3-Unit Triplex with
New
For Sale
$1,999,998
5200 Snow Dr, San Jose, CA 95111
Tenant occupancy and coin-operated laundry support current residential operations.
Property Size2,952 SF
Days on Market3
Property Features for 5200 Snow Dr
General Information
Standard status
Active
Size
2,952 SF
Property subtype
Investment
Lease Term
12 months
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Gross Income
$109,000
Taxes and HOA fees
Annual Taxes
$20,000
Amenities
coin-operated laundry
Building Details
Building Size
2,952 SF
Year Built
1972
Stories
2
Units
3
Listing Agency:
KW MREMC Thrive, Inc.
Listed By:
Lakshmi Sathyanarayana · License #01472095
(408) 839-4219
Source:
Elliman
Added: Sep 24
Last Checked: Sep 24 at 2:01PM
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 MREMC Thrive, Inc.
Investment Insights
Based on property information with market context.
Built in 1972, this San Jose triplex comprises three residences: two with 3 bedrooms and 2 bathrooms each, plus one with 2 bedrooms and 1 bathroom. All three units are tenant-occupied. The property also includes a 3-car garage, off-street and carport parking, and coin-operated laundry.
The property is at 5200 Snow Dr, near Hwy 101. Shopping, dining, parks, public transportation, and Silicon Valley employment centers are identified in the surrounding area.
The property is at 5200 Snow Dr, near Hwy 101. Shopping, dining, parks, public transportation, and Silicon Valley employment centers are identified in the surrounding area.
Key Highlights
- Three units: two 3BR/2BA residences and one 2BR/1BA residence
- All 3 units are tenant‑occupied
- 3‑car garage, off‑street and carport parking
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Tenant occupancy and coin-operated laundry support current residential operations.
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 units: two 3BR/2BA residences and one 2BR/1BA residence; All 3 units are tenant‑occupied; 3‑car garage, off‑street and carport parking
