Beatriz Lopez & Enrique Lopez Acquire Multifamily Property In San Jose, CA For $6.1M
3819 Underwood Drive, San Jose, California 95117, United States
$6,142,022
$1,540/SF
Building Size
3,986 SF
Asset Type
MultiFamily
Closing
Jun 13, 2022
AI
The multifamily property located at 3819 Underwood Dr in San Jose, CA has been sold in a recent transaction. The property spans 3,986 square feet and was sold for a total price of $6,142,022, resulting in a price per square foot of $1,540.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,142,022
- SF: 3,986
- PPSF: $1,540
- Address: 3819 Underwood Dr, San Jose, CA
Beatriz Lopez & Enrique Lopez have purchased the property from Daniel Katz & David Katz.
Players
San Jose MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93