1535 Waterwood Dr
Property Size: 3,408 sq ft
Year Built: 1989
Property Class: B3
Longitude: -82.425 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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Pasco County, Florida
Pasco County is part of the Tampa Bay region of Florida. Pasco County lists agri-business, logistics, defense, and medical/biomedical/life sciences as its targeted industries. Pasco County's largest public sector employers are Pasco County School District, Pasco County Government, Pasco County Sheriff, State of Florida, and the Federal Government. Main private sector employers are Pall Aeropower Corporation; Zephyrhills Spring Water Co; VLOC, Subsidiary of II-VI, Inc; Zephy Egg LLC, and Preferred Materials, Inc. Pasco County cities include Aripeka, Bayonet Point, Crystal Springs, Dade City (County Seat), Elfers, Gulf Harbors, Holiday, Hudson, Lacoochee, New Port Richey, Odessa, Port Richey, San Antonio, Trinity, and Zephyrhills.
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1535 Waterwood Dr, Lutz, FL on Zillow
Recent Sales near 1535 Waterwood Dr, Lutz, FL on Realtor.com
1535 Waterwood Dr, Lutz, FL on Google Maps
Lutz, FL Property Values on Trulia
Demographic Data for Zipcode 33559 from City-Data.com
Lutz Demographics from City-Data.com
Phone numbers and opening hours for businesses in the 33559 Zipcode Owner Details
Companies near this Address
Caspar Consulting Inc.
(1640 Woodridge Ct)
Tlc Enterprises Group, LLC
(1527 Waterwood Dr)
Hillsborough County Real Estate - Lutz
Lutz is in the
Tampa Bay region of Florida. It's population as
recorded in the 2010 Census was 19,344. Lutz is approximately 14 miles from Tampa (population
335,709) and around 25 miles from Clearwater Beach (population 107,685).
The median age for residents of Lutz is 43.3. Around 33.2% of
Lutz households include school aged children and 23.7% of households include individuals aged 65 years or over. Census records
indicate 88.7% of the Lutz population are White, 4.8% are Black or African American, .3% American Indian, 2.4% Asian and 2% are Two
or more Races.
There are 7,822 housing units in Lutz. 572 (7.3%) of these were reported as vacant in the 2010 Census.
There are 1,343 residential rental units in Lutz. 1,174 of them were occupied in 2010 providing a residential rental vacancy rate
Local Household Income
The median household income in this part of Florida is $63,091.
The bottom 10% of the population earn less than $22,299 per year.
The top 10% earn more than $142,217 per year. The top 1%
earn more than $457,939 per year.
Most renters earn
between $30,456 (20th percentile)
and $62,868 (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 $957.
Most renters earn
and $5,239 per month.
They typically spend 31% of their monthly income on rent.
Most rents fall in the $662 (20th percentile)
to $1,473 (80th percentile) range.
The residential vacancy rate is 6%.
Estimated Value: 1535 Waterwood Dr
In 2013 class A single family properties in Lutz sold for $98.27 to
738.92 per sq ft with a median price per sq ft of
$112.95. Class B properties sold for $58.07 to
98.26 per sq ft with a median of
$77.31 and class C properties sold for $10.09 to
58.06 per sq ft with a median of $51.81.
1535 Waterwood Dr appears to be a B Class property. Suggested value: $199,449
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 1535 Waterwood Dr:
Household Income estimate assumes the
tenant has a total household income of $128,366 and spends 31% 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 $3,316 Household Income - Renters $1,740 Market Rents $1,622 Price/Ft $2,224
Census data records show 6% 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 1535 Waterwood Dr.
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 1,622
Annual Rent per Sq Ft 6.00
Gross Annual Rent 19,468
Vacancies and Bad Debt 11%
Vacancies and Bad Debt Amount 2,141
HOA, Utilities and CAM 0
Property Taxes 3,053
Management Fees 1,947
Cap Rate 7
Estimated Value 125,643
Edit Values and Estimate Cashflow
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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.