54 W Reed ST

Property in Market-Almaden
In Contract
 for Sale at 54 West Reed Street, San Jose, CA 95110

43

 for Sale at 54 West Reed Street, San Jose, CA 95110
 for Sale at 54 West Reed Street, San Jose, CA 95110
 for Sale at 54 West Reed Street, San Jose, CA 95110
$1,398,000
5
Beds
Bath
Half Bath
1,082
Ft²
$1,292
$/ft²
0.1
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$6,864
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         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.  This home is conveniently located near restaurants, breweries, entertainment venues, downtown and more!  Great opportunity for new homebuyers or investment property. Quick access to HWY 280. Listed as a duplex together...

LISTING AGENT


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/EventEventPrice
Mar 21, 2023 In contractIn contract-
Mar 4, 2023 Price DecreasedPrice Decreased$1,398,000 $400K (22.2%)
Jan 14, 2023 Listed by Tuscana PropertiesListed by Tuscana Properties$1,798,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$59,940
ExpensesPer Year
$0
Operating 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
TypeBedsBathsft²
Price/ft²
Price
Common Charges

Payment Calculator


Building Info

54 West Reed Street54 West Reed Street, San Jose, CA 95110
  • 2 Units for Sale
More about this Building
54 West Reed Street
Want to find out who owns 54 West Reed Street, San Jose, CA 95110? Get detailed property transactions here .

Neighborhood

About Market-Almaden

Stats & Trends

The median asking price in Market-Almaden is $998,000.
  • Median Asking

    $998,000
  • Sale Price/ft²

    $732.88
  • Below Asking

    0.02%
  • Days on Market

    28

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2
1,082
$999,000
-/mo
Sep 6, 2022
Expired
-
-
-
-
-

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 399 Hull Ave, San Jose, Ca, 95125

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  • 5 Beds
  • 5 Baths
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399 Hull Ave, San Jose, Ca, 95125Listing by Steve Rumberg
Unit for rent at 637 Fuller Avenue, San Jose, Ca, 95125

$4,900/mo

  • 3 Beds
  • 2 Baths
  • 1,289 ft²
637 Fuller Avenue, San Jose, Ca, 95125Listing by Manager
Unit for rent at 267 Cahill Park Drive #-, San Jose, Ca, 95126

$5,495/mo

  • 4 Beds
  • 2.5 Baths
  • 1,581 ft²
267 Cahill Park Drive #-, San Jose, Ca, 95126Listing by Manager

54 West Reed Street, San Jose, CA 95110


Frequently Asked Questions

What is the median home price in Central San Jose?
The median home price in Central San Jose is $949,000, or $841/sqft. When you buy a home in Central San Jose, you can expect to pay between $732,000 to $1,199,500. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Central San Jose?
The median home price for a studio in Central San Jose is $779,000, or $537/sqft.
What is the median home price for a One-Bedroom in Central San Jose?
The median home price for a one-bedroom home in Central San Jose is $731,500, or $867/sqft.
What is the median home price for a Two-Bedroom in Central San Jose?
The median home price for a two-bedroom home in Central San Jose is $929,500, or $908/sqft.
What is the median home price for a Three-Bedroom in Central San Jose?
The median home price for a three-bedroom home in Central San Jose is $1,200,000, or $792/sqft.
What is the median home price for a Four+ Bedroom in Central San Jose?
The median home price for a four+ bedroom home in Central San Jose is $949,000, or $694/sqft.
What is the breakdown of listings by bedroom count in Central San Jose?
There are currently 19 available properties for sale in Central San Jose. Of those, 5.26% are studio listings, 21.05% are one-bedroom listings, 31.58% are two-bedroom listings, 26.32% are three-bedroom listings, and 15.79% are four+ bedroom listings.
What is the breakdown of listings by property type in Central San Jose?
There are currently 6 condos, 10 houses, and 3 multifamilies located in Central San Jose. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Central San Jose?
The least expensive property sold in Central San Jose for $285,000.
Now, what is the most expensive property sold in the past 12 months in Central San Jose?
The most expensive property sold in Central San Jose for $2,999,975.
How long on average are properties in Central San Jose on the market?
Based on our collected data, properties in Central San Jose are on the market for a median time of 28 days.

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