Listed by: Roberto Iniguez, Keller Williams Thrive
$1,280,000
●
House -
Off Market
421 Mayellen Avenue
San Jose, CA 95126
3 Beds
1 Bath
1,248 Ft²
$5,893
Est. Monthly
About This Property
Don't miss out on this charming 1920's California Craftsman! Large
front porch, surrounded by mature landscape. Original period
details include built in cabinetry, custom wood trim and moldings
throughout with interior pillars. This home has a tastefully
remodeled kitchen and bathroom including open shelving, stainless
steel appliances with Thermador Range, and Silestone countertops.
Upgraded lighting, elegant hardwood flooring, and plenty of natural
light. This home offers a Tesla EV charger with two car parking in
the driveway. This amazing home sports an oversized lot a private
backyard setting for entertaining friends and family. Plenty of
space for storage in the cellar with additional room in the
detached rear shed. Expansion possibilities, ample space for a
detached two car garage, expanded primary on suite or ADU.
Fantastic central San Jose location w/ swift access to local
Freeways, San Jose Mineta Int. Airport, SAP Center, The Alameda,
walking distance to Santana Row, Downtown San Jose Nightlife, Parks
and more.
Unit Size
1,248 Ft²
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
$962
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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: 3 years ago (CRMLS #ML81970953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Keller Williams Thrive | $1,200,000 | |
| Listed by Keller Williams Thrive | |||
| Jul 23, 2023 | No longer available | - | |
| No longer available | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central San Jose
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Listed by: Roberto Iniguez, Keller Williams Thrive
Last Updated: 3 years ago
Data Source: CRMLS, MLS# ML81970953
Last Updated: 3 years ago
Data Source: CRMLS, MLS# ML81970953
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