$1,700,000
●
House -
Off Market
218 Jo Drive
Los Gatos, CA 95032
4 Beds
2 Baths
1,489 Ft²
$1,832,393
RealtyHop Estimate
26.46%
Since Jul 1, 2018
CA-San Francisco
Primary Model
About This Property
Los Gatos Charmer. Warm and inviting open concept living room has a
wood burning fireplace and skylight. Kitchen features
caesarstone quartz counter top, peninsula with bar seating, wine
fridge, abundant cabinets, stainless steel appliances and bay
window. Dining area with French doors to inviting back patio. All
generously sized bedrooms. Beautifully refinished hardwood
floors. Recessed lighting. Private backyard has a flagstone patio,
manicured landscaping and built in BBQ area with bar seating and
refrigerator. Two car garage with abundant cabinets. Storage shed.
Close proximity to Live Oak Manor Park. Desirable neighborhood with
top rated schools. Easy access to Hwy 17 & 85.
Unit Size
1,489 Ft²
Days on Market
47 days
Land Size
0.14 acres
Price per sqft
$973
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MLSListings Inc. #ML81701748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$2,274,000
↓ $114K
(4.8%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed | $2,388,000 | |
| Listed | |||
| | |||
|
Wow! Great new price for this charming updated single story home on a quiet tree lined street. Perfect balance of style & comfort enjoy convenient location, just minutes from downtown Los Gatos, shopping and dining, and HWYs 17/85. Manicured front landscaping which creates a warm welcome to the inviting front entry. Inside a lovely interior unfolds. Charming living room has a large bay window & ceiling mounted speakers, perfect for immersive movie nights. The kitchen showcases granite countertops, sleek mosaic tile backsplash, tasteful wood cabinetry, while stainless steel appliances enhance both style and functionality. Large center island opens the kitchen to dining area and family room, creating a seamless flow for gatherings. Natural light floods the space through the large skylight centered in the family room, enhancing the beauty of the marble surround fireplace. A set of french doors provide access to the rear yard. Perfect for entertaining, the rear yard has a spacious flagstone patio surrounded by mature landscaping. Dine al fresco after preparing a meal using the built-in bbq with beverage refrigerator. A detached shed offers a convenient location for extra storage. Enjoy all that this special home has to offer, a wonderful balance of location, amenities, and comfort!
| |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 6, 2018 | Sold | ||
| Sold | |||
Show More
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East Los Gatos
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Greg Simpson, KW Bay Area Estates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81701748
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81701748
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017