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Single Family Residence
$2,399,000$705 / sqft
1841 NE 196th Ter, Miami FL 33179
Listed
4
Bedrooms
4
Bathrooms
3,401 sqft
Interior
1961
Year built
None
HOA
Single Family Residence
Type
About this home
Discover this exceptional two-story residence in desirable Greyknoll Estates, situated on an expansive approximately 15,000-square-foot lot. Offering approximately 4,000 square feet of living space, this home features a beautifully renovated chef's kitchen with a Wolf gas range, double ovens, custom cabinetry, premium appliances, and an elegant marble countertop. Updated flooring on the main level and abundant natural light enhance the spacious interiors. Four bedrooms are located downstairs, including two with ensuite bathrooms. The upstairs primary suite features an enclosed balcony, a generous walk-in closet, and an expansive primary bathroom. Additional highlights include a roof installed in 2017 and ample space for entertaining. An exceptional opportunity to own a distinctive home in Greyknoll Estates!
Features
- First Floor Entry
- Cooking Island
- Pantry
- 3 Bedroom Split
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Lighting
- Fruit Trees
- Room For Pool
- Pool
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.