NOT LISTED FOR SALE

1240 Normandy Way Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
4 Beds
2 Baths
2,295 Sq Ft
6,599 Sq Ft Lot

Last Sold January 30, 2018

Last sale price $1,370,000 $597 Per Sq Ft

24 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Laundry Room
  • Westwood Elementary School Rated A
  • Tile Countertops
  • Forced Air Heating System

About This Home

As of January 2018

This is a beauty!!So many improvements, upgrades and remodelling*This is a must see!!Rear unit rented for $2,575 per month on a one yr lease*Front unit vacant for open house*Extensive work done,much repiping with copper, extensive foundation work and stabilization, double paned windows, beautiful kitchen cabinets, canned lighting, refinished hardwood floors, new lino in kitchen & baths, new appliances and on and on and on...Off of Monroe near Manchester and Roxbury*Gross rent is assumed with front unit rented at $2,575. Owner has spent over $125,000 in all improvements/ repairs, repiping etc...Due to those who disturbed the tenant in the rear unit, the lockbox has been removed, do not disturb the tenant!!!!

Last Agent to Sell the Property

Tom Antonopoulos

Real Property Investments License #00492309 Listed on: 10/19/2017

Last Buyer's Agent

Helen Du

Compass License #01782114

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,599 Sq Ft Lot

Parking

  • 1 Car Garage
  • Off-Site Parking

Home Design

  • Duplex
  • Wood Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,295 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $61,800

Community Details

Overview

  • 2,295 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $600
  • Insurance Expense $800
  • Maintenance Expense $500
  • Utility Expense $480
  • Operating Expense $4,844
  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2295
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2295
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Off-Site Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 21.84
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 800
  • Expense Landscape: 600
  • Expense Maintenance: 500
  • Expenses Total: 4844
  • Expenses Utility: 480
  • Income Annual Gross: 61800.00
  • Income Annual Rental: 61800
  • Income Gross Scheduled: 61800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $1,370,000 +1.5% $597 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $1,350,000 -- $588 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tom Antonopoulos

    Real Property Investments

    (408) 391-9546

    24 Total Sales

    Tom Antonopoulos
    Section Image

  • H

    Buyer's Agent in 2018

    Helen Du

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81682138

MLSListings

APN: 269-58-025

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

1240 Normandy Way, Santa Clara, CA

Not Listed for Sale

MultiFamily

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