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689 Springwood Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by Intero Real Estate Services | $2,998,000 | |
| Listed by Intero Real Estate Services | |||
| Jun 6, 2025 | Price Increased |
$2,958,888
↑ $209K
(7.6%) | |
| Price Increased | |||
| May 27, 2025 | Listed | $2,750,000 | |
| Listed | |||
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Welcome to 689 Springwood Dr, a thoughtfully remodeled 4-bedroom, 2-bathroom ranch-style home in the highly sought-after Strawberry Park Neighborhood of West SJ with distinguished Cupertino schools. This spacious and light-filled residence boasts rich Brazilian cherry hardwood floors, recessed lighting and a smartly designed layout that includes separate living, dining, and family areas ideal for both everyday living and entertaining. The modern kitchen is a chef's dream, showcasing granite countertops, updated appliances, and generous cabinetry. Eco-conscious upgrades include a tankless water heater, fully owned solar panels and a Tesla Powerwall. Step outside into a beautifully landscaped backyard oasis, complete with elegant pavers, a shaded pergola, and mature fruit trees, perfect for relaxing or hosting gatherings. This home is minutes from major tech campuses and premier shopping and dining destinations such as Santana Row, Valley Fair, and Westgate Mall. John Mise Park, Mitty High School, Challenger, Harker, and Mitsuwa Marketplace are all within a mile. With outstanding curb appeal, modern upgrades, and a premium location, this move-in-ready home delivers comfort, style, and long-term value. Don't miss your chance to own in one of San Jose's most desirable neighborhoods!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017