212 Lynette Way

San Jose, CA 95116

$949,000
Price
Beds
1,630 Sq. Ft.
$582 / Sq. Ft.
1,630
Sq. Ft.
$582
per Sq. Ft.

Description

Back on the market - No fault to the seller. Here's an excellent investment opportunity. Each unit has two bedrooms and one bathroom and features separate electric meters. The property is being sold as is, but it has great income potential as a rental property.Back on the market - No fault to the seller. Here's an excellent investment opportunity. Each unit has two bedrooms and one bathroom and features separate electric meters. The property is being sold as is, but it has great income potential as a rental property.
  1. Listed by Maria Reyes • DRE #01091881 • Brokerage DRE #01104088 • Buyers Realty • 408-515-7365

Property Details for 212 Lynette Way

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
2

Location

Listing Courtesy of Buyers Realty, Maria Reyes, DRE #01091881
Add your commute
LISTING UPDATED: 04/20/2024 10:55 AM

Property Details for 212 Lynette Way

StatusActive
MLS #ML81956827
Days on Compass40
Taxes$10,073 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1959
Lot Size0.12 AC / 5,227 SF
CountySanta Clara County

Location

Listing Courtesy of Buyers Realty, Maria Reyes, DRE #01091881
Add your commute

Building Information for 212 Lynette Way

Stories1Residences2Year Built1959Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$6,018 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$839

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 212 Lynette Way

Features
Features
  • Fireplace: No
  • Living SqFt: 1630
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public, Water On Site
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Alum Rock
  • Roof: Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 212
  • Street Name: Lynette
  • Street Suffix: Way
  • Area ID: 4
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1630
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R2
Location Information
  • Parcel Number: 481-26-009
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95116
  • Elementary School District: 451
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .12
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $10,073
  • Building Unit Total: 2
  • Capitalization Rate: .81
  • Tenant Expenses: Maintenance - Interior, Utilities - Gas
  • Income Includes: Parking
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,200
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $224
  • Expenses Total: $11,497
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 49.43
  • Income Annual Gross: $19,200
  • Income Annual Rental: $19,200
  • Income Gross Scheduled: $19,200
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 815
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,600
Unit Type 1
  • Unit Type1 Approx SqFt: 815

Property History for 212 Lynette Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 212 Lynette Way

Taxable ValueLand$453,334Additions$142,360Total$595,694
Tax Record2023$10,074 ($839 / month)
Home Facts
Total Finished SqFt1,630 SqFtAbove Grade Finished SqFt1,630 SqFtStories1Lot Size5,252 SqFtStyleDuplexYear Built1959ZoningR2CountySANTA CLARAAPN481-26-009Fireplace TypeHas Fireplace

Schools near 212 Lynette Way

This home is within Alum Rock Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Lee Mathson Middle School
Public6 to 8

Independence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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212 Lynette Way is a multi-family home for sale in San Jose, CA 95116. This property was listed for sale on March 7, 2024 by Buyers Realty, it's currently listed at $949,000. This listing's school districts are Alum Rock Union Elementary School District, East Side Union High School District. Nearby schools include Cesar Chavez Elementary School, Lee Mathson Middle School and Independence High School. 212 Lynette Way is a 0-bed, 0-bath, 1,630 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buyers Realty, Maria Reyes, DRE #01091881

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.