Stunning View Lot in Palomar Park Nestled in the highly desirable Palomar Park neighborhood this expansive lot offers breathtaking panoramic views of the Bay surrounding hills and lush greenery A rare opportunity to build your dream home in a serene and private setting yet just minutes from downtown Redwood City major highways and Silicon Valley The generous lot size provides ample space for a customdesigned residence with outdoor entertaining areas decks or gardens to maximize the stunning vistas Enjoy the perfect blend of tranquility and convenience with access to trails parks and vibrant city amenities Dont miss this chance to own a prime view lot in one of the Peninsulas most soughtafter locations Buyer to verify buildability and zoning requirements
Property Features
Utilities:
None
Fencing:
None
Property Management Analysis for 416 Palomar Drive*
Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $1,524 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
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Property Services
$1,283
Low
$1,524
Estimate
$1,700
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market outlook for 94062, a zip code located in the affluent community of Redwood City, California, appears favorable. With its close proximity to the Silicon Valley hub, the demand for housing in this area continues to be strong. The consistent growth of technology companies and startups in the region, coupled with the prominence of Stanford University nearby, contributes to a steady influx of renters seeking housing options. Additionally, the community's desirable location, nestled amidst nature and offering picturesque views of the Santa Cruz Mountains, attracts individuals and families looking for a tranquil yet convenient lifestyle. Consequently, landlords and property investors can expect a competitive rental market, ample opportunities for rental rate increases, and a low vacancy rate. The rental real estate market in 94062 benefits from a strong economy and a high demand for quality housing, making it an attractive investment opportunity.
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$
30 years fixed
7%
Monthly Payment
$2,049
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.
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