$1,575,000
●
House -
Off Market
1398 Olympus Drive
San Jose, CA 95129
4 Beds
2 Baths
1,756 Ft²
$2,051,379
RealtyHop Estimate
24.33%
Since Mar 1, 2020
CA-San Francisco
Primary Model
About This Property
Welcome Home to 1398 Olympus Drive, a Lovely Home in the Coveted
West San Jose's Happy Valley/Country Lane Neighborhood. Award
Wining Schools, Tree Lined Streets and a Great Sense of Community
Create Pride of Ownership in this Beautiful Neighborhood. This
Spacious Home with 4 Bedrooms and 2 Bathrooms is Situated on an
Expansive Corner Lot. Great Room/Family Room with Double Doors
Opening to a Separate Living Room. Open Custom Kitchen Connected to
Family with Oak Cabinetry, Granite Countertops, Extra Storage,
Pantry and Desk Area. Family Room with Sliding Glass Door Access to
the Backyard. Hardwood Floors. Copper Plumbing. Custom Woodwork
with many Built-in Cabinets. Separate Office Area. One Block from
Country Lane Elementary. Easy Commute to Silicon Valley's Major
Companies and the New Apple Spaceship Campus. Nearby El Paseo and
Westgate Shopping Centers, Restaurants and Movie Theaters.
Unit Size
1,756 Ft²
Days on Market
41 days
Land Size
0.18 acres
Price per sqft
$940
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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. #ML81779472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by Intero Real Estate Services | $1,650,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Valley
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Listed by: Andy Tse, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81779472
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81779472
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