1945 Monroe St is a 1,782 sq ft Single Family in Hollywood.
It was built in 1935. 1945 Monroe St sits on 0.13 acres of land. In 2014 similar properties sold for between $13,218 and $125,658. We estimate the income value of 1945 Monroe St at $38,067. The assumptions we used to calculate this value are include in the spreadsheet linked below. Hollywood is in Broward County, Florida.
1945 Monroe St Property Summary
1945 Monroe St
Property Size: 1,782 sq ft
Year Built: 1935
Property Class: C2
26.008, -80.146 Not Offered for Sale
This property is not currently for sale by Visulate but we may be
able to find something similar. Contact us for details.
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Visulate is a real estate brokerage based in Merrit Island, Florida.
We have assembled a database with details of every property in Florida.
Finding the property on our site does not necessarily mean it is for sale or rent at this time.
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Estimated Value: 1945 Monroe St
In 2014 class A single family properties in Hollywood sold for $146.86 to
946.72 per sq ft with a median price per sq ft of
$162.54. Class B properties sold for $96.60 to
146.85 per sq ft with a median of
$122.43 and class C properties sold for $10.16 to
96.59 per sq ft with a median of $87.16.
1945 Monroe St appears to be a C Class property. Suggested value: $113,390
High Median Low
Income Valuation - Residential/Gross Lease
Visulate estimates the income value of this property is
Details of how we produced this estimate value appear below:
The income value of a property identifies its value as a rental property,
Value = Rent - Expenses / Cap Rate. The following table shows four different
rent estimates for 1945 Monroe St:
Household Income estimate assumes the
tenant has a total household income of $42,354 and spends 37% of this on rent. The household income estimate is derived from census
data and tax records. The
Household Income - Renters estimate performs a similar calculation based
on the household income of renters rather than all households. The
Market Rents estimate evaluates this property in comparison to rental properties in the area. The
Price/Ft estimate uses the size of the property to estimate its rent.
Click on a rent value to download a spreadsheet that estimates the NOI
(net operating income), cash on cash return, income value and IRR (internal rate of return)
for this property.
Valuation Model Monthly Rent Household Income - All Households $1,306 Household Income - Renters $1,018 Market Rents $909 Price/Ft $849
Census data records show 8% of the rental properties
in this area are vacant. We've added a 5% bad dept allowance to this.
Maintenance costs are estimated based on the size of the property.
The property tax estimate uses the
average millage rate for the county. It does not include adjustments for city or unincorporated
areas. Actual taxes may vary.
Insurance estimates are based on the size and location of the
property. They are not adjusted for age, flood zone or other risk factors
We don't have a way to estimate HOA fees. These should be added manually
The following table shows a income valuation estimate for 1945 Monroe St.
Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and
assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to
Monthly Rent 909
Annual Rent per Sq Ft 6.00
Gross Annual Rent 10,913
Vacancies and Bad Debt 13%
Vacancies and Bad Debt Amount 1,419
HOA, Utilities and CAM 0
Property Taxes 2,915
Management Fees 1,091
Cap Rate 9
Estimated Value 38,067
Edit Values and Estimate Cashflow
Save to Google Drive (Google login required)
Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.
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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website
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Local Household Income
The median household income in this part of Florida is $53,813.
The bottom 10% of the population earn less than $16,870 per year.
The top 10% earn more than $141,428 per year. The top 1%
earn more than $403,225 per year.
Most renters earn
between $27,960 (20th percentile)
and $49,248 (80th percentile) per year.
Someone earning the median household income in this area is likely to qualify for a mortgage between
The tax assessed value of this property
places it in percentile 39 of all properties in this area.
This suggests it would appeal to someone earning
around $42,354 per year who should qualify for a mortgage between
Source: US Census American Community Survey -
2008-2012 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $1,007.
Most renters earn
and $4,104 per month.
They typically spend 37% of their monthly income on rent.
Most rents fall in the $761 (20th percentile)
to $1,450 (80th percentile) range.
The residential vacancy rate is 8%.
This property falls in percentile 39 of all properties in this area. This corresponds to a rent of $909 per month and a monthly household income of $2,750
($33,000 per year)
1945 Monroe St, Hollywood, FL on Zillow
Recent Sales near 1945 Monroe St, Hollywood, FL on Realtor.com
1945 Monroe St, Hollywood, FL on Google Maps
1945 Monroe St Walkscore
Hollywood, FL Property Values on Trulia
Search for EPA and DEP Cleanup Sites Owner Details
Companies near this Address
Yomeir Heights Inc
( 1938 Jackson St)
The Barclay Arms Condominum Apartments, Inc.
( 1943 Monroe St)
Bona Fortuna Condominium Apts., Inc.
( 1937 Jackson St)
A. B. C. Tank Lines, LLC
( 1921 Monroe St)
Invest Concept Usa LLC
(1915 Monroe Street #2)
Premier Image Pool Care LLC
(1915 Monroe St)
2238 Arthur Street, LLC
(1912 Monroe St Unit 306)
Saymax Comunicaciones LLC
(2000 Monroe St)
Argentina E. Mccormack, Pa
(434 S 20th Ave)
(2008 Jackson St D4)
C J Restoration Inc.
(2008 Jackson St)
Pixelium Digital Imaging Inc.
( 1990 Jackson St)
Tall Gypsy, LLC
(1990 Jackson St)
Pier 43 Condominium Association, Inc.
( 2008 Jackson St)
First Romanian Baptist Church Of Florida, Inc.
( 1950 Van Buren St)
Df Loan Services LLC
(2032 Monroe St)
Road Runner 1992 Inc.
( 2015 Monroe St)
South Mountain Media LLC
(2019 Jackson St)
Monroe Garden Apts Inc
( 1915 Monroe St)
Rebalance Management Group, LLC
( 1912 Monroe St)
Palm Haven Towers Condominium, Inc.
( 1912 Monroe St)
Bliss Life LLC
( 1912 Monroe St)
Bavaria Apartments, Inc.
( 1930 Jackson St)
Dean Michaels Entertainment, LLC
( 1930 Jackson St)
Cardenas Rentals LLC
(2009 Monroe St)
Disclaimers and Disclosures
Public Records Data
The information on this page was compiled from public records.
It is deemed reliable but not guaranteed to be an accurate snapshot of the
property details at the time the snapshot was taken. All information should be independently verified.
The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.
In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.