INVESTimate
$984,305
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304 Oxford Ave PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $1,646.17
CONSTRUCTION
- Beds : 2
- Floor Size : 2,230 sqft
- Baths : 1 Full 1 Half
304 Oxford Ave SCHOOLS
Financial Details
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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 $4,309 per month.
MY RENT : $4,309 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 $4,309 would therefore be considered affordable for annual household incomes greater than $172,360 (12 months x 3.333 x $4,309).
HOUSEHOLD INCOME RANGE
Approximately 157 of households in this neighborhood have a total annual income of $172,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,309 per month.
MINIMUM INCOME RANGE : $172,360
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% |
304 Oxford Ave Comps
304 Oxford Ave, Palo Alto, CA 94306 is a single family home of 2,230 sqft. HomeUnion INVESTimateĀ® for 304 Oxford Ave includes a Price Estimate of $3,670,964 and a Rent Estimate of $4,309. This single family home has 2 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 1.41% and Total Return of 27.44%. The estimated 1 year forecast in home value for 304 Oxford Ave is 14.49%.
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