1
Map
$1,250,000
●
House -
Off Market
5888 Lean Way
San Jose, CA 95123
3 Beds
2 Baths,
1
Half Bath
1,830 Ft²
$1,176,589
RealtyHop Estimate
-1.95%
Since Oct 1, 2023
CA-San Francisco
Primary Model
About This Property
Charming 3 Bedroom Home in the desirable Santa Teresa Neighborhood.
This single-family home offers 3 bedrooms, 2.5 bathrooms, and 1,830
square feet of living space. The spacious floor plan is perfect for
entertaining. The kitchen features tile countertops, upgraded
appliances, and ample cabinet space. The large primary suite
includes two walk-in closets and an en suite bathroom with an
oversized vanity. Two additional bedrooms share a full bathroom.
The private backyard oasis features a patio, lawn, and mature
landscaping, perfect for relaxing or enjoying meals al fresco.
Other features include hardwood floors throughout, upgraded
lighting fixtures, attached 2-car garage. This move-in ready home
is situated on a spacious 6,076 square foot lot in a prime location
close to schools, restaurants, shopping, and access to major
freeways. A rare opportunity to own in the prestigious Santa Teresa
neighborhood.
Unit Size
1,830 Ft²
Days on Market
33 days
Land Size
0.13 acres
Price per sqft
$656
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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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: 8 months ago (MLSListings Inc. #ML81938917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by KW Bay Area Estates | $1,200,000 | |
| Listed by KW Bay Area Estates | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Edenvale
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Listed by: Aaron Derbacher, KW Bay Area Estates
Last Updated: 8 months ago
Data Source: CRMLS, MLS# ML81938917
Last Updated: 8 months ago
Data Source: CRMLS, MLS# ML81938917
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