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Santa Clara Single Family Property Sold For $2.12M With Broker Sylvia Tian Of Excel Realty

Property Image
SOLD
$2,120,000

California

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Single Family1,811 SF
Sold 08/12/2024
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Property Image
SOLD

Santa Clara Single Family Property Sold For $2.12M With Broker Sylvia Tian Of Excel Realty

714 Valley Way

See Similar Deals
Single Family1,811 SF
Sold 08/12/2024
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,170
Total Square Footage:1,811 SF
Transaction Type:Sale

A single-family home located at 714 Valley Way in Santa Clara has been sold for $2,120,000. The property encompasses 1,811 square feet, with a price per square foot of $1,171. The sale occurred in a market characterized by a high demand for housing, even in challenging circumstances.

Summary of transaction details:

The property, which has a complicated history following a brutal murder, was on the market for only nine days before it was sold. The listing effectively drew buyers despite the property's past, as it presented the home without referencing the incident.

Players

1 deal$2.1M volume(925) 399-8022
BROKER

Details

SOLD
IMAGE: Sylvia Tian DATE: 08/12/2024 ADDRESS: 714 Valley Way MARKET: Santa Clara ASSET TYPE: Single Family BROKER: Sylvia Tian - Excel Realty SALE PRICE: $2,120,000 SF: 1,811 ~ PPSF: $1,171 NOTE: Bay Area home with a grisly past sells for $2.1M just months after a brutal murder, proving the region’s housing demand trumps even the darkest history. Despite the crime, buyers snapped up the property in nine days, drawn in by a polished listing that omitted any mention of the tragedy.

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Deal Type
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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,531.92
Cash-on-Cash Return-1.27%
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