53
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1995 Old Calaveras Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Coldwell Banker Realty | $6,600,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to 1995 Old Calaveras Road, a truly rare 20-acre estate in the heart of Silicon Valley. This one-of-a-kind Milpitas property offers 10 acres of flat and 10 hillside, providing endless potential for personal or business use. The property features a 9,600 sq. ft. air-conditioned building. Ideal for a business owner, investor, or visionary looking for storage, workspace, or commercial flexibility. The 1,750 sqft single-story home makes an excellent guest house, second home, or temporary residence while you design and build your dream estate. Imagine your own private horse ranch, vineyard, or creative compound. All just minutes from major tech campuses like Google, Meta, Netflix, and Adobe. Properties like this rarely come to market. Experience the perfect blend of space, privacy, and opportunity. Right in Silicon Valley
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| Oct 27, 2025 | Listed by Coldwell Banker Realty | $6,600,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 15, 2025 | Price Decreased |
$6,600,000
↓ $1M
(17.5%) | |
| Price Decreased | |||
| Jun 23, 2024 | Listed | $8,000,000 | |
| Listed | |||
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This is a unique multi faceted property with so much to offer. It includes a residence, an office, and a 9600sq ft storage building. Next to multi-million dollar estates and across the street from subdivisions. Age of home is the effective age after updates. Permitted uses by "right" include residential, wholesale nurseries and wineries. Other uses by permit include religious institutions, public schools k-12, private clubs, receptions, restaurant, bar, kennels, golf course, hospitals, clinics, shooting range, non profits, solar energy conversion facilities and much more. For more zoning information see Santa Clara County Zoning Ordinance 2.20.020. Property is serviced by Milpitas sewer and private well for water source. Don't miss the chance to explore the possibilities this property presents! Step into the future with 1995 Old Calaveras Rd!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017