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
Lat, Long: 26.105, -80.371

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.

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:

  • Email:

Please quote reference number: 4579189 in your email

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
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Broward County, Florida

Broward County is in South East Florida. The main cities in Broward County are Fort Lauderdale (population 165,521), Pembroke Pines (population 154,750) and Hollywood (population 140,768)

[Property Appraiser] [Tax Record]
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 $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%.

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. 1240 Laurel Ct Walkscore
  5. Weston, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

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. Vickers Grant Capital Group, LLC (15344 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. The Ideal Burger Mix LLC (8506 Nw 23 Manor)
  10. Milk & Honey, LLC (5760 Manor Oak Ave)
  11. Crs Management Services, Inc. (11115 Sw 17 Manor)
  12. Florida Photo Booth LLC (15355 Sw 51 Manor)
  13. Coa Doc Stone, LLC (1170 Manor Ct)
  14. Coa Stony Point, LLC (1170 Manor Ct)
  15. R A Castille Childcare, LLC (1170 Manor Ct)
  16. Rkc Holdings, LLC (1170 Manor Ct)
  17. Robert A. Castille & Associates, Inc. (1170 Manor Ct)
  18. Josh Sl, LLC (1165 Manor Ct)
  19. Jake Properties 2 LLC (1165 Manor Ct)
  20. Gleicher, Inc. (1150 Manor Ct)
  21. Wiliam Gleicher Pa (1150 Manor Ct)
  22. Alexamy Corp (13250 Sw 10 Manor)
  23. Ansara Properties, LLC (3744 Pebblebrook Mnr)
  24. Consolidated Copper And Metals, Inc. (9630 Eden Mnr)
  25. Depass Enterprises, Inc. (16951 Sw 63 Manor)
  26. 415 Nd LLC (3761 Pebblebrook Mnr)
  27. Prudential International Inc. (12319 Nw 77 Manor)
  28. Aa Contracting & Supply, Inc. (1285 Laurel Ct)
  29. Kelkatkris Enterprises, L.L.C. (1201 Manor Ct)
  30. Alp Solutions, L.L.C. (1225 Manor Ct)
  31. The Village At Dolphin Commerce Center, LLC (1260 Manor Ct)
  32. Ipg Dolphin Holdings, LLC (1260 Manor Ct)
  33. Ipg Medley Fund #2, LLC (1260 Manor Ct)
  34. International Property Group, Inc. (1260 Manor Ct)
  35. Julie B. Edelstein, Cpa, P.A. (1297 Manor Ct)
  36. Gfs Investments, Inc. (1297 Manor Ct)
  37. Associated Mechanical Air, Inc. (11866 Sw 9 Manor)
  38. Knockout Committee Inc (15831 Sw 51 Manor)
  39. Crime Watcher Security Inc. (15831 Sw 51 Manor)
  40. Bonnie F. Metviner P.A. (10031 N W 50 Manor)
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.