1
Map
$1,550,000
●
House -
Off Market
1400 Searcy Drive
San Jose, CA 95118
3 Beds
1 Bath,
1
Half Bath
1,180 Ft²
$1,276,746
RealtyHop Estimate
-12.55%
Since Apr 1, 2022
CA-San Francisco
Primary Model
About This Property
Dont miss this light-filled home in the prime Cambrian location.
This 3-bedroom, 2 bathroom, 1,180 sqft home includes an open floor
plan, plenty of room to entertain with a spacious kitchen, a 420
sqft permitted enclosed patio not included in the square footage,
and a large low maintenance backyard. Upgrades throughout the home
are evident, which include recessed lighting, hard wood floors,
stainless steel appliances, granite counter tops, and more. Prime
SJ location with easy access to Hwy 85/87, SJ Airport, and
top-rated schools: Reed Elementary, John Muir Middle & Pioneer High
Unit Size
1,180 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$1,237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 6 months ago (MLSListings Inc. #ML81873850)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Compass | $1,459,999 | |
| Listed by Compass | |||
| Jul 24, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed by Berkshire Hathaway HomeServices Drysdale Prop | $1,098,888 | |
| Listed by Berkshire Hathaway HomeServices Drysdale Prop | |||
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***DON'T MISS THIS GORGEOUS, BEAUTIFULLY UPDATED CAMBRIAN HOME!!!***OVER 420 SQ.FT PERMITTED ENCLOSED PATIO NOT INCLUDED IN SQUARE FOOTAGE PLUS 1180 SQUARE FEET OF LIVING SPACE MAKES THIS A TOTAL OF OVER 1600 SQUARE FEET!!**BONUS ROOM COULD BE A PLAYROOM, GYM/EXERCISE ROOM, MUSIC/ARTIST STUDIO OR....? **CUSTOM BASEBOARDS** CROWN MOLDING**GLEAMING HARDWOOD FLOORS**RECESSED LIGHTING**HUGE REMODELED KITCHEN WITH GRANITE COUNTERS AND SUBWAY GLASS TILE BACK SPLASH** STAINLESS STEEL APPLIANCES**UPDATED BATHROOMS**DUAL PANE WINDOWS**NEWER HEATING AND AIR CONDITIONING WITH SMART ECOBEE SYSTEM TEMPERATURE CONTROL WITH ROOM SENSORS**SMART RING VIDEO DOORBELL**NEWER ROOF AND GARAGE DOOR**OUTDOOR SECURITY CAMERAS**FABULOUS NEIGHBORHOOD AND GREAT SCHOOLS*NEARBY PARKS, TRAILS, SCHOOLS, RESTAURANTS, SHOPPING AND FREEWAYS**
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Cambrian
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Listed by: Jun Chung, Compass
Last Updated: 6 months ago
Data Source: CRMLS, MLS# ML81873850
Last Updated: 6 months ago
Data Source: CRMLS, MLS# ML81873850
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