611 Monferino DR
San Jose, CA 95112
- 4 beds
- 2 baths
- 1,405 sqft
- 5,663 sqft lot
- $917 per sqft
- 1977 build
- – on site
Explore this prime investment opportunity: a three-unit rental property that is a single-family home with conversions, generating nearly $7,000 monthly. Each unit is tailored for appeal and comfort, from the spacious, high-end largest unit to the efficient and charming smaller spaces. Convenient features like on-site parking, in-unit laundry, and a tranquil outdoor area ensure tenant satisfaction. Located in a vibrant neighborhood close to amenities, this property promises not just immediate returns but also long-term growth potential. A great investment in this market, its ideal for those looking to expand their portfolio and own something in the sought out areas of the South Bay!
Last checked:
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Last updated Apr 21, 2024
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MLS# 81959018 —
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 | $198 See report |
| Total | $7,453/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
|
Listed / Active | MLSLISTINGS | $1,288,880 | 37.1% (11.3% / YR) |
|
12/10/20
Dec 10, 2020
|
CRMLS_CA | $940,000 | 4.6% | |
|
12/3/20
Dec 3, 2020
|
CRMLS_CA | $899,000 |
60% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $106k above asking price on average, but some went as high as $400k over asking price.