966 Ne 37 Ave, Homestead

966 Ne 37 Ave is a 1,465 sq ft Single Family in Homestead. It was built in 2005. 966 Ne 37 Ave sits on 0.08 acres of land. In 2013 similar properties sold for between $14,506 and $71,298. We estimate the income value of 966 Ne 37 Ave at $62,744. The assumptions we used to calculate this value are include in the spreadsheet linked below. Homestead is in Miami Dade County, Florida.

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966 Ne 37 Ave Property Summary

966 Ne 37 Ave
Homestead
FL 33033

Property Size:1,465 sq ft
Acreage:0.08
Year Built:2005
Property Class:C2
Lat, Long: 25.479, -80.422

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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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.

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Estimated Value: 966 Ne 37 Ave

Market Data

In 2013 class A single family properties in Homestead sold for $77.80 to 966.03 per sq ft with a median price per sq ft of $89.06. Class B properties sold for $49.16 to 77.79 per sq ft with a median of $63.65 and class C properties sold for $10.00 to 49.15 per sq ft with a median of $43.42.

Market Valuation

966 Ne 37 Ave appears to be a C Class property. Suggested value: $62,986

HighMedianLow
Value71,298 62,986 14,506

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $62,744. 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 966 Ne 37 Ave:

  • The Household Income estimate assumes the tenant has a total household income of $52,941 and spends 37% 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 $1,632
Household Income - Renters $1,035
Market Rents $1,029
Price/Ft $850

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 966 Ne 37 Ave. 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 Rent1,029
Annual Rent per Sq Ft8.00
Gross Annual Rent12,344
Vacancies and Bad Debt12%
Vacancies and Bad Debt Amount1,481
Maintenance762
HOA, Utilities and CAM0
Property Taxes1,623
Insurance1,597
Management Fees1,234
NOI5,647
Cap Rate9
Estimated Value62,744
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 $47,500. The bottom 10% of the population earn less than $12,472 per year. The top 10% earn more than $125,763 per year. The top 1% earn more than $358,803 per year. Most renters earn between $21,732 (20th percentile) and $45,408 (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 $992. Most renters earn between $1,811 and $3,784 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $621 (20th percentile) to $1,456 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 966 Ne 37 Ave, Homestead, FL on Zillow
  2. Recent Sales near 966 Ne 37 Ave, Homestead, FL on Realtor.com
  3. 966 Ne 37 Ave, Homestead, FL on Google Maps
  4. 966 Ne 37 Ave Walkscore
  5. Homestead, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Scotchiemojo, LLC (2000 Joshua Dr)
  2. 3 G Contracting LLC (375 Vanderheide Rd)
  3. Realtime Stenography Solutions, LLC (959 Ne 37th Ave)
  4. L&K Trading LLC (5226 Frederick Rd)
  5. Church Of Divinity, Inc. (3916 Nw 34h Pl)
  6. St. John Rugby, LLC (501 West Broadway)
  7. Little Multilingual Station, LLC (345 Ne 37th Ave)
  8. D'Infinity Allure LLC (3766 Ne 10th St)
  9. Victory Lane Ministry, Corp. (3778 Ne 9th Ct)
  10. South Florida Electrical Engineering Inc (979 Ne 36 Avenue)
  11. Bermol Logistics Corp (3767 Ne 10 St)
  12. Tinto Print Inc. (948 Ne 36th Ave)
  13. Torre Fuerte Homestead Church, Inc. (948 Ne 36 Avenue)
  14. Snapper Creek Managment Company, Inc. (931 Ne 36 Avenue)
  15. Icm International Corp. (925 Ne 36th Ave)
  16. Two Brothers Express Corp (3705 Ne 10 Ct)
  17. Pf Homestead, LLC (2620 Ne 10th Ct)
  18. Navarro Discount Pharmarcies No. 34, LLC (2614 Ne 10 Court)
  19. Viacrucis Anesthesia LLC (1024 Ne 37th Ave)
  20. Irja Properties, LLC (382 Ne 37 Ave)
  21. Majestic Appraisals Inc (3719 Ne 10th St)
  22. Serna Home Maintenance, Inc. (381 Ne 37th Pl)
  23. Turon, L.L.C. (3767 Ne 10th St)
  24. Yuruba Enterprises Inc (918 Ne 36 Ave)
  25. Balsalobre, Corp. (3706 Ne 9 Ct)
  26. Tcp Investments LLC (3718 Ne 9 Court)
  27. Ami Soeur, LLC (3029 Pinetree)
  28. M.I.C Management Solutions L.L.C. (3736 Ne 9th Ct)
  29. Florida Sunshine Sushi, Inc. (919 Ne 36th Ave)
  30. Operation Ptsd Inc (515 Se 37th Pl)
  31. Angueira Corp (515 Se 37th Pl)

Sales History

DateSold BySold ToDeed TypePrice
12/01/2011 Not Recorded Buyer: 7533408 Unknown 70,000.00
04/01/2012 Not Recorded Buyer: 7533408 Unknown 115,000.00
04/01/2012 Seller: 7533408 Not Recorded Unknown 115,000.00
11/01/2012 Not Recorded Buyer: 8016957 Unknown 165,000.00
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.