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Single Family Residence
$720,000$277 / sqft
2964 NE 42nd Ave, Homestead FL 33033
Listed
4
Bedrooms
4
Bathrooms
2,603 sqft
Interior
2004
Year built
$170 / mo
HOA
Single Family Residence
Type
About this home
Enjoy year round Florida sunshine in this beautifully maintained 4-bedroom, 3.5-bath single family home, offering more than 2,600 sq. ft. of comfortable and elegant living space. Located in the desirable gated community of Stonebrook at Waterstone, this residence features a 2-car garage and a private, heated saltwater pool, perfect for relaxing or entertaining. The spacious second floor master suite offers two walk-in closets and a beautifully appointed bathroom with dual sinks, a separate bath tub, and a walk-in shower. The home features a combination of tile, wood, and vinyl flooring throughout, along with updated bathrooms and a well-designed layout. Step outside to enjoy the private pool and granite pool deck. The property also features fencing, awning, gutters, and a camera security system with hardware included. Residents of Waterstone enjoy an array of community amenities, including a swimming pool, fitness center, jogging/walking paths, and recreation room. Conveniently located near Homestead Air Reserve Base, the Florida Turnpike, shopping, restaurants, and everyday conveniences. Pets are welcome. A wonderful opportunity to enjoy spacious living, desirable amenities, and the relaxed South Florida lifestyle in a sought-after gated community.
Features
- First Floor Entry
- Cooking Island
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- Den/Library/Office
- Utility/Laundry In Garage
- Pool
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.