Listed by: Kathy Bridgman, Compass
$5,000,000
●
House -
Off Market
830 Laverne Way
Los Altos, CA 94022
3 Beds
3 Baths
1,917 Ft²
$4,478,987
RealtyHop Estimate
-0.36%
Since Nov 1, 2021
CA-San Francisco
Primary Model
About This Property
Opportunity abounds in this sought-after North Los Altos
neighborhood just over one mile from The Village. Spanning almost
one-half level acre, this property is on the market for the first
time since 1960 and is ready to remodel into your own personal
vision or build new. The home is introduced by a towering oak tree
at the center of a sweeping circular driveway. The ranch style home
is bright and light with 3 bedrooms and 3 baths plus a sunroom and
small office. Hardwood floors finish most rooms and vaulted, beamed
and paneled ceilings highlight the main living areas. Vintage
appointments in the kitchen and baths recall the home's treasured
heritage, and outside a sparkling pool and two-room cabana
highlight the wraparound grounds, which include numerous fruit
trees and raised vegetable beds. This home also has access to
excellent Los Altos schools.
Unit Size
1,917 Ft²
Days on Market
23 days
Land Size
0.45 acres
Price per sqft
$2,345
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (CRMLS #ML81864751)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 2, 2023 | Listed by Christie's International Real Estate Sereno | $11,998,000 | |
| Listed by Christie's International Real Estate Sereno | |||
| | |||
|
Nestled on one of the most distinguished cul-de-sacs in North Los Altos, this unparalleled one-of-a-kind residence fuses Japanese minimalism and Scandinavian warmth, with clean lines and natural elements that coalesce to create a serene ambiance. Multi slide glass doors flood the great room with natural light, seamlessly merging the interior with the surrounding landscape. A world class chef's kitchen with double islands lends itself to the casual breakfast or transcends to the gathering space for a lavish soiree. Natural elements are imperceptibly incorporated throughout the three-level floorplan, which offers four en suite bedrooms upstairs. Functional and exclusive, the lower level boasts a fabulous lounge, gym, and media room with a full wet bar backdropped by a state-of-the-art glass wine room. All this plus an 850 sf ADU. And one more thing...enjoy the California lifestyle under the 765 sf covered patio. Customizations available upon request. Estimated completion in Fall 2024. The manager has listed the unit size as 7329 square feet.
| |||
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Compass | $4,495,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Los Altos
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kathy Bridgman, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# ML81864751
Last Updated: 3 years ago
Data Source: CRMLS, MLS# ML81864751
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017