For Sale - 13460 Old Englishtown Rd, $159,900

Beautiful townhouse in the heart of Wellington. Can be rented for the season.

Beautiful townhouse in the heart of Wellington. Currently rented on a month to month basis. Ideal for an owner or investor as it can be rented for the season.

Sq Ft893
Bedrooms2
Full Bathrooms1
Half Bathrooms0
Maintenance Charge/Month150
Maintenance IncludesCommon Area,Landscaping/Lawn Maintenance,Trash Removal
Carport Spaces0
Garage Spaces0
Pets AllowedYes
Pet RestrictionsRestrictions Or Possible Restrictions
High School
Middle School
Elementary School
MLS NumberA10343046
Virtual Tourhttp://www.propertypanorama.com/instaview/mia/A10343046
Verified10/19/2017 01:31am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 2800019

Please quote reference number: when you call or email


Listing provided by Partnership Realty Inc.. Copyright 2017 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

13460 Old Englishtown Rd is a 893 sq ft Single Family in Wellington. It was built in 1984. In 2016 similar properties sold for between $121,027 and $183,305. We estimate the income value of 13460 Old Englishtown Rd at $41,029. The assumptions we used to calculate this value are include in the spreadsheet linked below. Wellington is in Palm Beach County, Florida.

13460 Old Englishtown Rd Property Summary

13460 Old Englishtown Rd
Wellington
FL 33414

Property Size:893 sq ft
Year Built:1984
Property Class:B3
Lat, Long: 26.669, -80.258
Estimated Value: 13460 Old Englishtown Rd

Market Data

In 2016 class A single family properties in Wellington sold for $137.14 to 930.40 per sq ft with a median price per sq ft of $157.14. Class B properties sold for $90.54 to 137.13 per sq ft with a median of $114.29 and class C properties sold for $10.15 to 90.53 per sq ft with a median of $80.35.

Market Valuation

13460 Old Englishtown Rd appears to be a B Class property. Suggested value: $152,774

HighMedianLow
Value183,305 152,774 121,027

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $41,029. 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 13460 Old Englishtown Rd:

  • The Household Income estimate assumes the tenant has a total household income of $30,226 and spends 34% 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 $856
Household Income - Renters $774
Market Rents $665
Price/Ft $1,000

Expense Estimates:

  • Census data records show 8% 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 13460 Old Englishtown 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 Rent665
Annual Rent per Sq Ft9.00
Gross Annual Rent7,985
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount1,038
Maintenance464
HOA, Utilities and CAM0
Property Taxes2,066
Insurance747
Management Fees798
NOI2,872
Cap Rate7
Estimated Value41,029
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 $78,588. The bottom 10% of the population earn less than $23,201 per year. The top 10% earn more than $210,922 per year. The top 1% earn more than $612,589 per year. Most renters earn between $28,404 (20th percentile) and $65,052 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $157,176 and $196,470.

The tax assessed value of this property places it in percentile 15 of all properties in this area. This suggests it would appeal to someone earning around $30,226 per year who should qualify for a mortgage between $60,452 and $75,565.

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 $1,145. Most renters earn between $2,367 and $5,421 per month. They typically spend 34% of their monthly income on rent. Most rents fall in the $694 (20th percentile) to $1,677 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 15 of all properties in this area. This corresponds to a rent of $605 per month and a monthly household income of $2,136 ($25,632 per year)

Links

  1. 13460 Old Englishtown Rd, Wellington, FL on Zillow
  2. Recent Sales near 13460 Old Englishtown Rd, Wellington, FL on Realtor.com
  3. 13460 Old Englishtown Rd, Wellington, FL on Google Maps
  4. 13460 Old Englishtown Rd Walkscore
  5. Wellington, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Campus Thrift LLC (13422 Georgian Ct)
  2. Anhe International Consulting Corp (13414 Georgian Ct)
  3. Rich Oak Vineyards LLC (13400 Georgian Ct)
  4. Hannah Michaels Dressage, LLC (13406 Georgian Ct)
  5. Emcas, LLC (13450 Old Englishtown Rd)
  6. Elm Tree Realty, LLC (13450 Old Englishtown Rd)
  7. Temple Beth Torah Of Palm Beach County, Inc. (900 Big Blue Trce)
  8. Nodara, Inc. (13506 Old Englishtown Rd)
  9. Oasis Show Stables, Inc (13430 Georgian Ct)

Sales History

DateSold BySold ToDeed TypePrice
04/01/2016 Not Recorded Buyer: 10487156 Unknown 137,500.00
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.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.