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$1,499,989

Beds
6
Baths
3.0
sq ft
2,300

54 Floyd St, San Jose, CA 95110

54 Floyd St

SAN JOSE, CA 95110

  • 39 days on market
Huge Annual income of 92,000 a year. Main home is rented room by room at $1400.00 per room - this is a CASH COW, Hurry....Two homes for the price of one. POSSIBLE SB9 LOT SPLIT TO GET TWO SEPARATE HOMES.....Beautiful Victorian house on a corner lot - 54 Floyd St (4 bed/2 bath, beautifully remodel just a few years ago....... also has FINSISHED BASEMENT that could be used for additional income or extended family - consists of 3 bedrooms,(permits unknown) - Second home with own address - - -1331 Sherman St (2 bed/ 1 bath) with finished basement not included in the square footage- Total of 9 bedrooms in both homes. Excellent location, between Downtown Willow Glen and Downtown San Jose. SF listed is approximate. County records does not seem to be correct. Buyer to verify details. Both homes are fully rented. Total current income is 7600.00 per month- Hurry this is a money maker.

Details

Property type

Single Family Residence

Est. home value

$958,994

Lot size

5,227 sq ft

Price per sq ft

$653

Year built

1892

Price History

05/23/2024
MLSL

MLSL #ML81966939

Listed
$1,499,989
+222.58%
03/07/2010
BridgeMLS

BridgeMLS #ML81001065

Sold
$465,000
+69.09%
12/15/1998
BridgeMLS

BridgeMLS #ML89845664

Sold
$275,000

Schools & Community

Neighborhood: 

Fairgrounds

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$869,312
Asking price
$1,499,989
Closing costs (~8% of asking)
-$119,999
Est. remaining loan balance
-$510,678
Cash to seller
$869,312

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$548,000

Est. remaining balance

$510,678

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Jenny Lethuy Dang

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 10:35 AM

Listing updated: 06/18/2024 at 4:34 PM

Listed by: Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Rob Roham, Compass Phone #: (408) 883-0588

MLS: MLSL #ML81966939

MLSL logo

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