$1,125,000
●
Land -
Off Market
588 Union Avenue
San Jose, CA 95008
Studio
0 Bath
$1,441,039
RealtyHop Estimate
20.09%
Since Sep 1, 2020
CA-San Francisco
Primary Model
About This Property
This level lot is just under 15,000 square feet and is located only
a few short blocks from the revitalized Pruneyard Shopping Center
and historic Downtown Campbell. A very deep lot, it can easily
accommodate a large residence, circular driveway, in-law unit
and/or ADU * Ranked the #2 best suburb to live in on the West Coast
by Sunset Magazine, Campbell offers a lifestyle unlike many others.
The vibrant downtown with many dining and shopping options, plus
the revamped Pruneyard Center make living in Campbell a real treat.
Enjoy weekly farmers markets every Sunday in the heart of Downtown,
summer concert series on Thursdays, and various holiday festivals
throughout the year. Other events in Campbell include a Spring and
Fall wine walk, First Fridays and Second Saturdays with art and
street entertainment, Boogie on the Avenue, and Oktoberfest. Take a
drive through the town and youll quickly realize why so many people
in the Bay Area are choosing Campbell as their new home.
Unit Size
-
Days on Market
77 days
Land Size
0.34 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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: 9 months ago (MLSListings Inc. #ML81796316)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Intero Real Estate Services | $1,200,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
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About Union
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Listed by: Keith Walker, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81796316
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81796316
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