INVESTimate
$1,308,408
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2017 Oberlin St PROPERTY INFO
FACTS
- Built In 1958
- Price/Sqft : $3,877.97
CONSTRUCTION
- Beds : 4
- Floor Size : 1,262 sqft
- Baths : 3 Full 1 Half
2017 Oberlin St SCHOOLS
Financial Details
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College Terrace
Neighborhood : College Terrace
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 $5,593 per month.
MY RENT : $5,593 MEDIAN RENT : $5,104
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 $5,593 would therefore be considered affordable for annual household incomes greater than $223,720 (12 months x 3.333 x $5,593).
HOUSEHOLD INCOME RANGE
Approximately 53 of households in this neighborhood have a total annual income of $223,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,593 per month.
MINIMUM INCOME RANGE : $223,720
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
College Terrace Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 5.5% |
| Educational Services | 22.7% |
| Health Care & Social Assistance | 13.4% |
| Information | 7.2% |
| Manufacturing | 11.7% |
| Professional & Scientific Tech Services | 22.8% |
| Other | 16.6% |
AGE DISTRIBUTION
62% of the population is between the ages of 25 and 64, 29% is 24 or younger and 9% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 23.2% |
| 15-19 | 3.3% |
| 20-24 | 2.5% |
| 25-44 | 39.1% |
| 45-65 | 23.0% |
| 66+ | 8.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 6.0% |
| Computer Engineering | 15.2% |
| Construction | 17.6% |
| Healthcare | 7.4% |
| Management, Business, & Financial | 37.7% |
| Sales & Office | 7.4% |
| Other | 8.7% |
HIGHEST EDUCATION LEVEL
67% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.6% |
| Doctorate | 19.5% |
| Masters Degree | 35.7% |
| Professional | 5.3% |
| Some College | 7.3% |
| Other | 25.6% |
2017 Oberlin St Comps
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2017 Oberlin St, Palo Alto, CA 94306 is a single family home of 1,262 sqft. HomeUnion INVESTimateĀ® for 2017 Oberlin St includes a Price Estimate of $4,893,992 and a Rent Estimate of $5,593. This single family home has 4 bedrooms,4 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 1.37% and Total Return of 19.70%. The estimated 1 year forecast in home value for 2017 Oberlin St is 11.56%.
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
