 10% of the population earn less than $18,284 per year.
The top 10% earn more than $130,517 per year. The top 1%
earn more than $429,754 per year.
Most renters earn
between $34,848 (20th percentile)
and $56,136 (80th percentile) per year.
Someone earning the median household income in this area is likely to qualify for a mortgage between
The tax assessed value of this property
places it in percentile 38 of all properties in this area.
This suggests it would appeal to someone earning
around $45,459 per year who should qualify for a mortgage between
Source: US Census American Community Survey -
2008-2012 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $1,220.
Most renters earn
and $4,678 per month.
They typically spend 35% of their monthly income on rent.
Most rents fall in the $956 (20th percentile)
to $1,586 (80th percentile) range.
The residential vacancy rate is 7%.
This property falls in percentile 38 of all properties in this area. This corresponds to a rent of $1,125 per month and a monthly household income of $3,334
($40,008 per year)
960 W 80 Pl, Hialeah, FL on Zillow
Recent Sales near 960 W 80 Pl, Hialeah, FL on Realtor.com
960 W 80 Pl, Hialeah, FL on Google Maps
960 W 80 Pl Walkscore
Hialeah, FL Property Values on Trulia
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Companies near this Address
Jp Connect, Inc.
(934 W 81 Place)
(999 West 80 Pl)
Myl Remodeling, Corp.
(995 W 80th Pl)
Everything For Floors, Inc
( 998 W 80 Pl)
Albertin G. Corp.
( 997 W 79 Pl)
Leonel Milan Co.
(984 W 79th Pl)
Jy Business, Corp.
(968 W 80th Pl)
Monge Corp Inc.
(973 W 79 St)
Professional Hands Therapy Corp.
(965 W 79 Pl)
Harmony Simply Care Inc
(965 W 79 Pl)
Lago Transfer Corp
(957 W 80th Pl)
Crating And Packing Inc.
(957 W 79th Pl)
B & J Tellez Remodeling And Construction Inc
(945 West 80th Pl)
Fc Consulting And Advisory Inc
(937 W 80 Pl)
Ramirez Hair Services, LLC
(930 W 80th Pl)
Boss Life Bullies Inc.
(930 W 80th Pl)
E. Ramirez Enterprises Inc.
(930 W 80th Pl)
Una Casa En La Roca, Inc.
(937 W 79th St)
Management Layr, Corp
(932 West 79 Place)
Date Sold By Sold To Deed Type Price
Disclaimers and Disclosures
Public Records Data
The information on this page was compiled from public records.
It is deemed reliable but not guaranteed to be an accurate snapshot of the
property details at the time the snapshot was taken. All information should be independently verified.
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