$2,200,000
●
House -
Off Market
1416 Norman Drive
Sunnyvale, CA 94087
3 Beds
1 Bath
965 Ft²
$10,803
Est. Monthly
About This Property
only for comps.
Unit Size
965 Ft²
Days on Market
56 days
Land Size
0.22 acres
Price per sqft
$2,280
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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. #ML82030392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | Listed by Maxreal | $2,200,000 | |
| Listed by Maxreal | |||
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Keller Williams Realty-Silicon Valley | $1,850,000 | |
| Listed by Keller Williams Realty-Silicon Valley | |||
| | |||
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This is an incredible chance for investors or cash buyers to grab! This property offers an enormous-sized lot, a rarity that allows boundless creativity in reimagining the home. A perfect home for a multi-generational family. Its unbeatable location near shopping, restaurants, downtown Sunnyvale, Main Street-Cupertino, and major highways like 85/280/101, makes it a prime investment. It is close to major tech giants like Apple, Google, Facebook, LinkedIn, Intel, and other attractive employers. The cherry on the top is the excellent schools, with the elementary school a few blocks away and the middle school just around the corner. Don't miss out on this opportunity.
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Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Raynor
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Listed by: Qian Wang, Maxreal
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML82030392
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML82030392
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