$1,128,000
●
House -
Off Market
1365 Morrill Avenue
San Jose, CA 95132
2 Beds
1 Bath
899 Ft²
$996,437
RealtyHop Estimate
-0.36%
Since Nov 1, 2021
CA-San Francisco
Primary Model
About This Property
UPDATED CHERRYWOOD HOME W/ LARGE LOT | Bright, open, and updated,
this residence boasts a spacious lot with plenty of room for
enjoyment or even expansion. Interiors with dual-pane windows,
wide-plank floors, and French doors open to a backyard with covered
patio and fruit trees. The sunny remodeled kitchen offers
granite-slab countertops and stainless appliances. A detached
studio with skylight is perfect for a workshop, fitness, or office.
Amenities include synthetic turf, recessed lights, crown molding,
and an attached two-car garage. Stroll or bike to Cherrywood
Elementary, Sierramont Middle, and Independence High (buyer to
verify). Easy access to beautiful parks, freeways, groceries,
dining, Great Mall, golf, and more!
Unit Size
899 Ft²
Days on Market
38 days
Land Size
0.18 acres
Price per sqft
$1,112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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: 9 months ago (MLSListings Inc. #ML81862647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2021 | Listed by Keller Williams Realty-Silicon Valley | $999,999 | |
| Listed by Keller Williams Realty-Silicon Valley | |||
Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Berryessa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hsin Feng, Keller Williams Realty-Silicon Valley
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81862647
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81862647
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