Map

$689,000

20% Min Down

7585 Chestnut ST

7585 Chestnut Street, Gilroy, CA 95020

House in Santa Clara

4 Bed | 2 Bath | 1,524 ft² | $452/ft² | - Cap Rate

Listed Jan 22nd, 2021 (154 days)

Great opportunity for investor or 1st time home buyer. Add your own touches and make this house the home of your dreams. This home is centrally located near downtown Gilroy, 101 Freeway, Costco and Gilroy Premium Outlets, and Gilroy Kaiser medical offices. Property is tenant occupied and is cooperative for showings. However, showings have limited days and hours and require a 2 hour notice.

The manager has listed the unit size as 1524 square feet.

Features & Amenities

Unit Amenities

None
Garage - Attached
Floor Coverings: Carpet, Tile

Building Policies

Learn more about 7585 Chestnut Street, Gilroy, CA 95020

Listed By

History

Date	Event	Price
Feb 11, 2021	Price Drop	$689,000 ListingHistoryRow::__set_state(array( 'event_date' => '2021-02-11', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$689,000', 'orig_value' => '699999', 'listing_id' => '13100091', 'unit' => '', 'building_id' => NULL, 'street_address' => '7585 Chestnut ST', 'citystate' => NULL, 'bedrooms' => '4', 'bathrooms' => '2', 'square_feet' => '1524', 'pretty_url' => 'https://www.realtyhop.com/building/7585-chestnut-st/house/13100091', 'diff_amount' => '-$10,999', 'diff_pct' => -1.5712879589828033, 'orig_diff_rows' => array ( 0 => array ( 'id' => '13100091', 'listing_id' => '13100091', 'created' => '2021-02-11 05:57:19', 'value_date' => '2021-02-11 05:57:19', 'key' => 'price', 'orig_value' => '699999', 'new_value' => '689000', 'unit' => '', 'street_address' => '7585 Chestnut ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '4', 'bathrooms' => '2', 'square_feet' => '1524', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Jan 22, 2021	Listed	$699,999 ListingHistoryRow::__set_state(array( 'event_date' => '2021-01-22', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$699,999', 'orig_value' => NULL, 'listing_id' => '13100091', 'unit' => '', 'building_id' => NULL, 'street_address' => '7585 Chestnut ST', 'citystate' => 'GILROY, CA', 'bedrooms' => '4', 'bathrooms' => '2', 'square_feet' => '1524', 'pretty_url' => 'https://www.realtyhop.com/building/7585-chestnut-st-gilroy-ca/house/13100091', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))

Property Analysis

Price Estimate

$695,890

HopScore Market Price

$689,000

Current Asking Price

+$6,890

Difference from Asking

Cap Rate Analysis

Purchase Price Est. Rental Income * Property TaxesPer Month Maintenance & HOAPer Month

IncomePer Year ExpensesPer Year Operating ProfitPer Year

Operating Profit

$47,400

Purchase Price

$689,000

Cap Rate

6.88%

* Actual income may vary between $3,160 and $4,740 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Sales Rentals

Unit	Br	Ba	ft²	Closed	Price Common Charges

Unit	Br	Ba	ft²	Closed	Price Common Charges

Building Info

7585 Chestnut Street

7585 Chestnut Street, Gilroy, CA 95020

Want to find out who owns 7585 Chestnut Street, Gilroy, CA 95020? Get detailed property transactions here.

Neighborhood

Stats & Trends

Median Asking

Above Asking

Sale Price/ft²

Days on Market

Schools

All (6) Elementary (0) Middle (0) High (0)

School	Type	Grades	Distance
Eliot Elementary	Elementary	KG to 5	0.34 mi
Brownell Middle	Middle School	6 to 8	0.76 mi
Gilroy High	High School	9 to 12	1.21 mi
Dr. Tj Owens Gilroy Early College Academy	High School	9 to 12	3.04 mi
Gilroy Special Ed Preschool		M	0.8 mi
Mt. Madonna High	High School	9 to 12	1.83 mi

School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

Property Price Down Payment % Down Payment $ Mortgage Amount Interest Rate Term (Years) Property TaxesPer Month Maintenance & HOAPer Month Homeowner's InsurancePer Month Principal & InterestPer Month Mortgage InsurancePer Month

$2,918

Per Month

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Overview

7585 Chestnut ST

7585 Chestnut Street, Gilroy, CA 95020

Features & Amenities

Unit Amenities

Building Policies

Listed By

History

Property Analysis

Price Estimate

Cap Rate Analysis

Comparables

Units for sale near 7585 Chestnut ST

Units for rent near 7585 Chestnut ST

Building Info

Neighborhood

Stats & Trends

Schools

Mortgage Payment Calculator

Recent Transactions at 7585 Chestnut ST

Transaction history for 7585 Chestnut Street

Apartments for Sale at 7585 Chestnut Street

Apartments for Rent at 7585 Chestnut Street

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Learn more about 7585 Chestnut ST