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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

160 E Charleston Rd Palo Alto, CA 94306

4 Beds 3 Baths 1,758 sqft Built 1967
Last updated:  Dec 26, 2019

INVESTimate

$2,566,249

$2.18M - $2.95M

Price Est.

$5,861

$5.2K - $6.5K

Rent Est.

$2,760,514  ( +7.57%)   1 YR EST. FORECAST
  
  
  

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160 E Charleston Rd PROPERTY INFO

FACTS
  • Built In 1967
  • Price/Sqft : $1,459.75
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,758 sqft
  • Baths : 2 Full 1 Half

160 E Charleston Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FAIRMEADOW ELEMENTARY SCHOOL Primary Regular 504 24 10
JANE LATHROP STANFORD MIDDLE SCHOOL Middle Regular 1,003 63 10
HENRY M. GUNN HIGH SCHOOL High Regular 1,854 103 10

FAIRMEADOW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 504
  • # of teachers: 24
10
GreatSchools Rating

JANE LATHROP STANFORD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,003
  • # of teachers: 63
10
GreatSchools Rating

HENRY M. GUNN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 103
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Greenmeadow

  • 1,882

    POPULATION
  • 671

    HOUSEHOLDS
  • 96.5%

    WHITE COLLAR

Neighborhood : Greenmeadow

HOUSEHOLDS
671
POPULATION

1,882

15.1%Renters
84.9%Home Owners
LABOR FORCE

 

96.5%White Collar
3.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $5,861 per month.

MY RENT : $5,861 MEDIAN RENT : $5,770

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $5,861 would therefore be considered affordable for annual household incomes greater than $234,440 (12 months x 3.333 x $5,861).

Rent % Affordability
Above $500 98.5%
Above $700 94.0%
Above $1,100 85.8%
Above $1,500 80.5%
Above $1,900 78.9%
HOUSEHOLD INCOME RANGE

Approximately 31 of households in this neighborhood have a total annual income of $234,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,861 per month.

MINIMUM INCOME RANGE : $234,440

Income % Distribution
<$20K 1.5%
$20K-$35K 10.7%
$35K-$60K 7.3%
$60K-$100K 6.6%
>=$100K 73.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 5.6%
10-14 mins 21.2%
15-19 mins 21.7%
20-29 mins 22.1%
30-44 mins 18.5%
45-59 mins 4.3%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $5,861 per month.

MY RENT : $5,861 MEDIAN RENT : $5,770

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $5,861 would therefore be considered affordable for annual household incomes greater than $234,440 (12 months x 3.333 x $5,861).

Rent % Affordability
Above $500 98.5%
Above $700 94.0%
Above $1,100 85.8%
Above $1,500 80.5%
Above $1,900 78.9%
HOUSEHOLD INCOME RANGE

Approximately 31 of households in this neighborhood have a total annual income of $234,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,861 per month.

MINIMUM INCOME RANGE : $234,440

Income % Distribution
<$20K 1.5%
$20K-$35K 10.7%
$35K-$60K 7.3%
$60K-$100K 6.6%
>=$100K 73.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 5.6%
10-14 mins 21.2%
15-19 mins 21.7%
20-29 mins 22.1%
30-44 mins 18.5%
45-59 mins 4.3%
>60 mins 5.0%

Greenmeadow Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.6%
Educational Services 8.4%
Health Care & Social Assistance 11.3%
Manufacturing 13.4%
Professional & Scientific Tech Services 24.2%
Retail & Wholesale Trader 6.9%
Other 29.3%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 19.7%
15-19 7.7%
20-24 6.2%
25-44 18.0%
45-65 27.7%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Adesm 3.9%
Computer Engineering 24.2%
Healthcare 8.4%
Legal 3.8%
Management, Business, & Financial 41.5%
Sales & Office 8.4%
Other 9.8%
HIGHEST EDUCATION LEVEL

54% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 15.4%
High School 7.5%
Masters Degree 26.9%
Professional 9.3%
Some College 6.1%
Other 34.8%

160 E Charleston Rd Comps

Sorry, we do not have sufficient data available.

160 E Charleston Rd, Palo Alto, CA 94306 is a single family home of 1,758 sqft. HomeUnion INVESTimateĀ® for 160 E Charleston Rd includes a Price Estimate of $2,566,249 and a Rent Estimate of $5,861. This single family home has 4 bedrooms,3 bathrooms, and was built in 1967. This property has an estimated 15 year annualized Yield of 2.74% and Total Return of 14.15%. The estimated 1 year forecast in home value for 160 E Charleston Rd is 7.57%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SANTA CLARA County , or the 94306 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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