Financial Details2115 Princeton St PROPERTY INFO
FACTS
- Built In 1922
- Price/Sqft : $2,945.66
CONSTRUCTION
- Beds : 3
- Floor Size : 1,232 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
2115 Princeton St, Palo Alto, CA 94306 is a single family home of 1,232 sqft. HomeUnion estimate for 2115 Princeton St includes a Price Estimate of $3,629,058 and a Rent Estimate of $4,799. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 1.59% and Total Return of 21.82%. The estimated 1 year forecast in home value for 2115 Princeton St is 11.56%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2115 Princeton St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
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 $4,799 per month.
MY RENT : $4,799 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 $4,799 would therefore be considered affordable for annual household incomes greater than $191,960 (12 months x 3.333 x $4,799).
HOUSEHOLD INCOME RANGE
Approximately 117 of households in this neighborhood have a total annual income of $191,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,799 per month.
MINIMUM INCOME RANGE : $191,960
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% |
2115 Princeton St 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
