Walk to Cupertino Schools!
Thanks very much to Burbed reader B Parker for today’s find on Craigslist! Ads there rarely last long, so we’ll capture everything for posterity. Posterity in Silicon Valley terms is probably even less than a Friedman Unit.
$2064 / 1br – 650ft² – Walk to Cupertino Schools from Your Brand New Home! (sunnyvale) (map)
Date: 2012-05-22, 2:24PM PDT
Reply to: see below [Errors when replying to ads?]
ESXPT220
Belleville Way at Homestead Road (google map) (yahoo map)
- cats are OK – purrr
- dogs are OK – wooof
- it’s NOT ok to contact this poster with services or other commercial interests
PostingID: 3031817347
Here’s why B sent this rental ad in (and we don’t see enough examples of rental ad fail, so we’re quite pleased with this one).
Walk to cupertino schools from your 650sqft 1br apartment
The photo on the Craigslist ad goes to the apartment’s website, which is really great or we wouldn’t have found this awesome kitchen.
But walking distance to Peet’s Coffee AND Starbucks? SOLD to the caffeine fiend with kids who don’t mind sharing your bedroom!
May 26th, 2012 at 9:42 am
Good thing you screen-shotted it, post has been pulled
May 26th, 2012 at 10:14 am
Not to worry, there is an even smaller unit for greater psf cost:
$1931 / 1br – 550ft² – July 1st! 1st Floor, All New Just For You! (sunnyvale)
100 sf smaller (15%) for $100 less per month (5%)
May 26th, 2012 at 12:34 pm
Rents really have gone insane.
May 26th, 2012 at 4:10 pm
Same unit?
$2071 / 1br – 650ft² – Walk to Cupertino Schools! (sunnyvale)
May 26th, 2012 at 5:40 pm
>>Rents really have gone insane.
Now you see why I was so hell bent on buying a rental property when the usual suspects here were ridiculing it.
May 26th, 2012 at 6:11 pm
It wasn’t the idea of buying rental property that we were ridiculing…
May 26th, 2012 at 6:46 pm
Right, it was the idea of ridiculing for the sake of ridiculing, by people who take no action themselves.
May 26th, 2012 at 6:51 pm
But who cares. By brother did not buy anything anyway. The only thing he did is refinancing his own home.
May 26th, 2012 at 9:34 pm
Pralay,
Can you get beyond petty fighting for a change? Grow up man!
May 26th, 2012 at 9:44 pm
Many renters in Village green apartments in Cupertino own homes in the east bay, but live in Cupertino for sake of schools. Most of them are Indians, Chinese, though.
May 26th, 2012 at 10:17 pm
Two thousand for a small one bedroom. In Sunnyvale.
Anyone notice all the new apartment construction in downtown Mountain View? That will help with rental price pressure. The new stuff in Cupertino, though, I think is all condo.
May 26th, 2012 at 10:33 pm
One of the best victories for RBA residents is to stop the housing developments at Mountain View’s Mayfield site. Residents are simply sick and tired of high density housing developments that bring traffic instead of jobs and ongoing tax revenue that office buildings can provide.
May 27th, 2012 at 12:07 am
Jobs definitely don’t increase traffic.
May 27th, 2012 at 1:34 am
Damn. I had essentially the same shitty apartment in Slummyvale for a thou. Have rents gone up that much?
Yet, there are quite a few rooms for $300 on Craigslist. I still maintain that California is cheaper to live in than Ohio.
May 27th, 2012 at 9:22 am
Gilroy Alex, this place has the school premium built in… Check prices in your old hood.
California is cheaper than Ohio because you can leave the furnace off and not die.
May 27th, 2012 at 12:44 pm
#12,
Our infrastructure is not built to support high density housing. When you have homes, you generate other kinds of traffic besides residential traffic, such as school traffic, shopping traffic etc. The schools cannot accommodate so many newcomers. The parks are overcrowded. The library system is overloaded. Businesses, on the other hand, don’t generate such side effects. Businesses also bring in more tax revenue. This was a big win for Mountain View.
May 27th, 2012 at 1:15 pm
Yes, when a new business moves in nothing much changes other than increased tax revenues, no added shopping, traffic, people, and so on. “Facebook Effect” at its best.
May 27th, 2012 at 1:51 pm
For about $400 more you can get a smaller place in Palo Alto.
May 27th, 2012 at 2:00 pm
Moral of the story: It does not make sense to rent. Now may not be the best time to buy a house, but it is definitely the worst time to be renting. My recommendation is to buy now before prices go even higher next year.
May 27th, 2012 at 2:19 pm
Recommendation #2: Buy Facebook on weakness.
This is a great company, and social networking is here to stay. FB is an essential part of your portfolio.
1 year target price: $38
May 27th, 2012 at 3:17 pm
“1 year target price: $38″
No overbidding?
