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Single Family Residence
$560,000$272 / sqft
4241 NE 16th St, Homestead FL 33033
Listed
4
Bedrooms
3
Bathrooms
2,056 sqft
Interior
2007
Year built
$120 / mo
HOA
Single Family Residence
Type
About this home
Welcome to this beautifully maintained 4-bedroom, 2.5-bath, two-story home offering over 2,000 sq. ft. of comfortable living space in the desirable Waterstone community. The home features a spacious and functional layout, updated flooring, impact windows and doors, a one-car garage, and a generous backyard with plenty of room to entertain, relax, or create your own private outdoor retreat. Natural light fills the living areas, while the well-designed floor plan provides both privacy and flexibility for everyday living. Additional highlights include solar panels for added energy efficiency, a whole-home generator for extra peace of mind, and access to community amenities. Conveniently located near major highways, shopping, dining, schools, and everything Homestead has to offer. This home combines comfort, efficiency, and convenience in one exceptional opportunity — schedule your private showing today.
Features
- First Floor Entry
- Den/Library/Office
- Utility/Laundry In Garage
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.