54 W Reed ST
Property in Market-Almaden
In Contract

43
Map



$1,398,000
5
Beds
–
Bath
–
Half Bath
1,082
Ft²
$1,292
$/ft²
0.1
Acres
Harcourts Non-Distressed Auction - Bidding to start from $699,000.
12pm April 6, 2023. All buyers and financing options welcome.
Contingencies considered. No buyer premiums or additional fees.
Disclosures and reports available. Open to preemptive offers Â
   Two Homes Side By Side. Can be purchased
separately or together as a package. Great for rental units.
 Fully rehabbed historic homes with new contemporary and
trendy design standards featuring detailed tile work, marble quartz
countertops, white shaker cabinets, new oak floors, and upgraded
windows. Â This home is conveniently located near restaurants,
breweries, entertainment venues, downtown and more! Â Great
opportunity for new homebuyers or investment property. Quick access
to HWY 280. Listed as a duplex together...
LISTING AGENT
The Jamison TeamTuscana Properties[email protected]
Building Features
Exterior
Non-Wood ShinglesWood Shingle Siding
Parking
Detached Garage
Condition
New Construction
Home Features
Home Systems
Security System
Appliances
Gas Cooktop
HVAC
Central A/CForced Air
Price History
Date/Event | Event | Price |
---|---|---|
Mar 21, 2023 In contract | In contract | - |
Mar 4, 2023 Price Decreased | Price Decreased | $1,398,000 $400K (22.2%) |
Jan 14, 2023 Listed by Tuscana Properties | Listed by Tuscana Properties | $1,798,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$59,940ExpensesPer Year
$0Operating ProfitPer Year
$59,940 Cap rate
4.29%Price Estimate
$1,648,000$1,411,980$1,175,960
20232024202520262027
Current Asking Price
$1,398,000
HopScore Market Price
$1,411,980
The current asking price is $13,980 below the HopScore market price.
Comparables
Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
---|
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Building Info

Neighborhood
About Market-Almaden
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