May 27th, 2012 at 3:23 pm
The one year target price is the IPO price. How amusing.
May 27th, 2012 at 3:36 pm
Look at the potential percentage gain if you buy on weakness. It’s virtually free equity.
May 27th, 2012 at 3:49 pm
“It’s virtually free equity.”
I thought that was reserved for housing only.
May 27th, 2012 at 4:23 pm
Given the close of $31.91 and the $38 target in one year, that’s a target of 19% return. If I rent, but put money in FB instead of housing, would I end up ahead of those who are invested in housing instead of FB?
May 27th, 2012 at 5:13 pm
>>I thought that was reserved for housing only.
Have you not heard that stocks are called equity?
>>would I end up ahead of those who are invested in housing instead of FB?
Just do the right thing.
May 27th, 2012 at 5:17 pm
“Have you not heard that stocks are called equity?”
Do you have any stock in your house?
May 27th, 2012 at 5:54 pm
LOL. Go Google “equity market”. You got a long way to go buddy!
May 27th, 2012 at 6:10 pm
Google says, “A = L + SE”
May 27th, 2012 at 6:57 pm
I’ve been there; those places are noisier than the apartments over on Acalanes or Maude and their layouts are as bad as possible. And there’s only one way in and out of the apartment complex.
$2K? WTF. We were paying $1.1K for 900 2br just two years ago.
May 27th, 2012 at 10:19 pm
My recommendation is to buy now before prices go even higher next year.
—–
When my brother provides unsolicited “recommendation”, he is an used car salesman.
May 27th, 2012 at 10:22 pm
Some people just never learn. If you had an open mind, Pralay, you wouldn’t be where you are today.
May 27th, 2012 at 10:30 pm
This is a great company, and social networking is here to stay. FB is an essential part of your portfolio.
—–
Thanks for the invest advice, my brother. Based on the correct valuation of FB, I set the buy-trigger at $8.88. It’s such a lucky number, I am pretty sure the price will come down to this number within a week after lockup period expires.
May 27th, 2012 at 10:33 pm
Some people just never learn.
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Let’s not start talking about the inside information of previous employment Deloitte now.
May 27th, 2012 at 11:43 pm
Let’s not talk about your career as a gloried hacker now.
May 27th, 2012 at 11:45 pm
>>I set the buy-trigger at $8.88. It’s such a lucky number, I am pretty sure the price will come down to this number within a week after lockup period expires.
Typical renter mentality, looking for the small deal, while missing out on the large deal. I’d just buy it at the current price now. It’s already at a deep discount to IPO price.
May 27th, 2012 at 11:48 pm
Is RE too big to fail?
May 27th, 2012 at 11:58 pm
Anyways, I can’t help you if you insist on not making the right decisions with your life, Pralay. It’s been shown here many times over that the calls I make are amazingly accurate. People here have all witnessed it. You have not taken any position that amounted to anything, and that’s a fact.
May 28th, 2012 at 12:01 am
It’s been shown here many times over that the calls I make are amazingly accurate.
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“Amazingly accurate”. Ha ha! You know something is wrong when an individual amazes himself.
May 28th, 2012 at 12:03 am
Right, something is always wrong, including when I was shopping for rental property.
May 28th, 2012 at 12:04 am
Let’s not talk about your career as a gloried hacker now.
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Hacking? Hearing all the “RP” jokes from ex-colleagues constitutes hacking?
May 28th, 2012 at 12:05 am
Including when I said last year that it was the best time to buy a house. Don’t you wish you could go back in time to purchase my advice? Well, I’m giving you another one now. All you need to do is be open minded.
May 28th, 2012 at 12:10 am
Well, I’m giving you another one now.
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Thanks for the advice. I just bought a house today – 1730 stft, built in 1923. Wow! I will be able to celebrate 100 year in 11 years. And as part of celebration I will pour 100 gallon of Drano and change 100 lightbulbs 100 times.
May 28th, 2012 at 12:14 am
Hacking…as in your pathetic career as worker bee security programmer. Let’s not go there, shall we?
May 28th, 2012 at 12:18 am
as in your pathetic career as worker bee security programmer.
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Security programmer? Who? You must have mistaken with my twin brother, who looks exactly like me and worked for Caspain Networks.
May 28th, 2012 at 12:22 am
Correction: Caspain –> Caspian.
Although CasPain sounds appropriate because of the way it went belly up, with lots of pain.
May 28th, 2012 at 12:27 am
You do plan to go back to your job don’t you? Don’t forget the rent will be higher next year.
May 28th, 2012 at 12:29 am
>>Although CasPain sounds appropriate because of the way it went belly up, with lots of pain.
One less place for you to send your resume.
May 28th, 2012 at 12:29 am
Who cares!
May 28th, 2012 at 9:38 am
“Don’t forget the rent will be higher next year.”
Smart people fully understand that paying more is better.