1240 Laurel Ct, Weston

Usage

Single Family

Address:

1240 Laurel Ct
Weston
FL 33326

Property Size:4,580 sq ft
Acreage:0.35
Year Built:1989
Property Class:B3
Latitude:26.105
Longitude:-80.371

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.

Welcome to Visulate

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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Please quote reference number: 4579189 in your email

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Broward County, Florida

Broward County is part of the southwest Florida region. Broward County identified these industries as focuses for its expansion efforts: advanced materials and High-Tech Manufacturing, aviation/aerospace, international trade, marine industries, and headquarters and management operations.

Broward County has 29 recognized cities and towns, the largest being Fort Lauderdale, Pembroke Pines, and Hollywood. 95% of the properties in Broward County are residential, implying that it is a largely suburban area. Broward County is centrally located between major metropolitan areas in Miami-Dade and Palm Beach Counties. The unemployment rate in Broward County, at 5.7%, is lower than Miami-Dade (10.2%), Palm Beach (6.9%), and the state (7.2%).

Major private sector employers are American Express, Nova Southeastern University, PRC, Kaplan Higher Education, and The Answer Group. Top public employers are Broward County School District, Broward County Government, North Broward Hospital District, Memorial Healthcare System, and the City of Fort Lauderdale. ..more

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Links

  1. 1240 Laurel Ct, Weston, FL on Zillow
  2. Recent Sales near 1240 Laurel Ct, Weston, FL on Realtor.com
  3. 1240 Laurel Ct, Weston, FL on Google Maps
  4. Weston, FL Property Values on Trulia
  5. Demographic Data for Zipcode 33326 from City-Data.com
  6. Weston Demographics from City-Data.com
  7. Phone numbers and opening hours for businesses in the 33326 Zipcode

Owner Details

Companies near this Address

  1. Rick Becraft Enterprises, Inc. (15850 Sw 51 Manor)
  2. Vital Factors Inc. (12528 N W 18 Manor)
  3. Vega Productions, Inc. (17300 Sw 63 Manor)
  4. Vickers Grant Holdings, LLC (15344 Sw 51 Manor)
  5. Evelyn Jankowski Beilman, Inc. (15900 Sw 51 Manor)
  6. Windows & Walls Designs, Incorporated (15711 Sw 51 Manor)
  7. "Tri-County Cargo Transporation, Inc." (15711 Sw 51 Manor)
  8. Elias E Handal Pa (3718 Pebblebrook Mnr)
  9. Crystal Clean Home Cleaning Services, Inc. (3718 Pebblebrook Mnr)
  10. Crs Management Services, Inc. (11115 Sw 17 Manor)
  11. Josh Sl, LLC (1165 Manor Ct)
  12. Jake Properties 2 LLC (1165 Manor Ct)
  13. Life Cycle Pest Control, Inc. (1165 Manor Ct)
  14. Robert A. Castille & Associates, Inc. (1170 Manor Ct)
  15. Ansara Properties, LLC (3744 Pebblebrook Mnr)
  16. Depass Enterprises, Inc. (16951 Sw 63 Manor)
  17. Prudential International Inc. (12319 Nw 77 Manor)
  18. Aa Contracting & Supply, Inc. (1285 Laurel Ct)
  19. Kelkatkris Enterprises, L.L.C. (1201 Manor Ct)
  20. Alp Solutions, L.L.C. (1225 Manor Ct)
  21. The Village At Dolphin Commerce Center, LLC (1260 Manor Ct)
  22. Ipg Dolphin Holdings, LLC (1260 Manor Ct)
  23. Ipg Medley Fund #2, LLC (1260 Manor Ct)
  24. International Property Group, Inc. (1260 Manor Ct)
  25. Julie B. Edelstein, Cpa, P.A. (1297 Manor Ct)
  26. Gfs Investments, Inc. (1297 Manor Ct)
  27. Knockout Committee Inc (15831 Sw 51 Manor)
  28. Crime Watcher Security Inc. (15831 Sw 51 Manor)
  29. Associated Mechanical Air, Inc. (11866 Sw 9 Manor)
  30. Bonnie F. Metviner P.A. (10031 N W 50 Manor)

Broward County Real Estate - Pembroke Pines

Pembroke Pines is in South East Florida. It's population as recorded in the 2010 Census was 154,750.

The median age for residents of Pembroke Pines is 39.5. Around 37.5% of Pembroke Pines households include school aged children and 30.7% of households include individuals aged 65 years or over. Census records indicate 67.2% of the Pembroke Pines population are White, 19.8% are Black or African American, .2% American Indian, 4.9% Asian and 3.2% are Two or more Races. Pembroke Pines has a significant Hispanic population. 41.3% (64,061) of Pembroke Pines residents are of Hispanic or Latino origin. Of these 2.58% are of Mexican origin, 16.37% Puerto Rican, 30.94% Cuban and 50.08% are of other Hispanic or Latino origin.

There are 61,703 housing units in Pembroke Pines. 4,830 (7.8%) of these were reported as vacant in the 2010 Census. There are 14,882 residential rental units in Pembroke Pines. 13,777 of them were occupied in 2010 providing a residential rental vacancy rate of 7%.

Pembroke Pines links:

Nearby Cities

Local Household Income

The median household income in this part of Florida is $105,707. The bottom 10% of the population earn less than $35,859 per year. The top 10% earn more than $265,568 per year. The top 1% earn more than $677,641 per year. Most renters earn between $53,124 (20th percentile) and $94,428 (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 $1,673. Most renters earn between $4,427 and $7,869 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $1,169 (20th percentile) to $2,291 (80th percentile) range. The residential vacancy rate is 4%.

Estimated Value: 1240 Laurel Ct

Market Data

In 2013 class A single family properties in Weston sold for $152.50 to 969.08 per sq ft with a median price per sq ft of $186.86. Class B properties sold for $78.82 to 152.49 per sq ft with a median of $112.25 and class C properties sold for $10.03 to 78.81 per sq ft with a median of $68.77.

Market Valuation

1240 Laurel Ct appears to be a B Class property. Suggested value: $726,270

HighMedianLow
Value986,628 726,270 509,975

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $103,543. 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 1240 Laurel Ct:

  • The Household Income estimate assumes the tenant has a total household income of $249,468 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 ModelMonthly Rent
Household Income - All Households $6,445
Household Income - Renters $2,992
Market Rents $2,631
Price/Ft $2,225

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 1240 Laurel 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 Google Drive.

Amount
Monthly Rent2,631
Annual Rent per Sq Ft7.00
Gross Annual Rent31,566
Vacancies and Bad Debt9%
Vacancies and Bad Debt Amount2,841
Maintenance2,382
HOA, Utilities and CAM0
Property Taxes11,117
Insurance4,821
Management Fees3,157
NOI7,248
Cap Rate7
Estimated Value103,543
Edit Values and Estimate Cashflow 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.