51
Map
$2,628,800
●
House -
For Sale
1005 Iris Avenue
Sunnyvale, CA 94086
3 Beds
2 Baths
1,685 Ft²
$12,908
Est. Monthly
About This Property
This wonderful Ponderosa Park home offers a spacious, light-filled
floor plan with vaulted ceilings and has been beautifully refreshed
with new plank flooring, fresh interior paint in the main living
areas, and updated landscaping with a new drip irrigation system.
Move-in ready with a spacious kitchen featuring maple cabinetry,
granite countertops, a large island with sink, and stainless steel
appliances. Other highlights include vaulted ceilings, dual-pane
windows, updated hallway bath with new vanity, modern glass shower
in the primary bath, new whole-house water filtration system, and
new epoxy garage floor, and custom garage storage. Excellent
location within walking distance to Ponderosa Park and Ponderosa
Elementary, with convenient access to shopping, dining, major tech
employers, and commuter routes!
Unit Size
1,685 Ft²
Days on Market
38 days
Land Size
0.14 acres
Price per sqft
$1,560
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 18 days ago (MLSListings Inc. #ML82061174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Listed by Compass | $2,628,800 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Gas Cooktop, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
Flooring Type: Tile, Wood
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 1685
Square Footage Source: $0
Year Built Source: Other
Year Built: 1985
Lot Size Area: 6014
Lot Size Units: Square Feet
Lot Size Acres: 0.1381
Lot Size Square Feet: 6014
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About Ponderosa
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Listed by: Vincent Choi, Compass
Last Updated: 18 days ago
Data Source: CRMLS, MLS# ML82061174
Last Updated: 18 days ago
Data Source: CRMLS, MLS# ML82061174
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