$2,700,000
●
House -
Off Market
4025 SUTHERLAND Drive
Palo Alto, CA 94303
3 Beds
2 Baths
1,342 Ft²
$3,027,762
RealtyHop Estimate
37.75%
Since Oct 1, 2017
CA-San Francisco
Primary Model
About This Property
Enjoy the extra space offered by this expanded & remodeled home,
that has an outstanding south Palo Alto location near Mitchell
Park, local shopping, FB & Google. Large rear yard & patio
are perfect for outdoor living and entertaining! Lovely curb appeal
begins at the tree-lined street & newly landscaped front yard
leading to a covered porch. Living/dining room ensemble
offers a cozy fireplace, & new wood flooring that runs throughout
the living areas. Enjoy cooking in the newly remodeled kitchen
which has abundant cherry cabinetry topped by quartz slab counter
top, & new stainless gas range & hood. Master bedroom suite is very
large, & offers plantation shutters, & newly upgraded bath.
Separate patio/family room is perfect for everyday living, has 2
bright skylights, & convenient rear yard access. Large & quiet rear
yard with tree-shaded, paver patio for entertaining, & convenient
large storage shed. Highly regarded Palo Alto schools: Fairmeadow,
J.L. Stanfore, & Gunn High.
Unit Size
1,342 Ft²
Days on Market
36 days
Land Size
0.15 acres
Price per sqft
$1,638
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (MLSListings Inc. #ML81674984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by Compass | $2,198,000 | |
| Listed by Compass | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Charleston Gardens
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Listed by: Jeff Stricker, Compass
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81674984
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81674984
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