$2,030,000
●
House -
Off Market
308 Lavender Drive
Mountain View, CA 94041
3 Beds
3 Baths,
1
Half Bath
1,844 Ft²
$2,002,636
RealtyHop Estimate
0.23%
Since Oct 1, 2021
CA-San Francisco
Primary Model
About This Property
Located within the sought-after Old Mountain View neighborhood with
sidewalk lined streets, excellent local parks, Landels Elementary,
Stevens Creek Trail, the transit center, and all of the wonderful
shops and restaurants on Castro Street steps away. Well-placed at
the back of a charming community of just 39 homes with a park-like
courtyard directly outside your pergola-covered front porch. Inside
the extensively upgraded home, enjoy three spacious bedroom suites
outfitted with substantial custom built-ins, open-concept living
spaces, and a designer chef's kitchen with abundant storage. Each
room is filled with natural light via tall windows, while rich wood
floors, 9-foot ceilings, and stunning stone accents create a
luxurious atmosphere throughout. Plus, experience the convenience
of having solar panels and an attached two-car garage with epoxy
floors and a Tesla Powerwall. Truly the best of downtown living!
Unit Size
1,844 Ft²
Days on Market
35 days
Land Size
0.06 acres
Price per sqft
$1,084
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
2008
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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: 9 months ago (MLSListings Inc. #ML81860056)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Intero Real Estate Services | $1,998,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Mountain View-Downtown
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Listed by: David Troyer, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81860056
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81860056
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