62 W Reed ST
House in Market-Almaden
Active
62 West Reed Street, San Jose, CA 95110
Open House: Sat Apr 1, 9AM - 11AM
27
Map
$699,000
3
Beds
2
Baths
–
Half Bath
1,240
Ft²
$564
$/ft²
0.09
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
Beautifully renovated historic Reed Landmark home in San Jose. Near
the heart of downtown within steps to restaurants, breweries, music
venues and parks. Â Close to the new Google campus and
shopping. Â This home has been upgraded with all new kitchens
and baths featuring new detailed tile work, all new shaker
cabinets, quartz countertops, new plumbing, and new flooring
throughout. Â Exquisite detail with the wainscotting on the
walls throughout. New alarm system and AC. Light, bright and fresh...
LISTING AGENT
The Jamison TeamTuscana Properties[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Zoning
The zoning code for this property is RM.Geography
The property is located in zip code 95110.Building Features
Exterior
Wood Siding
Parking
Detached Garage
Home Features
Home Systems
Security System
Appliances
Gas Cooktop
HVAC
Central A/C
Price History
| Date/Event | Event | Price |
|---|---|---|
| Mar 30, 2023 Relisted | Relisted | $699,000 |
| Mar 21, 2023 In contract | In contract | - |
| Mar 4, 2023 Price Decreased | Price Decreased | $699,000 $200K (22.2%) |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$43,800ExpensesPer Year
$0Operating ProfitPer Year
$43,800 Cap rate
6.27%Price Estimate
$842,000$721,506$601,013
20232024202520262027
Current Asking Price
$699,000
HopScore Market Price
$721,506
The current asking price is $22,506.63 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| In Contract | House | 2 | 2 | 1,082 ft² $646/ft² | $699,000 |
| In Contract | Condo | 2 | 2 | 1,421 ft² $535/ft² | $760,000 $794/mo |
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Neighborhood
About Market-Almaden
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Nearby Rentals
62 West Reed Street has been categorized by the local assessors in San Jose, CA as a residential type of property.
The building on the property was first built in 1900 and is 123 years old.
The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom
and unclear on the number of partial bathrooms in the property.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 62 West Reed Street has 1,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet...
