487 James Road
487 James Road
Description
- Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 415-722-2200
Property Details for 487 James Road
Location
Property Details for 487 James Road
| Status | Active |
|---|---|
| MLS # | ML81962173 |
| Days on Compass | 13 |
| Taxes | $58,356 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1963 |
| Lot Size | 0.30 AC / 13,068 SF |
| County | Santa Clara County |
Location
Building Information for 487 James Road
Payment Calculator
$31,331 per month
30 year fixed, 7.25% Interest
$26,468
$4,863
$0
Property Information for 487 James Road
- Fireplace: No
- Living SqFt: 7144
- Pool: No
- Security Features: Video / Audio System
- Special Features: None
- Cooling: Ceiling Fan
- Heating: Central Forced Air
- Meters: Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer - Public
- Utilities: Individual Electric Meters, Individual Gas Meters
- Water: Public
- Carport Min: 11
- Garage and Parking: Assigned Spaces, Covered Parking
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 6
- Area Text: South Palo Alto
- Restrictions: None
- Roof: Composition, Shingle
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 487
- Street Name: James
- Street Suffix: Road
- Area ID: 233
- Number of Buildings: 1
- Structure SqFt: 7144
- Structure SqFt Source: Assessor
- Age: 61
- Construction Type: Wood Frame
- Zoning Detail: RM2
- City Limits: Yes
- Parcel Number: 132-46-079
- County Name: Santa Clara
- City Name: PALO ALTO
- City Postal ID: 46
- Postal Code: 94306
- Elementary School: 317
- Elementary School District: 481
- Middle School Text: Ellen Fletcher Middle
- High School District Text: Palo Alto Unified
- High School Text: Henry M. Gunn High
- Foundation: Concrete Slab
- Lot Acres: .30
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- Yard Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto
- No Of Leased: 6
- Annual Tax Amount: $58,356
- Capitalization Rate: 3.53
- Tenant Expenses: Utilities - Electric, Utilities - Gas
- Income Includes: Rents, Other
- Vacancy Factor: 3
- Expense Insurance: $4,239
- Expense Landscape: $7,440
- Expense Maintenance: $6,501
- Expense Management: $0
- Expense Trash: $3,502
- Expenses Other: $9,794
- Expenses Utility: $10,100
- Expenses Total: $99,932
- Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
- Gross Rent Multiplier: 17.36
- Income Annual Gross: $271,062
- Income Annual Rental: $279,420
- Income Gross Scheduled: $279,445
- Income Other: $25
- Unit 1 Full Bathrooms: 3
- Unit 1 Number of Bedrooms: 3
- Unit 1 Rent: $5,360
- Unit 2 Approx Square Footage: 1030
- Unit 2 Full Bathrooms: 2
- Unit 2 Number of Bedrooms: 2
- Unit 2 Rent: $3,475
- Unit 3 Approx Square Footage: 975
- Unit 3 Full Bathrooms: 2
- Unit 3 Number of Bedrooms: 2
- Unit 3 Rent: $3,450
- Unit Type1 Approx SqFt: 1870
Property History for 487 James Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 487 James Road
Schools near 487 James Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Juana Briones Elementary School PublicK to 5 | ||
Ellen Fletcher Middle Public6 to 8 | ||
Henry M. Gunn High School Public9 to 12 | ||
Herbert Hoover Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Newmark Cornish & Carey, Joel Hopman, DRE #01934574
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.