Property Overview:
18841 Arata Way is a single-family home in Cupertino, CA, built in 1963. It features 3 bedrooms, 2 bathrooms, and 1,070 sq. ft. of living space on a 5,662 sq. ft. lot. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $1,393,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4% (lower than state average of 11.8%).
- Property crime risk: 4.7% (lower than state average of 10.8%).
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Schools:
Nearby top-rated schools include Sedgwick Elementary, Hyde Middle, and Cupertino High.- Average SAT score: 1155 (higher than state average of 975).
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Job Market:
- 75.6% white-collar jobs, 24.4% blue-collar jobs.
- Unemployment rate: 2.4% (lower than state average of 4.7%).
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Demographics:
- Community population: 49,807 (16% growth since 2000).
- 71% families with children.
- Largest age group: 35-44 years (18.27%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 48.8°F (January), 86.3°F (July).
- Average rainfall: 17.0 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $114,784.
- Average annual spending: $76,439.
Property Features:
- Located in the Rancho Rinconada neighborhood, a highly desirable area in Cupertino.
- Value is in the lot: Perfect for developers or investors.
- Proximity to Apple campuses, Cupertino Main Street, Santana Row, and Valley Fair.
- Easy access to HWY 280, HWY 85, Lawrence Expressway, and Stevens Creek Blvd.
Location Benefits:
- Nearby amenities:
- Grocery stores: Safeway, Lakshmi Bazaar.
- Coffee shops: Starbucks, Barefoot Coffee Roasters.
- Restaurants: IHOP, Little Sheep Mongolian Hot Pot.
- Close to parks: Rancho Rinconada County Park, Creekside Park, Wilson Park.
- Rental potential: Estimated rent between $3,442 and $4,469/month.