Two-Bedroom Residential Income
New
For Sale
$325,000
171 Quail Holw 171, San Jose, CA 95128
As-is 55+ community home with updated HVAC and water heater, plus shared recreation and wellness amenities.
Property Size1,400 SF
Days on Market7
Property Features for 171 Quail Holw 171
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
clubhouse
swimming pool
spa and whirlpool
billiards room
library
recreation facilities
community laundry
backyard
Building Details
Building Size
1,400 SF
Year Built
1974
Listing Agency:
KW Silicon City
(408) 381-8080
Listed By:
Sunny Mach · License #02189276
(408) 381-8080
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 13 at 7:10AM
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 KW Silicon City
Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom home is offered in its current as-is condition and includes a small backyard for outdoor use. The property was built in 1974, with a new air-conditioning system and heating system installed in July 2026 and a replaced water heater in winter 2025.
The home is located within Quail Hollow, a 55+ community offering a clubhouse, swimming pool, spa and whirlpool, billiards room, library, recreation facilities, community laundry, maintained sidewalks, and off-street parking. Shopping, dining, and entertainment are nearby at The Pruneyard and historic Downtown Campbell, with Whole Foods Market, medical centers, the Los Gatos Creek Trail, Highway 17, and local light rail also identified in the surrounding area.
The property’s mobility scores are bikeScore 75, Very Bikeable; walkScore 61, Somewhat Walkable; and transitScore 47, Some Transit.
The home is located within Quail Hollow, a 55+ community offering a clubhouse, swimming pool, spa and whirlpool, billiards room, library, recreation facilities, community laundry, maintained sidewalks, and off-street parking. Shopping, dining, and entertainment are nearby at The Pruneyard and historic Downtown Campbell, with Whole Foods Market, medical centers, the Los Gatos Creek Trail, Highway 17, and local light rail also identified in the surrounding area.
The property’s mobility scores are bikeScore 75, Very Bikeable; walkScore 61, Somewhat Walkable; and transitScore 47, Some Transit.
Key Highlights
- 2‑bedroom, 2‑bathroom home in Quail Hollow
- New air‑conditioning and heating systems installed in July 2026
- Water heater replaced in winter 2025
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
$29,120
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
8.96%
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%
$582,400
$582.4K
Cap Rate 7%
$416,000
$416.0K
Cap Rate 9%
$323,556
$323.6K
Market Conditions
NOI Build-Up for 1,400 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
$55.4K $39.60/SF
− Vacancy
−$2.5K −$1.78/SF
EGI
$52.9K $37.82/SF
− OpEx
−$23.8K −$17.02/SF
NOI
$29.1K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
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%
$582,400
Cap Rate 7%
$416,000
Cap Rate 9%
$323,556
Alternative Uses
Best Use
Apartment 5plus
$416.0K
$364.0K – $485.3K
NOI $29,120 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$845.5K
$739.8K – $986.4K
NOI $59,185 @ 7.0% cap · market cap 18.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,839
Businesses Nearby
Explore this area
Business Placement
Demographics for 95128, CA
34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - As-is 55+ community home with updated HVAC and water heater, plus shared recreation and wellness amenities.
Where is this residential income property located?
The property is located at 171 Quail Holw 171 San Jose, CA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom home in Quail Hollow; New air‑conditioning and heating systems installed in July 2026; Water heater replaced in winter 2025
