$389,000
SOLD NOV 28, 2016

404 Hyland Dr Salinas, CA 93907

Boronda Neighborhood
4 Beds
3 Baths
1,719 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

3% Below List Price

100 Days on Market

About This Home

As of July 2021

Great income property in Boronda Meadows, 2 homes on a 7405 Sq. ft. lot that is zoned Multiple Family. Front unit has tenants, both units have their own driveways and separate gas & electrical meters.

Last Agent to Sell the Property

Sue Haro

Steinbeck Real Estate, Inc. License #01363013 Listed on: 07/26/2016

Last Buyer's Agent

Jennifer Hardy

Steinbeck Real Estate, Inc. License #02001189

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Range Hood

Flooring

  • Laminate
  • Sustainable
  • Tile

Parking

  • 5 Parking Spaces
  • No Garage
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $31,800

Community Details

Overview

  • 1,719 Sq Ft Building

Building Details

  • Insurance Expense $900
  • Utility Expense $1,200
  • Operating Expense $3,800
  • Gross Income $30,210

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

0

Listing Details

  • Zoning: Multi Family
  • Subclass: Multiple Dwellings / Structures
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1719
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Kitchen: Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1719
  • Stories: 1
  • Flooring: Laminate, Sustainable Materials, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: No Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private, Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.20

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 12.58

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expenses Total: 3800
  • Expenses Utility: 1200
  • Income Annual Gross: 30210.00
  • Income Annual Rental: 31800
  • Income Gross Scheduled: 31800
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Range of Values:

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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 Change Sq Ft Price
07/22/2021 07/22/21 Sold $640,000 -8.4% $372 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $699,000 +79.7% $407 / Sq Ft
11/28/2016 11/28/16 Sold $389,000 -2.7% $226 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $399,990 0.0% $233 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/30/2016 08/30/16 Price Changed $399,990 -8.9% $233 / Sq Ft
07/26/2016 07/26/16 For Sale $439,000 -- $255 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hardy

    Seller's Agent in 2021

    Jennifer Hardy

    Steinbeck Real Estate, Inc.

    (831) 261-1120

    3 in this area

    35 Total Sales

    Jennifer Hardy
    Section Image
  • Gonzalo Sotelo

    Buyer's Agent in 2021

    Gonzalo Sotelo

    Century 21 Showcase Realtors

    (831) 905-5802

    3 in this area

    49 Total Sales

    Gonzalo Sotelo
    Section Image

  • S

    Seller's Agent in 2016

    Sue Haro

    Steinbeck Real Estate, Inc.

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81597083

MLSListings

APN: 261-121-022

California Monterey County Salinas 93907 Boronda

404 Hyland Dr, Salinas, CA

This home is located at 404 Hyland Dr, Salinas, CA 93907 and is currently priced at $389,000, approximately $226 per square foot. This property was built in 1939. 404 Hyland Dr is a home located in Monterey County with nearby schools including Boronda Meadows Elementary School, Henry F. Kammann Elementary School, and Harden Middle School.

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