59 Cove Ln, Redwood City, CA 94065

2 bd · 2 ba · 1,240 sqft · built 1983 · Redwood City · CONDOS·source listing ↗

$949,905

$999,900 first listed

seller intel

Price cut

−5.0%

from $999,900

Motivation score

28/100

OnePercent model (vv1)$3,388/mo

p10–p90 confidence band

HUD Fair Market Rent · 94065 · 2BR$4,380/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

San Mateo

Flood risk indexVery High FEMA NRI

Median household income$215,955

Median area rent$3,501/mo

Median home value$1,811,800

the verdict

0.36%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$949,905

0.36% · rent $3,388

Intrinsic value · income approach

$1,016,697

7% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.