3237 Falls Creek
About This Property
This well-maintained residence features a bright and open floor plan with abundant natural light throughout. Spacious living and dining areas create an inviting atmosphere perfect for both everyday living and entertaining. The thoughtfully designed layout provides comfortable bedrooms, generous living spaces, and seamless flow between rooms.
The kitchen offers ample cabinetry, generous counter space, and a functional layout ideal for cooking and gathering with family and friends. Large windows enhance the home's airy feel while providing pleasant neighborhood views.
Step outside to a private backyard perfect for relaxing, gardening, or hosting weekend gatherings. The outdoor space offers plenty of potential for creating your own personal retreat.
Located in the desirable Evergreen area, this home enjoys close proximity to parks, shopping, dining, and excellent schools. Commuters will appreciate the easy access to major highways and nearby employment centers throughout Silicon Valley.
This is a rare opportunity to own a beautiful home in one of San Jose's most sought-after neighborhoods. Don't miss your chance to make 3237 Falls Creek Drive your next home.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | Listed by Citihome | $1,900,000 | |
| Listed by Citihome | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017