$1,525,000
●
House -
Off Market
649 Moreno Lane
Santa Clara, CA 95050
4 Beds
2 Baths
1,384 Ft²
$1,437,658
RealtyHop Estimate
10.76%
Since Mar 1, 2021
CA-San Francisco
Primary Model
About This Property
Move right in to this beautiful, 4 Bedroom Santa Clara home on a
huge corner, 7500+sf lot. Nestled on a tree lined street within a
quiet neighborhood yet just a couple miles from the Apple Spaceship
Campus. Enter through the front door from the sunny porch into a
large living room. Enjoy the open flow of this well designed
floorplan w/ a Chefs Kitchen, dedicated Dining area overlooking the
peaceful yards. The gourmet kitchen boasts shaker cabinets w/ glass
display cabinet doors, granite countertops, GAS stove, built in
microwave, travertine floors and plantation shutters. 4 spacious
bedrooms await. The luxurious master bedroom retreat is located at
the back of the house and features a spacious master bath w/
pedestal sink, tile floors and a shower over soaking tub. Gleaming
HW floors, Central forced heating & AC, newer roof! Enjoy the
outdoors in the huge front & backyards w/ a large entertaining
deck, lush greens & a newer Hot Tub! Quick access to Target,
Sprouts, Valley Fair & more!
Unit Size
1,384 Ft²
Days on Market
50 days
Land Size
0.17 acres
Price per sqft
$938
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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. #ML81824023)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 24, 2020 | Listed by Intero Real Estate Services | $1,298,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Santa Clara
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Listed by: Mary Clark, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81824023
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81824023
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