39
Map
$799,000
●
House -
Off Market
232 Washington Street
San Jose, CA 95112
2 Beds
1 Bath
920 Ft²
$3,924
Est. Monthly
About This Property
A charming Craftsman bungalow in the heart of downtown San Joses
historic Hensley District. This move-in ready 2 bed, 1 bath home
offers 920 sq ft of bright, updated living space with original
character details, including exposed brick and vintage molding
throughout. A sunlit dining area with built-in bench seating flows
into the refreshed kitchen, which blends modern finishes with
classic charm and features new stainless steel appliances. The
private backyard features a large deck, barbecue grilling station,
and raised garden beds. A one-car garage suited for a compact
vehicle adds everyday convenience. Just blocks from historic
Japantown and a short walk to San Pedro Square Markets restaurants,
coffee shops, and nightlife, the home offers easy access to public
transit, Highways 87, 101, and 280, San Jose State, downtown
employers, and nearby tech campuses. A rare opportunity to own a
home with character, comfort, and downtown convenience all in one.
Unit Size
920 Ft²
Days on Market
77 days
Land Size
0.05 acres
Price per sqft
$868
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1902
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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: 4 months ago (MLSListings Inc. #ML82045046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Apr 29, 2026 | Listed by Real Estate 38 | $825,000 | |
| Listed by Real Estate 38 | |||
| Jul 17, 2025 | Price Increased |
$830,000
↑ $131K
(18.7%) | |
| Price Increased | |||
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Central San Jose
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Listed by: Zaid Hanna, Real Estate 38
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML82045046
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML82045046
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