$1,080,000
●
House -
Off Market
514 Mayellen Avenue
San Jose, CA 95126
3 Beds
1 Bath
1,088 Ft²
$1,080,989
RealtyHop Estimate
-1.55%
Since Apr 1, 2023
CA-San Francisco
Primary Model
About This Property
Newly renovated! Located on a quiet street, this beautiful light
filled home is completely move in ready with more features than can
be listed. The brand new kitchen features custom cabinetry,
including a large island with seating for 4, stainless steel
appliances and subway tile backsplash. Luxury wide-planked vinyl
flooring flows throughout the home with fresh paint and LED
lighting. The open floorplan extends through the French doors and
out onto the back patio. The spacious backyard gives endless
opportunity for expansion of the home, adding an ADU or the perfect
place for a garden. Private laundry room. Centrally located, this
home is nearby to Santana Row, Valley Fair Mall and San Jose City
College. Nearby to HWY 280, 87 and 880.
Unit Size
1,088 Ft²
Days on Market
37 days
Land Size
0.13 acres
Price per sqft
$1,009
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 (MLSListings Inc. #ML81918091)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by KW Bay Area Estates | $1,098,000 | |
| Listed by KW Bay Area Estates | |||
| Jan 6, 2023 | No longer available | - | |
| No longer available | |||
| Dec 6, 2022 | Listed by Keller Williams Los Gatos Estates | $1,100,000 | |
| Listed by Keller Williams Los Gatos Estates | |||
| | |||
|
Newly renovated! Located on a quiet street, this beautiful light filled home is completely move in ready with more features than can be listed. The brand new kitchen features custom cabinetry, including a large island with seating for 4, stainless steel appliances and subway tile backsplash. Luxury wide-planked vinyl flooring flows throughout the home with fresh paint and LED lighting. The open floorplan extends through the French doors and out onto the back patio. The spacious backyard gives endless opportunity for expansion of the home, adding an ADU or the perfect place for a garden. Centrally located, this home is nearby to Santana Row, Valley Fair Mall and San Jose City College. Nearby to HWY 280, 87 and 880. The manager has listed the unit size as 1088 square feet.
| |||
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central San Jose
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Listed by: Julie Wyss, KW Bay Area Estates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81918091
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81918091
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