391 Millpond Dr 391, San Jose, CA 95125
Fully remodeled 1,680 SF home in 55+ community.
- Added:
- Apr 24, 2026
- Days on Market:
- 53
- Last Refresh:
- Apr 24 at 3:59 pm
Property Features for 391 Millpond Dr 391
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing agent Ben Beveridge (800) 205-0186
Listing office (800) 205-0186
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ben Beveridge
HighLights
- No property taxes
- Fully remodeled 1,680 sq ft triple‑wide home
- Located in the desirable 55+ Millpond MHC of Willow Glen
- Modern kitchen with new cabinetry, stainless steel appliances, and breakfast bar
- Rare one‑car garage plus additional parking space
- Charming patio deck accessible from dining area and primary bedroom
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.5k | $39.60 |
| − Vacancy | −$2.8k | −$1.66 |
| EGI | $63.7k | $37.94 |
| − OpEx | −$28.7k | −$17.07 |
| NOI | $35.1k | $20.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.866815
- Latitude
- 37.293062