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SOLD 8/27/2021

260 Richfield Drive, San Jose, CA 95129$2,175,000

9
beds
--
bath
3917
ft2
· 6994
ft2 lot
$555 / ft2

Listing provided courtesy of Listing Broker: Nomita Shahani, Alain Pinel Realtors
Source bridgeMLS;
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Great 4-Plex in the Cupertino School District. Great investment. Unit 1: 3 bed 2 bath is rented on a 2 year lease (1 year left). Other 3 units have been vacated of long time tenants and been updated with new carpets, updated kitchen in unit 4, granite counters in 2 units. Now ready for new tenants at current market rates which are estimated to be in the $2700 - $2800/mth range. Insurance includes Earthquake at $5532. Dual-Pane Windows, Window A/Cs.Presidential composition roof and painted white to deflect black body radiation and make the units so much more energy efficient. 6- car garage. 2 slots for the 3/2 and 1 each for the other units. With roll up garage doors and remotes. Fantastic reinforced concrete driveway that will last for a long. long time. As compared to asphalt for the neighbors. Newer sewer lateral. Coper piping. Schools are Vargas Elementary, Hyde Middle & Cupertino High! (buyers should verify availability).

HOA

$—/month

On market

3 days

Year built

1965

Property type

Fourplex

Parking

MLS

ML81858390

Price / Sq.Ft.

$555 / ft2

Status

Sold

Home details for 260 Richfield Drive

Interior Features & Layout
Virtual Tour
•   
Virtual Tour Link
Heating & Cooling
•   
Heating Details: Forced Air 1 Zone
Rooms Info
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 3, 2
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 4
Building Info
•   
Building Type: FOURPLEX
•   
Mls Prop Type: FOURPLEX
•   
Unit 4 Sqft: 920
•   
Unit 3 Sqft: 816
•   
Roof: Composition Shingles
•   
Building Age: 3827, 56
•   
Unit 2 Sqft: 816
•   
Unit 1 Sqft: 1365
Lot Info
•   
Zoning: RM
•   
Acres: 0.16
Property Type
•   
Mls Property Type: RESIDENTIAL INCOME
Utilities & Other Information
Other
•   
Fips Code: 06085
Water & Sewer Info
•   
Water / Sewer: Sewer System - Public, Water - Public
Listing Details, Costs & Financing Information
Financial Info
•   
Finances Source: Owner
•   
Misc Income Annual: 4006
•   
Gross Income: 36600
•   
Sale Financing Terms: Cash
•   
Operating Expense Details: Trash Removal
Listing Details
•   
Disclosures: Nat Hazard Disclosure
Lease Info
•   
Net Operating Income: 17602
•   
Monthly Rent Unit 1: 3000
•   
Utilities Paid By Tenant: Electric, Gas
•   
Rental Income Annual: 36000
Listing Info
•   
Status Category: Sold
•   
Status: Sold
Tax/Assessment Info
•   
City Transfer Tax
•   
Tax Year: 2020
•   
Taxes: 4006.46
•   
Apn: 296-39-061
Listing Contacts
•   
Listing Agent Usercode: MLL156888
•   
Listing Agent First Name: Nomita
•   
Listing Agent Last Name: Shahani
Terms
•   
Sale Or Rent: For Sale
Financing Info
•   
Loan 1 Balance: 3285
School Neighborhood & Directions
School Info
•   
Elementary School District Name: Cupertino Union
•   
High School District Name: Fremont Union
Location
•   
Filtered Address: 260 Richfield DR
•   
Address: 260 Richfield Drive
•   
Address Search Number: 260
Other
Other
•   
Other (3) Description: 102220
Calculation
•   
Cdom Mls: 5
•   
Cdom: 4, 5

Neighborhood snapshot

26
Properties for sale
7
Median days on market
$1140.82
Median sold price/sqft
111.26%
Sold/List %
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Property History for 260 Richfield Drive

08/27/2021
08/27/2021
Public Record
sold
Public Record
$2,175,000
+0.93%
08/27/2021
08/27/2021
CRMLS #ML81858390
sold
CRMLS #ML81858390
$2,155,000
08/18/2021
08/18/2021
CRMLS #ML81858390
pending
CRMLS #ML81858390
$2,155,000
08/14/2021
08/14/2021
CRMLS #ML81858390
active
CRMLS #ML81858390
$2,155,000

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