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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

Santa Fe St Carmel, CA 30101

2 Beds 2 Baths 796 sqft Built 1939
Last updated:  Jun 30, 2018

INVESTimate

$2,531,406

$2.40M - $2.67M

Price Est.

$1,637

$1.6K - $1.7K

Rent Est.

$2,741,766  ( +8.31%)   1 YR EST. FORECAST
  
  
  

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Santa Fe St PROPERTY INFO

FACTS
  • Built In 1939
  • Price/Sqft : $3,180.16
CONSTRUCTION
  • Beds : 2
  • Floor Size : 796 sqft
  • Baths : 2 Full

Santa Fe St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CARMEL RIVER ELEMENTARY SCHOOL Primary Regular 508 23 NA
CARMEL MIDDLE SCHOOL Middle Regular 590 34 NA
CARMEL HIGH SCHOOL High Regular 794 47 10

CARMEL RIVER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 508
  • # of teachers: 23
-1
GreatSchools Rating

CARMEL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 590
  • # of teachers: 34
-1
GreatSchools Rating

CARMEL HIGH SCHOOL

  • Education Level: High
  • # of students: 794
  • # of teachers: 47
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Carmel - by - the - Sea

  • 3,505

    POPULATION
  • 1,566

    HOUSEHOLDS
  • 88.0%

    WHITE COLLAR

Neighborhood : Carmel - by - the - Sea

HOUSEHOLDS
1,566
POPULATION

3,505

35.6%Renters
64.4%Home Owners
LABOR FORCE

 

88.0%White Collar
12.0%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 $1,637 per month.

MY RENT : $1,637 MEDIAN RENT : $4,320

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 $1,637 would therefore be considered affordable for annual household incomes greater than $65,480 (12 months x 3.333 x $1,637).

Rent % Affordability
Above $500 84.7%
Above $700 79.1%
Above $1,100 67.1%
Above $1,500 59.1%
Above $1,900 48.1%
HOUSEHOLD INCOME RANGE

Approximately 736 of households in this neighborhood have a total annual income of $65,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,637 per month.

MINIMUM INCOME RANGE : $65,480

Income % Distribution
<$20K 15.3%
$20K-$35K 9.6%
$35K-$60K 16.0%
$60K-$100K 18.4%
>=$100K 40.7%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 21.2%
10-14 mins 24.4%
15-19 mins 21.2%
20-29 mins 10.0%
30-44 mins 12.5%
45-59 mins 2.1%
>60 mins 5.4%
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 $1,637 per month.

MY RENT : $1,637 MEDIAN RENT : $4,320

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 $1,637 would therefore be considered affordable for annual household incomes greater than $65,480 (12 months x 3.333 x $1,637).

Rent % Affordability
Above $500 84.7%
Above $700 79.1%
Above $1,100 67.1%
Above $1,500 59.1%
Above $1,900 48.1%
HOUSEHOLD INCOME RANGE

Approximately 736 of households in this neighborhood have a total annual income of $65,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,637 per month.

MINIMUM INCOME RANGE : $65,480

Income % Distribution
<$20K 15.3%
$20K-$35K 9.6%
$35K-$60K 16.0%
$60K-$100K 18.4%
>=$100K 40.7%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 21.2%
10-14 mins 24.4%
15-19 mins 21.2%
20-29 mins 10.0%
30-44 mins 12.5%
45-59 mins 2.1%
>60 mins 5.4%

Carmel - by - the - Sea Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.9%
Construction 10.2%
Educational Services 15.8%
Health Care & Social Assistance 14.0%
Manufacturing 6.6%
Retail & Wholesale Trader 19.0%
Other 24.5%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 22% is 24 or younger and 34% is 65 or older.

Age % Distribution
<15 16.2%
15-19 3.2%
20-24 2.9%
25-44 16.8%
45-65 26.7%
66+ 34.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.6%
Construction 7.2%
Healthcare 8.2%
Management, Business, & Financial 23.2%
Natural Resources Maintenance 5.2%
Sales & Office 36.3%
Other 10.3%
HIGHEST EDUCATION LEVEL

29% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.1%
High School 17.6%
Masters Degree 15.0%
Professional 4.4%
Some College 17.3%
Other 40.6%

Santa Fe St Comps

Sorry, we do not have sufficient data available.

Santa Fe St, Carmel, CA 30101 is a single family home of 796 sqft. HomeUnion INVESTimate® for Santa Fe St includes a Price Estimate of $2,531,406 and a Rent Estimate of $1,637. This single family home has 2 bedrooms,2 bathrooms, and was built in 1939. This property has an estimated 15 year annualized Yield of 0.78% and Total Return of 5.27%. The estimated 1 year forecast in home value for Santa Fe St is 8.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, MONTEREY County, or the 30101 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2