NOT LISTED FOR SALE

3591 Lafayette St Santa Clara, CA 95054

North Santa Clara Neighborhood
8 Beds
-- Bath
3,456 Sq Ft
436 Sq Ft Lot

Last Sold October 05, 2013

Last sale price $885,000 $256 Per Sq Ft

13 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Montague Elementary School Rated A-
  • Laundry Facilities

About This Home

As of October 2013

Great unit mix - (4) 2+1.5 with garages and private yards/balconies. Spacious units - average 864 square feet each. Below market rents. Market GRM is 12.34. Corner lot. 1 mile from Rivermark Plaza and 2 miles from new 49ers stadium. Close to Highway 101, Lightrail.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 08/27/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 436

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $63,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $900
  • Insurance Expense $1,000
  • Maintenance Expense $2,800
  • Other Expense $1,890
  • Utility Expense $480
  • Operating Expense $22,624
  • Gross Income $63,960

Additional Features

  • 3,456 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 256.08
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3456
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3456
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Shingle, Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7841.00
  • Lot Size Area Min Search: 7841.00
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.07

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 900
  • Expense Maintenance: 2800
  • Expenses Other: 1890
  • Expenses Total: 22624
  • Expenses Utility: 480
  • Expense Water Sewer: 4800
  • Income Annual Gross: 63960.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 63960
  • Income Includes: Laundry, Lease
  • Income Laundry: 960
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Range of Values:

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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
10/05/2013 10/05/13 Sold $885,000 -1.7% $256 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $900,000 -- $260 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Justin Bautista

    Cassidy Turley Northern California, Inc.

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Map

Source: MLSListings

MLS Number: ML81331605

MLSListings

APN: 101-07-001

California Santa Clara County Santa Clara 95054 North Santa Clara

3591 Lafayette St, Santa Clara, CA

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