Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
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
$2,315
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.
Elementary School
2
/10
Jesse J. McCrary, Jr. Elementary School
514 NW 77th St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
Middle School
2
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school0.53 miles
Public Magnet Grades 6-8
High School
2
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school1.20 miles
Public Magnet Grades 9-12
Assigned Schools
2
/10
Jesse J. McCrary, Jr. Elementary School
514 NW 77th St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
Nearby Schools
3
/10
Arcola Lake Elementary School
1037 NW 81st St
Distance between this listing and this school0.74 miles
Public District Grades PK-5
5
/10
Edison Park K-8 Center
500 NW 67th St
Distance between this listing and this school0.93 miles
Public District Grades PK-5
Assigned Schools
2
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school0.53 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Allapattah Middle School
1331 NW 46th St
Distance between this listing and this school2.38 miles
Public District Grades 6-8
2
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school2.90 miles
Public District Grades 6-8
Assigned Schools
2
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school1.20 miles
Public Magnet Grades 9-12
Nearby Schools
3
/10
Miami Northwestern Senior High School
1100 NW 71st St
Distance between this listing and this school1.02 miles
Public Magnet Grades 9-12
2
/10
Miami Central Senior High School
1781 NW 95th St
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $17,993. Most Miami, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 265 NW 81st St in Miami, FL and zip code 33150 in the West Little River neighborhood. This 1,876 square foot home was built in 1930. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $750,000.
While more than 115 listings in Miami, FL in March 2024 were sold above asking price, there were more than 149 listings sold at asking price, and more than 619 were sold below. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.
From Rocket Homes Real Estate and based on county public records data.