Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

3782 Redwood Cir Palo Alto, CA 94306

3 Beds 2 Baths 1,382 sqft Built 1952
Last updated:  Dec 26, 2019

INVESTimate

$2,247,665

$1.91M - $2.58M

Price Est.

$4,912

$4.4K - $5.4K

Rent Est.

$2,479,399  ( +10.31%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 643 EGRET CT Streetsboro, OH
    • 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,280 Sqft ∙ Built 2003
    AVAILABLE
    • 22.42% GROSS YIELD
    • $5,748 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $76,000
    • $25,890
    • $1,420
  • 9137 SANDPIPER DR Streetsboro, OH
    • 2 beds 2 baths ∙ 1,542 Sqft ∙ Built 2001 2 beds 2 baths ∙ 1,542 Sqft ∙ Built 2001
    AVAILABLE
    • 19.86% GROSS YIELD
    • $5,767 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $87,000
    • $28,805
    • $1,440
  • 25670 Forestview Ave Euclid, OH
    • 3 beds 1 baths ∙ 1,581 Sqft ∙ Built 1944 3 beds 1 baths ∙ 1,581 Sqft ∙ Built 1944
    AVAILABLE
    • 16.88% GROSS YIELD
    • $5,803 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $72,500
    • $24,962
    • $1,020
  • 5525 Elmwood Ave Maple Heights, OH
    • 3 beds 1 baths ∙ 1,296 Sqft ∙ Built 1956 3 beds 1 baths ∙ 1,296 Sqft ∙ Built 1956
    AVAILABLE
    • 16.55% GROSS YIELD
    • $5,690 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $72,500
    • $24,962
    • $1,000

3782 Redwood Cir PROPERTY INFO

FACTS
  • Built In 1952
  • Price/Sqft : $1,626.39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,382 sqft
  • Baths : 2 Full

3782 Redwood Cir 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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Fairmeadow

  • 895

    POPULATION
  • 394

    HOUSEHOLDS
  • 85.7%

    WHITE COLLAR

Neighborhood : Fairmeadow

HOUSEHOLDS
394
POPULATION

895

44.4%Renters
55.6%Home Owners
LABOR FORCE

 

85.7%White Collar
14.3%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 $4,912 per month.

MY RENT : $4,912 MEDIAN RENT : $5,532

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 $4,912 would therefore be considered affordable for annual household incomes greater than $196,480 (12 months x 3.333 x $4,912).

Rent % Affordability
Above $500 90.1%
Above $700 76.7%
Above $1,100 69.9%
Above $1,500 62.0%
Above $1,900 56.9%
HOUSEHOLD INCOME RANGE

Approximately 42 of households in this neighborhood have a total annual income of $196,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,912 per month.

MINIMUM INCOME RANGE : $196,480

Income % Distribution
<$20K 9.9%
$20K-$35K 19.2%
$35K-$60K 8.9%
$60K-$100K 12.9%
>=$100K 49.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.2%
10-14 mins 20.7%
15-19 mins 23.3%
20-29 mins 19.9%
30-44 mins 15.4%
45-59 mins 4.2%
>60 mins 7.3%
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 $4,912 per month.

MY RENT : $4,912 MEDIAN RENT : $5,532

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 $4,912 would therefore be considered affordable for annual household incomes greater than $196,480 (12 months x 3.333 x $4,912).

Rent % Affordability
Above $500 90.1%
Above $700 76.7%
Above $1,100 69.9%
Above $1,500 62.0%
Above $1,900 56.9%
HOUSEHOLD INCOME RANGE

Approximately 42 of households in this neighborhood have a total annual income of $196,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,912 per month.

MINIMUM INCOME RANGE : $196,480

Income % Distribution
<$20K 9.9%
$20K-$35K 19.2%
$35K-$60K 8.9%
$60K-$100K 12.9%
>=$100K 49.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.2%
10-14 mins 20.7%
15-19 mins 23.3%
20-29 mins 19.9%
30-44 mins 15.4%
45-59 mins 4.2%
>60 mins 7.3%

Fairmeadow Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.8%
Educational Services 11.4%
Health Care & Social Assistance 13.6%
Information 9.3%
Manufacturing 14.5%
Professional & Scientific Tech Services 26.9%
Other 17.5%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 32% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 17.4%
15-19 9.7%
20-24 4.8%
25-44 24.4%
45-65 25.3%
66+ 18.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 34.6%
Construction 7.1%
Management, Business, & Financial 19.4%
PCare 6.8%
Production & Transportation 7.4%
Sales & Office 13.9%
Other 10.7%
HIGHEST EDUCATION LEVEL

48% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 18.8%
High School 6.6%
Masters Degree 20.5%
Professional 5.9%
Some College 9.5%
Other 38.7%

3782 Redwood Cir Comps

Sorry, we do not have sufficient data available.

3782 Redwood Cir, Palo Alto, CA 94306 is a single family home of 1,382 sqft. HomeUnion INVESTimateĀ® for 3782 Redwood Cir includes a Price Estimate of $2,247,665 and a Rent Estimate of $4,912. This single family home has 3 bedrooms,2 bathrooms, and was built in 1952. This property has an estimated 15 year annualized Yield of 2.62% and Total Return of 19.78%. The estimated 1 year forecast in home value for 3782 Redwood Cir is 10.31%.

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

  1. 94040
  2. 94303
  3. 94043
  4. 94022
  5. 94301
  6. 94041
  7. 94304
  8. 94305