$2,650,000
●
House -
Off Market
1408 Ernestine Lane
Mountain View, CA 94040
3 Beds
3 Baths
1,728 Ft²
$2,790,726
RealtyHop Estimate
26.92%
Since Aug 1, 2018
CA-San Francisco
Primary Model
About This Property
Nestled in the quiet St. Francis Acres Neighborhood in one of the
most central locations in Mountain View-close to downtown,
hospital, library, parks, commute to world class companies and
feeds into the prestigious Los Altos High School. This well
landscaped home is graced with drought tolerant and low maintenance
hardscaping. Great layout with lots of natural lighting
attributed to large windows, sliders and skylights with hardwood,
engineered hardwood and polished tiled flooring throughout the
home. Foyer opens up to a spacious living room with vaulted
ceilings. More recent upgrades includes the conversion of the
4th back bedroom into a larger family room graced with a gas
decorative fireplace with large sliders to the backyard
conveniently adjacent to a walk in closet and full bathroom.
Kitchen features granite countertops and stainless steel
appliances with a dine in kitchen. There is nothing more to
do than to move and enjoy this home in a great neighborhood!
Unit Size
1,728 Ft²
Days on Market
27 days
Land Size
0.12 acres
Price per sqft
$1,273
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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. #ML81710838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2018 | Sold | ||
| Sold | |||
| Jun 21, 2018 | Listed by Redfin | $2,198,888 | |
| Listed by Redfin | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Miramonte-Springer
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lin-Lin Tsou, Redfin
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81710838
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81710838
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