tomo logo

$695,000

Beds
6
Baths
4.0
sq ft
1,279

71 W 42nd St, Hialeah, FL 33012

71 W 42nd St

Hialeah, FL 33012

  • <1 day on market
Introducing an unparalleled investment opportunity in the bustling area of Hialeah! This expansive property boasts 6 spacious bedrooms and 4.5 well-appointed bathrooms, offering an impressive 2,505 sqft of versatile living space. A true investor's dream, the property is currently generating a significant rental income of $6,150 per month, providing a strong and steady return on investment.Designed to maximize rental appeal, the home features ample living areas and a thoughtful layout that caters to families and professionals alike. Situated in a thriving community, this property offers proximity to key amenities, shopping centers, reputable schools, and convenient transportation links, making it highly attractive to potential tenants.

Details

Property type

Single Family Residence

Est. home value

$506,506

Lot size

8,280 sq ft

Price per sq ft

$544

Year built

1952

Annual property taxes

$6,951

Price History

01/21/2025
SEF

SEF #A11729160

Listed
$695,000
+215.91%
11/30/2016
SEF

SEF #A10146073

Sold
$220,000

Schools & Community

Elementary school: 

North Hialeah

Middle school: 

Filer;Henry

High school: 

Hialeah

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Paramount Residential Mortgage Group Inc

Loan start date

February 2019

Original loan amount

$296,000

Est. remaining balance

$264,976

Interest rate

4.63%

Loan type

New Conventional, 30 year

Seller

Maria Elena Gil

Lender

Paramount Residential Mortgage Group Inc

Loan start date

February 2019

Original loan amount

$296,000

Est. remaining balance

$264,976

Interest rate

4.63%

Loan type

New Conventional, 30 year

Seller

Maria Elena Gil

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 1:50 PM

Listing updated: 01/29/2025 at 6:20 PM

Listed by: Cynthia Florez, The Keyes Company Phone #: (786) 378-8439

MLS: SEF #A11729160

SEF logo

Recently listed in Hialeah

$550,000|3 bd|2.5 ba|Condo
$695,000|6 bd|4.0 ba|House
$575,000|3 bd|2.0 ba|House
$495,000|3 bd|2.5 ba|Townhouse