$640,000
●
House -
Off Market
1151 Lerma Lane
Gilroy, CA 95020
3 Beds
2 Baths,
1
Half Bath
1,322 Ft²
$874,580
RealtyHop Estimate
37.75%
Since Oct 1, 2017
CA-San Francisco
Primary Model
About This Property
Charming 3 bedroom, 2.5 bath home offering 1,322 sq ft that feels
more like 1,700 sq ft! Open floor plan and well maintained home
with central A/C, high vaulted ceilings and indoor laundry. Front
gated courtyard and private backyard perfect for entertaining. Very
well maintained! Quaint neighborhood and walking distance to
schools. Don't miss the chance to own this beautiful home!
Unit Size
1,322 Ft²
Days on Market
29 days
Land Size
0.11 acres
Price per sqft
$480
Property Type
House
Property Taxes
-
HOA Dues
$79
Year Built
1987
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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: 5 months ago (MLSListings Inc. #ML81675169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
| | |||
|
Look no further you have found your Home! Stunning 3 bedroom 2 bath home with Master bedroom and bathroom on bottom floor! This newly painted home with new granite counter tops in the kitchen and bathrooms are amazing! Not to mention Dual Pane Windows! Vaulted ceilings as well. This home boast an open floor plan with great front and back yards! Plaza inspired front yard, great for evening relaxing! This home is located in the Luigi and Christopher High School district. Don't miss the chance on this gorgeous home.
| |||
| Sep 21, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by Coldwell Banker Realty | $634,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Gilroy
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Listed by: Katie Eaton, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81675169
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81675169
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