$610,000
357 W. Virginia Street, San Jose, CA 95125
Current Rent **
$3,200
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
High
Off Market 2 Bedroom House in San Jose (Willow Glen)
Investment opportunity in the prestigious Willow Glen neighborhood of San Jose. This house is an unfinished fixer with a new HVAC system, roof, energy efficient dual pane windows, and new foundation. All work has been done with permits. Comps in area have sold between $880,000 and $1,100,000. I’m looking for Cash Buyers or Hard Money investors who can close fast. I may consider a JV for the right partners.
Comps sold within 1/2 mile radius:
ADDRESS DATE SOLD SALE PRICE $/SQ.FT SQ.FT RM/BR/BTH
1. 526 FULLER AVE 08/28/2019 $1,180,000.00 $1,238.00 953 5/2/1.5
2. 488 ATLANTA AVE 07/31/2019 $950,000.00 $889.00 1,068 5/2/1
3. 957 DELMAS AVE 06/21/2019 $920,000.00 $842.00 1,092 5/3/2
4. 395 GIFFORD AVE 05/15/2019 $793,000.00 $1,032.00 768 5/2/1
5. 489 ATLANTA AVE 05/10/2019 $1,105,000.00 $1,185.00 932 5/2/1
Location:
357 W. Virginia Street, San Jose, CA 95125
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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