$1,520,000
●
House -
Off Market
976 Las Palmas Drive
Santa Clara, CA 95051
4 Beds
3 Baths
2,137 Ft²
$2,051,285
RealtyHop Estimate
32.35%
Since Jan 1, 2019
CA-San Francisco
Primary Model
About This Property
Enter this spacious home and feel the warmth. Large living room
with gas fireplace, skylight, hardwood floors, vaulted beamed
ceiling. Upgraded kitchen and bathrooms with gorgeous granite
counter tops. Huge family room with natural light. A backyard
perfect for entertaining, grown lemon trees and gardening area. 2
master suites (1 downstairs), for guests or family members.
Upstairs master boasts 2 sink areas, updated shower, quartz counter
tops, 2 walk-in closets, new carpet and over 600 sq ft! New paint
throughout, new light fixtures, new furnace and water heater.
Double pane windows, washer/dryer, water softener and more!
Enjoys lower priced Santa Clara Utilities! Walk to Santa Clara
Library, Central Park and Swim Center with easy access to San
Tomas, Lawrence Expressway and HW 280&101. Close to Apple,
Kaiser Hospital, Nvidia, ServiceNow, and many other employers in
the Valley!!! New STEM School for elementary aged children. A must
see!
Unit Size
2,137 Ft²
Days on Market
80 days
Land Size
0.13 acres
Price per sqft
$725
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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. #ML81724139)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | Listed by Intero Real Estate Services | $1,549,900 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Santa Clara
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Listed by: Maggie Li, Intero Real Estate Services
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81724139
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81724139
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