Two-Unit Duplex with
For Sale
$1,190,000
295 Fanyon Street, Milpitas, CA 95035
Two residences include one-car garages, central forced-air heating, and public water and utility service.
Property Size2,219 SF
Lot Size0.19 Acres
Price / SF$536.28
Days on Market132
Property Features for 295 Fanyon Street
General Information
Standard status
Active
Size
2,219 SF
Total Parking Spaces
2
Lot size
0.19 Acres
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
deferred maintenance
Site & Location
Neighborhood
North San Jose
Units
Unit Mix
3BR/2BA, 2BR/1BA
Multifamily Units
2
Amenities
Central Forced Air
Public Utilities, Water - Public, Composition, Shingle
Building Details
Year Built
1971
Listing Agency:
Compass
Listed By:
Ashley Mateo
(650) 279-7475
Source:
Kw
Added: Jun 14
Changed: Oct 21
Last Checked: Oct 21 at 1:16AM
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 Compass
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Investment Insights
Based on property information with market context.
This duplex contains 2,219 square feet of living space across two residential units. The unit mix includes a three-bedroom, two-bath residence and a two-bedroom, one-bath residence. Both units have central forced-air heating, and the property includes two one-car garages. The exterior is finished with composition shingle materials and served by public water and utilities.
Built in 1971, the property occupies an approximately 8,219-square-foot lot. The current tenancy has continued for more than 30 years. Deferred maintenance is present in both units, creating a need for property work before or during continued ownership.
Built in 1971, the property occupies an approximately 8,219-square-foot lot. The current tenancy has continued for more than 30 years. Deferred maintenance is present in both units, creating a need for property work before or during continued ownership.
Key Highlights
- Two‑unit duplex with a three‑bedroom, two‑bath unit and a two‑bedroom, one‑bath unit
- 2,219 square feet of living space
- Approximately 8,219‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,467
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,340
$989.3K
Cap Rate 7%
$706,671
$706.7K
Cap Rate 9%
$549,633
$549.6K
Market Conditions
NOI Build-Up for 2,219 SF
Gross rent
$74.6K $33.60/SF
− Vacancy
−$3.9K −$1.75/SF
EGI
$70.7K $31.85/SF
− OpEx
−$21.2K −$9.55/SF
NOI
$49.5K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,340
Cap Rate 7%
$706,671
Cap Rate 9%
$549,633
Alternative Uses
Best Use
Multifamily LT 5
$706.7K
$618.3K – $824.5K
NOI $49,467 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$602.6K
$527.2K – $703.0K
NOI $42,179 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,775 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 95035, CA
80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences include one-car garages, central forced-air heating, and public water and utility service.
Where is this duplex located?
The property is located at 295 Fanyon Street Milpitas, CA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom, two‑bath unit and a two‑bedroom, one‑bath unit; 2,219 square feet of living space; Approximately 8,219‑square‑foot lot
