INVESTimate
$1,098,220
Financial Details2005 Park Blvd PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $1,338.83
CONSTRUCTION
- Beds : 4
- Floor Size : 3,063 sqft
- Baths : 4 Full 1 Half
PROPERTY DESCRIPTION
2005 Park Blvd, Palo Alto, CA 94306 is a single family home of 3,063 sqft. HomeUnion estimate for 2005 Park Blvd includes a Price Estimate of $4,100,831 and a Rent Estimate of $9,693. This single family home has 4 bedrooms, 5 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 2.84% and Total Return of 32.21%. The estimated 1 year forecast in home value for 2005 Park Blvd is 14.49%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2005 Park Blvd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Evergreen Park
Neighborhood : Evergreen Park
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 $9,693 per month.
MY RENT : $9,693 MEDIAN RENT : $4,313
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 $9,693 would therefore be considered affordable for annual household incomes greater than $387,720 (12 months x 3.333 x $9,693).
HOUSEHOLD INCOME RANGE
Approximately -278 of households in this neighborhood have a total annual income of $387,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $9,693 per month.
MINIMUM INCOME RANGE : $387,720
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
Evergreen Park Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 28.9% |
| Health Care & Social Assistance | 4.7% |
| Information | 4.4% |
| Manufacturing | 15.2% |
| Professional & Scientific Tech Services | 20.5% |
| Retail & Wholesale Trader | 7.0% |
| Other | 19.3% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 23% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 12.4% |
| 15-19 | 6.0% |
| 20-24 | 4.2% |
| 25-44 | 34.8% |
| 45-65 | 24.5% |
| 66+ | 18.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 15.9% |
| Construction | 14.8% |
| Education | 3.0% |
| Legal | 3.0% |
| Management, Business, & Financial | 36.6% |
| Sales & Office | 19.9% |
| Other | 6.8% |
HIGHEST EDUCATION LEVEL
62% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.8% |
| Doctorate | 23.1% |
| High School | 8.9% |
| Masters Degree | 24.2% |
| Professional | 9.6% |
| Other | 29.4% |
2005 Park Blvd Comps
Sorry, we do not have sufficient data available.
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
