Overview

$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

    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

    Units for sale near 7585 Chestnut ST

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 7585 Chestnut ST

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    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

    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

    $2,918

    Per Month

    Inquire about this Property

    Contact A Local Real Estate Expert

    (646) 760-4416

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More

    Recent Transactions at 7585 Chestnut ST

    Transaction history for 7585 Chestnut Street

    Unit Br Ba ft² Listed Listing Agent Asking
    HOA + Tax
    Closed Closing Buyer(s)

    Apartments for Sale at 7585 Chestnut Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

    Apartments for Rent at 7585 Chestnut Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

    Nearby Buildings

    Learn more about 7585 Chestnut ST

    Building at 7585 Chestnut Street, Gilroy, CA 95020

    Ask a Question

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More
    Nearby Addresses
    Popular Buildings