$870,000
●
House -
Off Market
8415 Marcella Avenue
Gilroy, CA 95020
4 Beds
3 Baths
1,588 Ft²
$1,136,943
RealtyHop Estimate
39.35%
Since Sep 1, 2017
CA-San Francisco
Primary Model
About This Property
A little bit of country with lots of charm comes on the market.
Don't let this updated and upgraded home pass you by. 4
Bedrooms 3 Full Bathrooms. Guest area, with its own bathroom and
walk in closet. A second Master Suite with its own granite bathroom
and walk in closet. A hall bathroom with tub and shower. Large
family room and Living room. Laminate floor throughout for easy
care. Sunny Kitchen with gas stainless steel stove, tile counters
and full pantry. Sunny light and bright. Freshly painted inside.
All on 2.57 flat acres of land, with plenty of room for RV parking,
horses, chickens or goats. Mostly fenced with electric gate.
Unit Size
1,588 Ft²
Days on Market
28 days
Land Size
2.57 acres
Price per sqft
$514
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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: 5 months ago (MLSListings Inc. #ML81670086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Relisted | $1,395,000 | |
| Relisted | |||
| Oct 7, 2023 | In contract | - | |
| In contract | |||
| Sep 15, 2023 | Listed by Ezymax Realty Inc. | $1,395,000 | |
| Listed by Ezymax Realty Inc. | |||
| | |||
|
Builders Dream! This beautiful 4 bed, 4 bath, 1,588 square foot home located in Gilroy is ideal for your growing family. This lovely home was built in 1976. The lot size for this home is 2.586 flat acres of land, with plenty of room for RV parking, horses, chickens or goats and many different kinds of fruit trees: Oranges, chinese apple, walnuts, pears. This home is in the attendance area for the following highly-rated schools: RUCKER ELEMENTARY SCHOOL, SOLORSANO MIDDLE SCHOOL, CHRISTOPHER HIGH SCHOOL. Keep things comfortable with the home's built-in air conditioning. This home was built with the comfort and convenience of central forced air heat. Enjoy your everyday meals in the eat-in kitchen. The kitchen comes equipped with impressive stainless steel appliances. Refresh and recharge by taking a swim in your own private pool. This home comes complete with a beautiful backyard barbecue that is ideal for entertaining. Enjoy long summer days in the comfort of the shade provided by the home's pergola. Take advantage of long summer days by doing some outdoor cooking in the barbecue area. Close by Shopping Centers and Freeway 101. The manager has listed the unit size as 1588 square feet.
| |||
| Aug 11, 2017 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santa Clara
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Listed by: Tammie Jann, Alain Pinel Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81670086
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81670086
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