1078 Hermosa Way is a 2,742 sq ft Single Family in Kissimmee.
It was built in 2007. 1078 Hermosa Way sits on 0.13 acres of land. In 2014 similar properties sold for between $161,507 and $250,990. We estimate the income value of 1078 Hermosa Way at $110,914. The assumptions we used to calculate this value are include in the spreadsheet linked below. Kissimmee is in Osceola County, Florida.
1078 Hermosa Way Property Summary
1078 Hermosa Way
Property Size: 2,742 sq ft
Year Built: 2007
Property Class: B4
28.281, -81.325 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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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: 1078 Hermosa Way
In 2014 class A single family properties in Kissimmee sold for $89.43 to
566.93 per sq ft with a median price per sq ft of
$113.42. Class B properties sold for $57.54 to
89.42 per sq ft with a median of
$72.61 and class C properties sold for $10.08 to
57.53 per sq ft with a median of $52.60.
1078 Hermosa Way appears to be a B Class property. Suggested value: $203,807
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 1078 Hermosa Way:
Household Income estimate assumes the
tenant has a total household income of $103,172 and spends 36% 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 $3,095 Household Income - Renters $1,568 Market Rents $1,495 Price/Ft $2,226
Census data records show 9% 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 1078 Hermosa Way.
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 1,495
Annual Rent per Sq Ft 7.00
Gross Annual Rent 17,936
Vacancies and Bad Debt 14%
Vacancies and Bad Debt Amount 2,511
HOA, Utilities and CAM 0
Property Taxes 2,928
Management Fees 1,794
Cap Rate 7
Estimated Value 110,914
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.
Search County Property Tax and Court Records
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 $52,530.
The bottom 10% of the population earn less than $19,068 per year.
The top 10% earn more than $121,224 per year. The top 1%
earn more than $405,093 per year.
Most renters earn
between $28,224 (20th percentile)
and $49,128 (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 85 of all properties in this area.
This suggests it would appeal to someone earning
around $103,172 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 $1,038.
Most renters earn
and $4,094 per month.
They typically spend 36% of their monthly income on rent.
Most rents fall in the $808 (20th percentile)
to $1,401 (80th percentile) range.
The residential vacancy rate is 9%.
This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,495 per month and a monthly household income of $4,354
($52,248 per year)
1078 Hermosa Way, Kissimmee, FL on Zillow
Recent Sales near 1078 Hermosa Way, Kissimmee, FL on Realtor.com
1078 Hermosa Way, Kissimmee, FL on Google Maps
1078 Hermosa Way Walkscore
Kissimmee, FL Property Values on Trulia
Search for EPA and DEP Cleanup Sites Owner Details
Companies near this Address
Luisa' S Closet LLC
(997 Costa Mesa Ln)
Hashtag Education, LLC
(1072 Hermosa Way)
Legacy Cleaning Services, Inc.
(3006 Whimsical Ln)
(3005 Whimsical Ln)
Wet Coat Painting Inc.
(1068 Hermosa Way)
Juan Caban Serrano Pa
(1059 Hermosa Way)
Fusion Technologies Group, LLC
(1000 Costa Mesa Ln)
Fresh Coat Painting, Inc.
(1086 Hermosa Way)
(1020 Costa Mesa Ln)
Date Sold By Sold To Deed Type Price
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.