$3,616,000
●
House -
Off Market
1513 Cherry Avenue
San Jose, CA 95125
5 Beds
4 Baths,
1
Half Bath
4,000 Ft²
$4,775,288
RealtyHop Estimate
22.88%
Since Jul 1, 2020
CA-San Francisco
Primary Model
About This Property
Spectacular newer home on Willow Glen's most desirable street
inspired by original Craftsman architecture. Built by Urban Pacific
Homes in 2016. Exceptional finishes include white oak floors in
most rooms, a collection of unique tilework, dazzling lighting
including some by Restoration Hardware, custom window coverings
throughout. 5 bedrooms plus an office and option for a second
office, 5.5 bathrooms, media room, formal living & dining rooms,
gourmet chef's kitchen & tremendous spaces for entertaining as well
as everyday living. Expansive yard with pool, spa, covered loggia
with fireplace, outdoor kitchen with built in BBQ & smoker. Full
pool bathroom & custom temperature controlled wine room. Oversized
garage with built in storage & prepped for 2 EV chargers. Solar
panels. Thoroughly impressive, this energy-efficient home with
beautifully landscaped gardens is located just a few short blocks
away from Willow Glen's vibrant Lincoln Ave filled with shopping
and restaurants.
Unit Size
4,000 Ft²
Days on Market
105 days
Land Size
0.25 acres
Price per sqft
$972
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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. #ML81786089)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Christie's International Real Estate Sereno | $3,886,000 | |
| Listed by Christie's International Real Estate Sereno | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
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Sold On
Sold On
HOA + Taxes
About Willow Glen
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Edward Graziani, Christie's International Real Estate Sereno
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81786089
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81786089
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