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A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...
Petaluma is a city in Sonoma County, California, United States, located in the North Bay region of the San Francisco Bay Area. Its population was 59,776 according to the 2020 census. [5] Petaluma's name comes from the Miwok village named Péta Lúuma that was located on the banks of the Petaluma River.
Rancho Petaluma was a 66,622-acre (269.61 km 2) Mexican land grant in present-day Sonoma County, California given in 1834 by Governor José Figueroa to Mariano Guadalupe Vallejo. [1]
Rancho Petaluma Adobe is a historic ranch house in Sonoma County, California. It was built from adobe bricks in 1836 by order of Mariano Guadalupe Vallejo . It was the largest privately owned adobe structure built in California and is the largest example of the Monterey Colonial style of architecture in the United States.
It was built in 1870 as a theater, lecture hall, and dance hall. In 1901, the upper floors were converted to office and meeting space and the street level was remodeled for retail space, and a new prefabricated cast iron facade, manufactured by the Mesker Brothers company of St. Louis, Missouri was installed.
Petaluma Municipal Airport (FAA LID: O69) is a public airport one mile (1.6 km) northeast of Petaluma, in Sonoma County, California, United States. [1] It covers 220 acres (89 ha) and has one runway measuring 3601 x 75 feet. It is used for general aviation. FedEx feeder flies Cessna Caravan 208Bs into Petaluma.
The Miwok people lived in Sonoma County for more than 2500 years. Petaluma was the name of a village on a low hill east of Petaluma creek and north east of the present day town of Petaluma. The first recorded exploration of the Petaluma River was by Captain Fernando Quiros in October, 1776.
Mill Valley is a city in Marin County, California, United States, located about 14 miles (23 km) north of San Francisco via the Golden Gate Bridge and 52 miles (84 km) from Napa Valley.
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