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Single Family Residence
$599,900$231 / sqft
1240 NE 41st Pl, Homestead FL 33033
Listed
4
Bedrooms
4
Bathrooms
2,599 sqft
Interior
2005
Year built
$125 / mo
HOA
Single Family Residence
Type
About this home
Rarely available in Waterstone's private Stonebrook II Community. Will not last! Just minutes from Biscayne National Park with marina access and beach area! Easy access to the turnpike! Fabulous large home with 4 bedrooms, 3.5 baths. Single Family Home with about 2700 Sq Ft. Beautiful laminated floors upstairs, second floor. Spanish tiles downstairs for added character. Large kitchen with spacious counters. Upgraded stainless steel appliances, Samsung smart refrigerator, double oven, dishwasher, microwave. Front load washer and dryer. Spacious covered backyard porch to enjoy the lovely outdoors. Includes storm metal panels. AC 4 years. Tankless water heater. Solar panels. Original roof. This home boasts double balconies and additional flex patio area. Very private community double gated and home is completely fenced. Do not miss this opportunity! Close distance to local hospital, food market, restaurants, retail stores, and entertainment. Enjoy the close proximity to sandy beaches, marina, and hidden gem Biscayne National Park. Prime location close proximity to the entrance of the Florida Keys for fabulous boating and water activities. Down the road from The Homestead - Miami Speedway for car fans! This town has a Vibrant and Historic Downtown area for even more entertaining. Waterstone Community HOA boasts two pools, exercise room, spa, clubhouse, children's playgrounds, manned gate, walking trails, ponds, and so much more! HOA buyer application required. Sold AS-IS.
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- Attic
- Family Room
- Utility/Laundry In Garage
- Fruit Trees
- Open Balcony
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.