$842,000
●
House -
Off Market
1525 Welburn Avenue
Gilroy, CA 95020
4 Beds
2 Baths
2,248 Ft²
$1,068,627
RealtyHop Estimate
26.92%
Since Aug 1, 2018
CA-San Francisco
Primary Model
About This Property
Great 4 bedroom 2 bath single story home on 1/2 acre city lot in
desirable westside location. You'll love the large lot with
room for pool, outdoor, kitchen, play structures, RV parking or
boat. Beautiful oak studded lot with private backyard.
Oversize garage with workshop area and great under house
storage. This lovely home features 4 large bedrooms, bright
sunny breakfast area, walk-in pantry, dual-pane windows, sun
tunnels for light and bright feeling. Sought after school area with
Luigi Aprea elementary school and Christopher High School.
Unit Size
2,248 Ft²
Days on Market
50 days
Land Size
0.59 acres
Price per sqft
$375
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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. #ML81705810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Intero Real Estate Services | $1,049,988 | |
| Listed by Intero Real Estate Services | |||
| | |||
|
This single-story 4 bed, 2 bath home sits on a large 1/2 acre lot with a great floorplan and is located in a highly desired west side neighborhood. The majority of the home has been remodeled... New doors, crown molding, and baseboards throughout, ceiling have been retextured, Led recessed lighting throughout with Lutron dimmer switches, custom closet organizers in every bedroom closet, and vinyl plank flooring in most of the home. The kitchen features a new gas range. Plenty of room for extra storage with an unfinished basement. Private backyard with gazebo and bbq area with granite countertops. Room for oversized vehicles and RV parking with an RV sewer connection.
| |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed by Coldwell Banker Realty | $842,000 | |
| Listed by Coldwell Banker Realty | |||
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 Gilroy
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Listed by: Norma Monroe, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81705810
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81705810
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