NOT LISTED FOR SALE
6 Beds
2 Baths
2,732 Sq Ft
3,820 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $1,250,000 $458 Per Sq Ft

31 Days on Market

About This Home

As of November 2020

At $1,299,500 this three year ago remodeled 2732 ft.² duplex with 5 bd/2ba upper and 4 bd/2ba lower is THE BEST VALUE in San Jose!! Incredible income opportunity!! High cash flow with EXCELLENT Rents $4700 - $4200 per month, per unit = High Cap Rate! And the BEST is both units are recently unoccupied. No tenant issues, set your own rents. This incredibly located home is less than four blocks from San Jose State and has a grocery market across the street. This is a very desirable roommate rental.

Last Agent to Sell the Property

Matthew Dapolito

Intero Real Estate Services License #02015668 Listed on: 09/24/2020

Intero Real Estate Services

Last Buyer's Agent

Heng Quan

BayOne Real Estate Investment Corporation License #01793987

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 3,820

Parking

  • No Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property

Additional Features

  • Solar Power System
  • 3,820 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $106,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Trash Expense $2,400
  • Operating Expense $14,400
  • Gross Income $103,596

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Duplex
  • Age: 110
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2732
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 2732
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.0877
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3820.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3820.00

Rental Info

  • Gross Rent Multiplier: 12.16
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities, Solar
  • Expense Insurance: 1200
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expenses Total: 14400
  • Expense Trash: 2400
  • Income Annual Gross: 103596.00
  • Income Annual Rental: 106800
  • Income Gross Scheduled: 106800
  • Income Includes: Rents
  • Meters: Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $1,250,000 -3.8% $458 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $1,299,000 -- $475 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81812474

MLSListings

APN: 467-01-051