8865 Nw 114 St, Hialeah Gardens

8865 Nw 114 St is a 1,214 sq ft Single Family in Hialeah Gardens. It was built in 1987. 8865 Nw 114 St sits on 0.06 acres of land. In 2014 similar properties sold for between $127,118 and $191,712. We estimate the income value of 8865 Nw 114 St at $104,900. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hialeah Gardens is in Miami Dade County, Florida.

Quick Search

Address:

8865 Nw 114 St Property Summary

8865 Nw 114 St
Hialeah Gardens
FL 33018

Property Size:1,214 sq ft
Acreage:0.06
Year Built:1987
Property Class:B4
Lat, Long: 25.877, -80.343

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.

Google Street View  of 8865 Nw 114 St, Hialeah Gardens, FL 33018
Welcome to Visulate

Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

Contact us if you want to buy or sell real estate in Hialeah Gardens:

  • Email:

Please quote reference number: 13801915 in your email

Estimated Value: 8865 Nw 114 St

Market Data

In 2014 class A single family properties in Hialeah Gardens sold for $148.20 to 500.00 per sq ft with a median price per sq ft of $165.90. Class B properties sold for $98.26 to 148.19 per sq ft with a median of $125.46 and class C properties sold for $10.66 to 98.25 per sq ft with a median of $87.19.

Market Valuation

8865 Nw 114 St appears to be a B Class property. Suggested value: $162,307

HighMedianLow
Value191,712 162,307 127,118

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $104,900. 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 8865 Nw 114 St:

  • The Household Income estimate assumes the tenant has a total household income of $62,989 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 ModelMonthly Rent
Household Income - All Households $1,837
Household Income - Renters $1,353
Market Rents $1,289
Price/Ft $1,200

Expense Estimates:

  • 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 8865 Nw 114 St. 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 Google Drive.

Amount
Monthly Rent1,289
Annual Rent per Sq Ft13.00
Gross Annual Rent15,471
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,857
Maintenance631
HOA, Utilities and CAM0
Property Taxes2,815
Insurance1,278
Management Fees1,547
NOI7,343
Cap Rate7
Estimated Value104,900
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

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 $113,722 and $142,153.

The tax assessed value of this property places it in percentile 55 of all properties in this area. This suggests it would appeal to someone earning around $62,989 per year who should qualify for a mortgage between $125,978 and $157,473.

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 between $2,904 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 55 of all properties in this area. This corresponds to a rent of $1,289 per month and a monthly household income of $3,866 ($46,392 per year)

Links

  1. 8865 Nw 114 St, Hialeah Gardens, FL on Zillow
  2. Recent Sales near 8865 Nw 114 St, Hialeah Gardens, FL on Realtor.com
  3. 8865 Nw 114 St, Hialeah Gardens, FL on Google Maps
  4. 8865 Nw 114 St Walkscore
  5. Hialeah Gardens, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Diaz Isern Lighting, Corp. (8826 Nw 114th Ter)
  2. Jm Cargo Logistics, Inc. (8810 Nw 114 Terr)
  3. Ez Cash Atm'S Corp. (8865 Nw 114 St)
  4. Hydrodry Restoration Corp (8865 Nw 114 St)
  5. Tcm Hydrolic Repairs Corp (8851 Nw 114th St)
  6. Labrada'S Cleaning, Corp. (8837 Nw 114th St)
  7. Ylm Auto Transport Inc. (8837 Nw 114th St)
  8. Mlm Therapy Corp. (8837 Nw 114th St)
  9. American Workhorse Inc (8814 Nw 113 St)
  10. Lyd Logistics, Inc. (8807 Nw 113 St)
  11. Lyonheart Holdings, LLC (11465 Nw 88 Court)
  12. South Industrial Inc (11415 Nw 88th Ct)
  13. Optisan, Corp. (3547 W 88 St)
  14. Seventh Enterprise Corp (3582 W 88 Ter)
  15. Yahvet Transport Corp (3544 West 88 Th Ter)
  16. Bounce City Bounce House, LLC (3530 W 88 Street)
  17. Knowhere Solutions LLC (7835 Sw 33 Terrace)
  18. Flora Designs Corp (2525 Indian Creek Dr)
  19. A&D Concrete Structures LLC (420 Wildmer Dr)
  20. Green Phase Investment Corp (3548 W 88th St)
  21. Coastal Rides, Inc. (2515 First Street #2)
  22. Supersteele Remodeling, LLC (554 Taylor Rd)
  23. Naturel Juice Bar Corporation (3407 W 89 Terrace)
  24. Polka Dots & Co. Monogram Inc. (222 224 E Stuart Ave)
  25. Botanica Santa Rita, Inc. (3467 W 89th Ter)
  26. Jrm Auto Pix, LLC (741 Misty Creek Dr)
  27. Renier Painting, Corp (11401 Nw 89 Ct)
  28. L Park Express LLC (11448 Nw 89 Ave)
  29. Lj Software Inc. (9454 Nw 114th Ter)
  30. The Kudos Group, Corp (9328 Nw 114th Ter)
  31. Battle Unlimited Services, Corp. (9511 Nw 114th Ln)
  32. Corespecialties LLC (9990 Coconut Rd Ste 371)
  33. Caring Cove Adult Family Care Home LLC (4110 15th Ave West)
  34. F & S Florida Group, LLC (8876 Nw 114 Terrace)
  35. Oliva Pavers Enterprise Corp. (8809 Nw 114 St)
  36. Manolo Concrete & Pumping, Inc. (8813 Nw 115 St)
  37. Clarisa Unisex #3, Corp. (8935 Nw 113 Street)
  38. Dolphin'S Towing Inc. (8916 Nw 114th St)
  39. Star Ecowash, Inc. (8902 Nw 114 Street)
  40. Leiva Rn Services, Inc. (8903 Nw 114th St)
  41. Nick'S Fitness LLC (3899 Nw 92nd Ave)
  42. Nationwide Pet Supplies LLC (8888 Nw 114 St)
  43. Date Palms Nursery, LLC (8888 Nw 113 St)
  44. Supreme Graphixs, Inc. (8868 Nw 113 St)
  45. Artistic Maintenance Services, Inc (8859 Nw 113 Street)
  46. Professional Crown Moulding Inc (8858 Nw 113 St)
  47. Casper Mechanic Services, Inc (11413 Nw 89 Court)
  48. Jorge Morales Inc (8837 Nw 115th St)
  49. Elex Art Inc (11459 Nw 89th Ct)
  50. Yilianelson Catering Services Inc (8852 Nw 114 Terr)
  51. Cjs Professional Search Services Inc. (9334 Nw 114 Terrace)
  52. P. A. R. Express, Inc. (11470 Nw 89 Avenue)
  53. Brilla Con Katy Incorporated (8900 Nw 114 Tr)
  54. Hair Legacy Inc. (9579 Nw 114 Lane)
  55. Tony'S Transfer, Inc (9466 Nw 114th Ter)
  56. J.L.R. Seafood Handling, Inc. (9414 Nw 114 Terrace)
  57. Jc Premium Services Corp (9414 Nw 114 Terrace)
  58. Kp Business Solutions LLC (8866 Nw 114 Terrace)
  59. Sasha Trucking, Corp. (9425 Nw 114th Ln)

Sales History

DateSold BySold ToDeed TypePrice
05/01/2013 Not Recorded Buyer: 9359083 Unknown 100.00
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.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.