551 Mclaughlin AVE
San Jose, CA 95116
- 3 beds
- 2 baths
- 1,172 sqft
- 9,583 sqft lot
- $1,099 per sqft
- 1941 build
- – on site
Welcome to this charming property that offers more than just a place to call home. There are multiple units on this property, of which one unit that is a 2 bedroom 1 bath will be delivered vacant. The property is complemented by additional rental units producing around $8100 in income! This presents a unique opportunity to offset your living expenses or just make it into a pure rental, the choices are endless. This property is ideally located, ensuring everything you need is just a stone's throw away. With the added convenience of ample parking and privacy for each unit, managing your new investment is hassle-free. Whether you're stepping into the world of property investment or seeking a smart way to make your home work for you, is an excellent choice. It's not just a home; it's a smart financial move towards a brighter future.
Last checked:
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Last updated Apr 22, 2024
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MLS# 81959015 —
This home is listed in more than one place. See it here, and here.
Monthly cost estimate
Asking price
$1,288,880
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,901
|
| Taxes | N/A |
| Insurance | $354 |
| Utilities | $173 See report |
| Total | $7,428/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/26/24
Mar 26, 2024
|
Relisted | MLSLISTINGS | $1,288,880 | 17.2% (8.6% / YR) |
|
4/1/22
Apr 1, 2022
|
BRIDGE | $1,099,999 | ||
|
4/1/22
Apr 1, 2022
|
CRMLS_CA | $1,099,999 |
48% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $66k above asking price on average, but some went as high as $311k over asking price.