Financials
885 Seale Ave Palo Alto, CA 94303
INVESTimate
$828,039
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885 Seale Ave PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $809.37
CONSTRUCTION
- Beds : 5
- Floor Size : 3,807 sqft
- Baths : 4 Full
885 Seale Ave SCHOOLS
Financial Details
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Leland Manor - Embarcadero Oaks - Garland Drive
Neighborhood : Leland Manor - Embarcadero Oaks - Garland Drive
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 $12,187 per month.
MY RENT : $12,187 MEDIAN RENT : $7,059
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 $12,187 would therefore be considered affordable for annual household incomes greater than $487,480 (12 months x 3.333 x $12,187).
HOUSEHOLD INCOME RANGE
Approximately -332 of households in this neighborhood have a total annual income of $487,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $12,187 per month.
MINIMUM INCOME RANGE : $487,480
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
Leland Manor - Embarcadero Oaks - Garland Drive Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.6% |
| Educational Services | 15.2% |
| Health Care & Social Assistance | 8.6% |
| Manufacturing | 10.5% |
| Professional & Scientific Tech Services | 23.4% |
| Retail & Wholesale Trader | 10.7% |
| Other | 24.0% |
AGE DISTRIBUTION
45% of the population is between the ages of 25 and 64, 34% is 24 or younger and 21% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.3% |
| 15-19 | 10.4% |
| 20-24 | 2.7% |
| 25-44 | 12.8% |
| 45-65 | 31.9% |
| 66+ | 20.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 27.9% |
| Construction | 5.3% |
| Legal | 2.8% |
| Management, Business, & Financial | 42.9% |
| Protect | 3.1% |
| Sales & Office | 11.7% |
| Other | 6.4% |
HIGHEST EDUCATION LEVEL
57% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 17.0% |
| High School | 5.7% |
| Masters Degree | 31.2% |
| Professional | 7.7% |
| Some College | 8.7% |
| Other | 29.7% |
885 Seale Ave Comps
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885 Seale Ave, Palo Alto, CA 94303 is a single family home of 3,807 sqft. HomeUnion INVESTimate® for 885 Seale Ave includes a Price Estimate of $3,081,278 and a Rent Estimate of $12,187. This single family home has 5 bedrooms,4 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 4.75% and Total Return of 21.98%. The estimated 1 year forecast in home value for 885 Seale Ave is 9.49%.
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 94303 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
