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588 Craig Road, Hillsborough, CA 94010

35 photos
$9,495,000
588 Craig Road
Hillsborough, CA 94010
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Bedrooms

5

Bathrooms

5 (5 full)

Square Feet

3,985

Acres

0.09

Year Built

1950

Garage Space

2

Property Type

Residential

Days on Market

42

Property Highlights

Modern farmhouse in the coveted Carolands neighborhood of Hillsborough Situated on a flat and spacious halfacre lot this home has been remodeled and expanded from the studs to offer the ultimate in modern luxury The main house features 4 bedrooms and 4 bathrooms including a newly renovated primary suite with a walkin closet and an expanded bath for a spalike retreat Inside youll be greeted by soaring 16foot ceilings stunning wood floors and abundant natural light that highlights the homes premium upgrades The kitchen is a chefs dream boasting topoftheline Thermador appliances and a spacious 11foot island La Cantina doors seamlessly blend indoor and outdoor living leading to a backyard oasis with ample space for a potential pool and a bocce ball court for added recreation The 1BR ADU adds versatility featuring a 5th bedroom and 5th bathideal for guests gym or a private office This stunning property offers the perfect combination of modern living luxury and space in one of Hillsboroughs most desirable neighborhoods Welcome home

Property Features

Appliances:

Microwave, Refrigerator

Flooring:

Wood

Living Area:

3985

Property Management Analysis for 588 Craig Road*

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 $37,584 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.
Find out more information about ERA Property Management services!
Property Services
$31,650
Low
$37,584
Estimate
$41,936
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 94010 appears promising. Located in the affluent area of Hillsborough, California, the demand for rental properties remains strong due to its prime location and desirable amenities. The area boasts prestigious schools, high-end retail establishments, and picturesque views, attracting both affluent local residents and professionals working in nearby cities like San Francisco. Additionally, with the high cost of homeownership in the region, many individuals and families opt to rent rather than buy, further driving up the demand for rental properties. As a result, property owners in 94010 can expect steady rental income and potentially higher rental rates, making it an attractive market for investors. However, it is crucial for landlords to stay updated on current rental regulations and trends to ensure they remain competitive in this dynamic market.

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Payment Calculator

$

30 years fixed

7%

Monthly Payment
$50,536
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.
Listing by: Phil Chen
Christie's International Real Estate Sereno
MLS #: ML81995433
Buyers Agent Compensation: Not specified
Listing Date: 3/3/2025
Last Updated: 4/15/2025
Views: 1
Saved: 0
Data sourced from California Regional MLS.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
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