27 S Main Street
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 24, 2025 | Listed by Alliance Bay Realty | $3,000,000 | |
| Listed by Alliance Bay Realty | |||
| May 15, 2025 | Listed by Alliance Bay Realty | $3,000,000 | |
| Listed by Alliance Bay Realty | |||
| |||
|
27 S Main St, Milpitas that spans 0.34 acres,15,000 sqft, zoned for mixed-use development. The land is primed for development and capable of accommodating a seven-story building, with approximately 75,000 square feet total building floor area. It can be designed for 48 combination of one, two and three bedroom condo units and 1062 square feet commercial unit area, along with an underground garage.This land is located in a rapidly growing region,and the development of this property offers a unique opportunity to capitalize on the growing demand for mixed-use developments in the area. With its proximity to Silicon Valley, Milpitas has seen a surge in innovation and economic growth, making it an ideal location for this project. The property is conveniently located near public transportation, shopping, and entertainment destinations, making it an attractive destination for businesses and residents alike.
| |||
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by GenX Realty, Inc. | $1,299,900 | |
| Listed by GenX Realty, Inc. | |||
| |||
|
Located by the corner of S. Main Street and Carlo Street this special parcel of land has easy access to W. Calaveras Blvd. and Able Street. The Lot is approximately 14,250sq (.327 acres) with high traffic visibility and approximately 1.1 miles away from Great Mall. Parcel is surrounded by existing established businesses - take a drive and see for yourself and Imagine the many future use options! Buyer to verify all possible uses, zoning, building options and city parking and building requirements. No For-Sale sign on property.
| |||
| Dec 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017