INVESTimate
$1,154,162
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885 Seale Ave PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $1,132.63
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 $12,297 per month.
MY RENT : $12,297 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 $12,297 would therefore be considered affordable for annual household incomes greater than $491,880 (12 months x 3.333 x $12,297).
HOUSEHOLD INCOME RANGE
Approximately -339 of households in this neighborhood have a total annual income of $491,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $12,297 per month.
MINIMUM INCOME RANGE : $491,880
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 INVESTimateĀ® for 885 Seale Ave includes a Price Estimate of $4,311,932 and a Rent Estimate of $12,297. This single family home has 5 bedrooms,4 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 3.42% and Total Return of 50.22%. The estimated 1 year forecast in home value for 885 Seale Ave is 20%.
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
