Exceptional duplex in a prime location within walking distance to Whole Foods! This tastefully remodeled property offers an outstanding investment opportunity with a potential 7% cap rate. Each unit has been thoughtfully upgraded, including a brand new roof, creating a fresh and modern atmosphere. Private pool area adds a luxurious touch for residents, enhancing rental appeal and lifestyle quality. Conveniently close to shops, dining, and entertainment, making it a desirable choice for tenants. Ideal for investors or owner-occupants looking to maximize returns while enjoying a beautifully renovated space.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,034
Per Month
Principal & Interest
$4,967
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,050
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
W. J. Bryan Elementary School
1201 NE 125th St
Distance between this listing and this school0.18 miles
Public Magnet Grades PK-5
7
/10
Arch Creek Elementary School
702 NE 137th St
Distance between this listing and this school0.77 miles
Public District Grades PK-5
7
/10
Natural Bridge Elementary School
1650 NE 141st St
Distance between this listing and this school0.98 miles
Public District Grades PK-5
Nearby Schools
5
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school0.77 miles
Public Magnet Grades 6-8
4
/10
Thomas Jefferson Middle School
525 NW 147th St
Distance between this listing and this school2.41 miles
Public District Grades 6-8
3
/10
Sports Leadership and Management (Slam) Middle School - Nort
16551 NE 16th Ave
Distance between this listing and this school2.42 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school0.56 miles
Public Magnet Grades 9-12
8
/10
Doctors Charter School of Miami Shores
11301 NW 5th Ave
Distance between this listing and this school2.19 miles
Public Charter Grades 6-12
1
/10
C. G. Bethel High School
16150 NE 17th Ave
Distance between this listing and this school2.20 miles
The neighbors living near this home have an average income of $26,741. Residents of North Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 12800 NE 12th Ave in North Miami, FL and zip code 33161. This 2,038 square foot home was built in 1950. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $995,000.
Over 1 listings were sold over their listed price in October 2024 in North Miami, FL. In the same period over 27 listings were sold below the listed price and 1 listings were sold for the listed price. In October 2024 in North Miami, FL there were 4.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $425,000.
From Rocket Homes Real Estate and based on county public records data.