8822 Nw 150 St, Miami Lakes

Usage

Single Family

Address:

8822 Nw 150 St
Miami Lakes
FL 33018

Property Size:1,971 sq ft
Acreage:0.11
Year Built:1989
Property Class:B4
Lat, Long: 25.910, -80.344

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 8822 Nw 150 St, Miami Lakes, FL 33018
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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 Miami Lakes:

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Estimated Value: 8822 Nw 150 St

Market Data

In 2013 class A single family properties in Miami Lakes sold for $131.97 to 600.86 per sq ft with a median price per sq ft of $147.33. Class B properties sold for $84.76 to 131.96 per sq ft with a median of $108.59 and class C properties sold for $10.54 to 84.75 per sq ft with a median of $74.12.

Market Valuation

8822 Nw 150 St appears to be a B Class property. Suggested value: $228,081

HighMedianLow
Value277,167 228,081 178,029

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $107,214. 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 8822 Nw 150 St:

  • The Household Income estimate assumes the tenant has a total household income of $101,972 and spends 34% 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 $2,889
Household Income - Renters $1,598
Market Rents $1,543
Price/Ft $1,600

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 8822 Nw 150 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 Rent1,543
Annual Rent per Sq Ft9.00
Gross Annual Rent18,510
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount2,221
Maintenance1,025
HOA, Utilities and CAM0
Property Taxes3,426
Insurance2,482
Management Fees1,851
NOI7,505
Cap Rate7
Estimated Value107,214
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.

Miami Dade County, Florida
[Property Appraiser] [Tax Record]
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Local Household Income

The median household income in this part of Florida is $60,661. The bottom 10% of the population earn less than $19,742 per year. The top 10% earn more than $137,867 per year. The top 1% earn more than $428,711 per year. Most renters earn between $35,436 (20th percentile) and $56,604 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,221. Most renters earn between $2,953 and $4,717 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $967 (20th percentile) to $1,565 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 8822 Nw 150 St, Miami Lakes, FL on Zillow
  2. Recent Sales near 8822 Nw 150 St, Miami Lakes, FL on Realtor.com
  3. 8822 Nw 150 St, Miami Lakes, FL on Google Maps
  4. 8822 Nw 150 St Walkscore
  5. Miami Lakes, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Luxe Interior Couture Inc (8855 Nw 149 Terrace)
  2. Living Latina Productions LLC (8821 Nw 151st St)
  3. Navarro Realty, Ltd. (8810 Nw 150 St)
  4. D & D Navarro, Inc. (8810 Nw 150 St)
  5. Lazaro Cell Corp (15115 Nw 88th Ct)
  6. Kotel Medical Corp (15051 Royal Oaks Ln)
  7. V&V Consulting Group LLC (8831 Nw 151st St)
  8. Sorrento Retirement Fund LLC (8831 Nw 151st St)
  9. Ideal International Services, Inc. (15105 Nw 88th Ct)
  10. Ramos Architects And Associates, LLC (8837 Nw 149 Terr)
  11. In His Presence Ministries Inc. (8798 Nw 150th St)
  12. D.N. Construction Group, LLC (8810 Nw 150 Street)
  13. South Florida Real Estate Referrals, LLC (8810 Nw 150 Street)
  14. Ocean Breeze Appraisals, LLC (8941 Nw 150th Ter)
  15. Marsolucy LLC (8932 Nw 149th Ter)
  16. A New View Window Cleaning LLC (8931 Nw 150 Terrace)
  17. A New View Janitorial Corp (8931 Nw 150 Terrace)
  18. Amaro Vast Inc (8820 Nw 151st St)
  19. Quinces Con Causa, Inc. (8821 Nw 151 Street)
  20. Leo And Partners LLC (8845 Nw 149 Terrace)
  21. Mestre Management & Investment Corporation (8845 Nw 149 Terrace)
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.