Tenant-Occupied Triplex with
New
For Sale
$1,999,998
5200 Snow DR, San Jose, CA 95111
Residential Income (2-4 units), SAN JOSE, CA
Property Size2,952 SF
Lot Size0.14 Acres
Price / SF$677.51
Days on Market4
Property Features for 5200 Snow DR
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R2
Bedrooms
8
Rooms
Bedroom 2, Bedroom 7, Bedroom 3, Bedroom 8, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4
Parking features
Covered
Subdivision
South San Jose
Standard status
Active
Size
2,952 SF
Lot size
0.14 Acres
Utilities
Heating system
Forced Air, Central
Water source
Public
Amenities
coin-operated laundry
Building Details
Year built
1972
Number of units
3
Flooring type
Tile, Laminate
Roof type
Composition
Listing Agency:
Keller Williams Thrive · Keller Williams Realty
(408) 850-6900
Listed By:
Lakshmi Sathyanarayana · License #01472095
(408) 839-4219
Added: Sep 23
Changed: Sep 25
Last Checked: Sep 26 at 3:06PM
MLS# ML82019387
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This San Jose triplex contains 2,952 square feet across three tenant-occupied units. The unit mix includes two three-bedroom, two-bath residences and one two-bedroom, one-bath residence. Built in 1972, the property includes a three-car garage, covered parking, coin-operated laundry, tile and laminate flooring, central and forced-air heating, a composition roof, and public water service. The property is zoned R2 and occupies a 0.1377-acre lot.
The location provides access to Highway 101, shopping, dining, parks, public transportation, and major Silicon Valley employment centers. The property address is 5200 Snow DR, San Jose, CA 95111.
The location provides access to Highway 101, shopping, dining, parks, public transportation, and major Silicon Valley employment centers. The property address is 5200 Snow DR, San Jose, CA 95111.
Key Highlights
- Three‑unit property with all residences currently tenant‑occupied
- Unit mix includes two 3BR/2BA units and one 2BR/1BA unit
- 2,952 square feet on a 0.1377‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,775
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,495,500
$1.5M
Cap Rate 7%
$1,068,214
$1.1M
Cap Rate 9%
$830,833
$830.8K
Market Conditions
NOI Build-Up for 2,952 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$111.6K $37.80/SF
− Vacancy
−$4.8K −$1.61/SF
EGI
$106.8K $36.19/SF
− OpEx
−$32.0K −$10.86/SF
NOI
$74.8K $25.33/SF
Area
ZIP 95111
Vacancy
4.27%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,495,500
Cap Rate 7%
$1,068,214
Cap Rate 9%
$830,833
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$934.7K – $1.25M
NOI $74,775 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$983.5K
$860.6K – $1.15M
NOI $68,844 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,055 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 95111, CA
60,593
Population
16,303
Households
3.7
Avg Household Size
36
Median Age
20%
College-Educated
72%
High-School Grad
5.8 sq mi
ZIP Area
10,447
Density / Sq Mi
$97,162
Median Household Income
$43,577
Median Earnings
$1,954
Median Rent
$826,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences with covered parking, coin-operated laundry, and convenient access to Highway 101.
Where is this triplex located?
The property is located at 5200 Snow DR San Jose, CA.
What is the asking price?
The asking price for this property is $1,999,998.
What are key features of this property?
This property features: Three‑unit property with all residences currently tenant‑occupied; Unit mix includes two 3BR/2BA units and one 2BR/1BA unit; 2,952 square feet on a 0.1377‑acre lot
