Listed by: Valerie Soltau, Parc Agency Corporation
$5,430,000
●
House -
Off Market
321 Claire Place
Menlo Park, CA 94025
7 Beds
4 Baths
3,990 Ft²
$24,551
Est. Monthly
About This Property
Amazing opportunity to own and customize or build your new home on
one of Menlo Parks premier cul de sacs. The charming home with its
dormer windows and brick walkways has every formal room including a
living room, dining room, office, and huge family room. There
is an ensuite bedroom and two other bedrooms that share a hall bath
downstairs. Upstairs includes a primary ensuite with vaulted
ceiling, balcony and an adjacent office with built in cabinets,
three additional bedrooms and another hall bath. The spacious
lot includes fruit trees and pretty camellias all on a magnolia
lined street. The lot is private, the location is quiet and
ideal to downtown Menlo Park, local parks and schools. How will you
make this home your dream home?
Unit Size
3,990 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$1,253
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 years ago (CRMLS #ML82001090)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Listed by Parc Agency Corporation | $5,000,000 | |
| Listed by Parc Agency Corporation | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Central Menlo Park
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Listed by: Valerie Soltau, Parc Agency Corporation
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82001090
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82001090
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