1505 Bella Casa Ct
Property Size: 1,657 sq ft
Year Built: 1977
Property Class: B3
Longitude: -80.671 Not Offered for Sale
Our records indicate this property is not currently for sale 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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Brevard County, Florida
Brevard County in located in the East Central Florida region. Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. The Kennedy Space Center is located in Brevard County and provides many jobs for the area as well as acts as a popular tourist destination. Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, and Cocoa Beach.
In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. Top public sector employers for Brevard County are Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc, United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation.
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1505 Bella Casa Ct, Merritt Island, FL on Zillow
Recent Sales near 1505 Bella Casa Ct, Merritt Island, FL on Realtor.com
1505 Bella Casa Ct, Merritt Island, FL on Google Maps
Merritt Island, FL Property Values on Trulia
Demographic Data for Zipcode 32952 from City-Data.com
Merritt Island Demographics from City-Data.com
Phone numbers and opening hours for businesses in the 32952 Zipcode Documents
1505 Bella Casa Ct Building Footprint
Building Year Built Size Usage Features
Single Family Residence
Masonry Concete Frame,
Asph/Asb Shngl Roof,
Brevard County Real Estate - Merritt Island
Merritt Island is in
East Central Florida. It's population as recorded in
the 2010 Census was 34,743. Merritt Island is approximately 46 miles from Orlando (population
238,300) and around 20 miles from Palm Bay (population 103,190).
The median age for residents of Merritt Island is 47.6. Around 26.1% of
Merritt Island households include school aged children and 34.2% of households include individuals aged 65 years or over. Census
records indicate 88.7% of the Merritt Island population are White, 4.8% are Black or African American, .4% American Indian, 2.2%
Asian and 2.5% are Two or more Races.
There are 17,036 housing units in Merritt Island. 2,282 (13.3%) of these were
reported as vacant in the 2010 Census. There are 4,298 residential rental units in Merritt Island. 3,687 of them were occupied in
2010 providing a residential rental vacancy rate of 13.8%.
Merritt Island links:
Local Household Income
The median household income in this part of Florida is $74,534.
The bottom 10% of the population earn less than $25,152 per year.
The top 10% earn more than $195,980 per year. The top 1%
earn more than $619,699 per year.
Most renters earn
between $34,104 (20th percentile)
and $64,128 (80th percentile) per year.
Source: US Census American Community Survey -
2007-2011 ACS 5-year PUMS estimates Local Rents
The median monthly rent in this part of Florida is $975.
Most renters earn
and $5,344 per month.
They typically spend 30% of their monthly income on rent.
Most rents fall in the $723 (20th percentile)
to $1,390 (80th percentile) range.
The residential vacancy rate is 11%.
Estimated Value: 1505 Bella Casa Ct
In 2013 class A single family properties in Merritt Island sold for $121.97 to
497.45 per sq ft with a median price per sq ft of
$152.10. Class B properties sold for $61.16 to
121.96 per sq ft with a median of
$88.45 and class C properties sold for $12.51 to
61.15 per sq ft with a median of $50.68.
1505 Bella Casa Ct appears to be a B Class property. Suggested value: $147,739
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 1505 Bella Casa Ct:
Household Income estimate assumes the
tenant has a total household income of $110,540 and spends 30% 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 $2,764 Household Income - Renters $1,544 Market Rents $1,327 Price/Ft $1,600
Census data records show 11% 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 1505 Bella Casa Ct.
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 1,327
Annual Rent per Sq Ft 10.00
Gross Annual Rent 15,928
Vacancies and Bad Debt 16%
Vacancies and Bad Debt Amount 2,548
HOA, Utilities and CAM 0
Property Taxes 3,740
Management Fees 1,593
Cap Rate 7
Estimated Value 77,800
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.
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.