1655 Bunting Ln, Weston

1655 Bunting Ln is a 4,063 sq ft Single Family in Weston. It was built in 2000. 1655 Bunting Ln sits on 0.20 acres of land. In 2014 similar properties sold for between $578,848 and $1,079,973. We estimate the income value of 1655 Bunting Ln at $67,371. The assumptions we used to calculate this value are include in the spreadsheet linked below. Weston is in Broward County, Florida.

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1655 Bunting Ln Property Summary

1655 Bunting Ln
Weston
FL 33327

Property Size:4,063 sq ft
Acreage:0.20
Year Built:2000
Property Class:B4
Lat, Long: 26.123, -80.408

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.

Contact us if you want to buy or sell real estate in Weston:

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Estimated Value: 1655 Bunting Ln

Market Data

In 2014 class A single family properties in Weston sold for $163.28 to 977.76 per sq ft with a median price per sq ft of $196.96. Class B properties sold for $87.51 to 163.27 per sq ft with a median of $122.72 and class C properties sold for $10.15 to 87.50 per sq ft with a median of $76.45.

Market Valuation

1655 Bunting Ln appears to be a B Class property. Suggested value: $811,750

HighMedianLow
Value1,079,973 811,750 578,848

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $67,371. 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 1655 Bunting Ln:

  • The Household Income estimate assumes the tenant has a total household income of $211,739 and spends 32% 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 ModelMonthly Rent
Household Income - All Households $5,646
Household Income - Renters $2,479
Market Rents $2,295
Price/Ft $2,224

Expense Estimates:

  • Census data records show 4% 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 1655 Bunting Ln. 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 Google Drive.

Amount
Monthly Rent2,295
Annual Rent per Sq Ft7.00
Gross Annual Rent27,537
Vacancies and Bad Debt9%
Vacancies and Bad Debt Amount2,478
Maintenance2,113
HOA, Utilities and CAM0
Property Taxes11,735
Insurance3,741
Management Fees2,754
NOI4,716
Cap Rate7
Estimated Value67,371
Edit Values and Estimate Cashflow 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

Local Household Income

The median household income in this part of Florida is $100,728. The bottom 10% of the population earn less than $32,953 per year. The top 10% earn more than $256,791 per year. The top 1% earn more than $671,909 per year. Most renters earn between $44,328 (20th percentile) and $84,648 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $201,456 and $251,820.

The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $211,739 per year who should qualify for a mortgage between $423,478 and $529,348.

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 $1,504. Most renters earn between $3,694 and $7,054 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $1,071 (20th percentile) to $2,076 (80th percentile) range. The residential vacancy rate is 4%.

This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $2,295 per month and a monthly household income of $7,748 ($92,976 per year)

Links

  1. 1655 Bunting Ln, Weston, FL on Zillow
  2. Recent Sales near 1655 Bunting Ln, Weston, FL on Realtor.com
  3. 1655 Bunting Ln, Weston, FL on Google Maps
  4. 1655 Bunting Ln Walkscore
  5. Weston, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Noemi Rivera Md. Pa. (1648 Blue Jay Cir)
  2. Invest In Properties, Inc (1641 Blue Jay Cir)
  3. William Mott Land Surveying, Inc. (3800 W Eau Gallie Blvd)
  4. Central Florida Functional Medicine Pllc (3800 W Eau Gallie Blvd)
  5. Tilu, LLC (1660 Bunting Ln)
  6. Hmc Business Consulting LLC (1654 Bunting Ln)
  7. Nano All Star Services LLC (5631 N Winston Park Blvd)
  8. Victoria Reese P.A. (1673 Bunting Ln)
  9. Marmarvin Imports LLC (1598 Blue Jay Cir)
  10. Ormo-Carreno Music LLC (1483 Cardinal Way)
  11. Amarte LLC (1483 Cardinal Way)
  12. Daz Fitness LLC (1489 Cardinal Way)
  13. Bdz Fitness LLC (1489 Cardinal Way)
  14. Jrl Carpentry, Inc. (1489 Cardinal Way)
  15. Hope Bartgis, LLC. (1574 Blue Jay Cir)
  16. Sena Holding LLC (1622 Sandpiper Cir)
  17. Sena Management LLC (1622 Sandpiper Cir)
  18. Hyperactive Farms, Inc. (1628 Sandpiper Cir)

Sales History

DateSold BySold ToDeed TypePrice
12/01/2010 Not Recorded Buyer: 3505183 Unknown 575,000.00
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.