131 Bunker Rd is a 1,822 sq ft Single Family in Rotonda West. It was built in 2005. 131 Bunker Rd sits on 0.23 acres of land. In 2015 similar properties sold for between $155,745 and $227,203. We estimate the income value of 131 Bunker Rd at $91,614. The assumptions we used to calculate this value are include in the spreadsheet linked below. Rotonda West is in Charlotte County, Florida.

131 Bunker Rd Property Summary

131 Bunker Rd
Rotonda West
FL 33947

Property Size:1,822 sq ft
Acreage:0.23
Year Built:2005
Property Class:B4
Lat, Long: 26.895, -82.280

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.

Google Street View  of 131 Bunker Rd, Rotonda West, FL 33947
Estimated Value: 131 Bunker Rd

Market Data

In 2015 class A single family properties in Rotonda West sold for $124.71 to 631.17 per sq ft with a median price per sq ft of $134.99. Class B properties sold for $85.48 to 124.70 per sq ft with a median of $109.30 and class C properties sold for $16.62 to 85.47 per sq ft with a median of $76.21.

Market Valuation

131 Bunker Rd appears to be a B Class property. Suggested value: $199,145

HighMedianLow
Value227,203 199,145 155,745

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $91,614. 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 131 Bunker Rd:

  • The Household Income estimate assumes the tenant has a total household income of $100,754 and spends 33% 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 $2,771
Household Income - Renters $1,455
Market Rents $1,364
Price/Ft $1,600

Expense Estimates:

  • Census data records show 9% 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 131 Bunker Rd. 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 Rent1,364
Annual Rent per Sq Ft9.00
Gross Annual Rent16,373
Vacancies and Bad Debt14%
Vacancies and Bad Debt Amount2,292
Maintenance947
HOA, Utilities and CAM0
Property Taxes3,677
Insurance1,407
Management Fees1,637
NOI6,413
Cap Rate7
Estimated Value91,614
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 $54,839. The bottom 10% of the population earn less than $20,497 per year. The top 10% earn more than $125,742 per year. The top 1% earn more than $399,493 per year. Most renters earn between $26,976 (20th percentile) and $50,376 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $109,678 and $137,098.

The tax assessed value of this property places it in percentile 83 of all properties in this area. This suggests it would appeal to someone earning around $100,754 per year who should qualify for a mortgage between $201,508 and $251,885.

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 $910. Most renters earn between $2,248 and $4,198 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $670 (20th percentile) to $1,270 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 83 of all properties in this area. This corresponds to a rent of $1,364 per month and a monthly household income of $4,410 ($52,920 per year)

Links

  1. 131 Bunker Rd, Rotonda West, FL on Zillow
  2. Recent Sales near 131 Bunker Rd, Rotonda West, FL on Realtor.com
  3. 131 Bunker Rd, Rotonda West, FL on Google Maps
  4. 131 Bunker Rd Walkscore
  5. Rotonda West, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Educo, Inc. (132 Mark Twain Lk)
  2. Hobby Construction Inc (6 Pebble Beach Rd)
  3. Qhi, LLC (2 Pebble Beach Rd)
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.