1
Map
$555,000
●
Condo -
Off Market
287 Watson Drive #2
Campbell, CA 95008
2 Beds
1 Bath
903 Ft²
$3,262
Est. Monthly
$566
HOA / Fees
5.97%
Cap Rate
About This Property
Incredible opportunity for a cozy condo just moments from downtown
Campbell. This 2 bedroom 1 bathroom condo in the desirable Hamilton
Downs complex is the largest of the McKeon units. Unit #2 boasts
over 900 square feet of living space with the open-concept living
area downstairs and both bedrooms and one full bathroom secluded
upstairs. Features include fresh interior paint, new carpet,
recessed lighting, walk- in closet in the master bedroom, a
dedicated carport w/ 2 storage closets and laundry facilities in
utility room (although some units have added in-unit laundry).
There is plenty of additional parking and the complex has a
sparkling community pool. An ideal opportunity for those seeking a
low maintenance living environment. Enjoy Campbells vibrant energy
with its shopping and dining district, Campbell Community Center,
Farmers Market, Los Gatos Creek Trail, Light Rail System and so
much more. Looking to step into homeownership or an investor
seeking a prime rental opportunity, this condo could be the perfect
fit!
Unit Size
903 Ft²
Days on Market
87 days
Land Size
-
Price per sqft
$608
Property Type
Condo
Property Taxes
-
HOA Dues
$566
Year Built
-
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Cap Rate Calculator
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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: 2 months ago (MLSListings Inc. #ML82050301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$549,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by Coldwell Banker Realty | $599,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Parking Available
Parking Details
Has Carport
Parking Features: Carport, Guest
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar
Appliances: Dishwasher, Electric Cooktop, Disposal, Refrigerator
Flooring Type: Carpet
Exterior Details
Square Footage: 903
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1971
Pool Features: Community
Water Source: Public
Utilities Details
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Insurance, Management, Spa/Hot Tub, Trash, Water
HOA Fee: $566
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2025
|
2 Bed
|
1 Bath
|
798 ft²
|
$655,000
2 Bed
1 Bath
798 ft²
|
$635,000
-3.05%
10/29/2025
|
Andy Meunier
Coldwell Banker Realty
| |
|
07/22/2022
| |
2 Bed
|
1 Bath
|
798 ft²
|
$689,000
2 Bed
1 Bath
798 ft²
|
-
-
|
Debra Ahn
Christie's International Real Estate Sereno
|
|
07/21/2022
|
2 Bed
|
1 Bath
|
798 ft²
|
$689,000
2 Bed
1 Bath
798 ft²
|
$695,000
+0.87%
08/26/2022
|
Debra Ahn
Christie's International Real Estate Sereno
| |
|
06/08/2018
| |
2 Bed
|
1 Bath
|
798 ft²
|
-
2 Bed
1 Bath
798 ft²
|
-
-
|
-
|
|
06/05/2018
|
2 Bed
|
1 Bath
|
798 ft²
|
$575,000
2 Bed
1 Bath
798 ft²
|
$685,000
+19.13%
06/29/2018
|
Shannon Rose
KW Bay Area Estates
|
Building Info
About Central Campbell
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Listed by: Dana Willson, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# ML82050301
Last Updated: 2 months ago
Data Source: CRMLS, MLS# ML82050301
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