$845,000
●
House -
Off Market
8820 Rancho Hills Drive
Gilroy, CA 95020
4 Beds
3 Baths
2,407 Ft²
$1,055,820
RealtyHop Estimate
26.31%
Since Jun 1, 2019
CA-San Francisco
Primary Model
About This Property
Beautiful home nestled in the highly coveted Northwest foothills of
Gilroy. Comfortable kitchen and family room layout. New
carpet throughout the property and updated hardwood. Open spacious
high ceilings with large skylight in the living room. Fully freshly
painted interior accents the entire home.Multiple windows allow an
abundance of natural light and views of your large backyard and
pool. Downstairs bed w/ adjoining bathroom encourage family visits
or a private office. Master bed has high ceilings, walk-in closet,
double vanity and a jetted tub, Don't miss the Jack and Jill
bathroom with access to two additional upstair bedrooms.
Think Mini suites. Enjoy the large and spacious
backyard, pool and front porch. Don't miss the second roll up
garage door! Perfect for the Car collector, toy hauler or
boat parking. Walk to foothill trails and parks. Watch the
deer feed in the nearby hillsides. Nearby highly sought after Luigi
Elem and Christopher High school districts
Unit Size
2,407 Ft²
Days on Market
35 days
Land Size
0.19 acres
Price per sqft
$347
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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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. #ML81745773)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by Alain Pinel Realtors | $835,900 | |
| Listed by Alain Pinel Realtors | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gilroy
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Currently no similar homes aroundNearby Rentals
Listed by: Tammie Jann, Alain Pinel Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81745773
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81745773
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