One-Bedroom Residential Income
For Sale
$209,900
Pending
60 Wilson Way 70, Milpitas, CA 95035
Senior-community residence with included appliances, central HVAC, and access to a pool and clubhouse.
Property Size672 SF
Days on Market47
Property Features for 60 Wilson Way 70
General Information
Standard status
Pending
Size
672 SF
Property subtype
Manufactured In Park
Listing Agency:
Realty World-Todd Su & Company
(408) 297-8754
Listed By:
Todd Su · License #01355922
(408) 316-9854
Source:
Tfregroup
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 19 at 6:53AM
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 Realty World-Todd Su & Company
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Investment Insights
Based on property information with market context.
Located at 60 Wilson Way, 70, in Milpitas, this 1969 residential income property offers approximately 672 square feet with 1 bedroom and 1 bathroom. The interior includes linoleum flooring in the living room and bedroom, along with a kitchen equipped with a refrigerator, stove, gas oven, pantry, and ceiling lights. The bathroom features a shower with a sliding glass door, cabinets, and laminate flooring. Central air conditioning and heating, plus a washer and dryer, are included.
The property is within a senior community with access to a swimming pool and clubhouse. Outdoor features include a rose bush and lemon tree in the backyard, while shopping centers are located nearby.
The property is within a senior community with access to a swimming pool and clubhouse. Outdoor features include a rose bush and lemon tree in the backyard, while shopping centers are located nearby.
Key Highlights
- Approximately 672 square feet with 1 bedroom and 1 bathroom
- 1969 residential property in a senior community
- Kitchen includes refrigerator, stove, gas oven, pantry, and ceiling lights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,773
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,460
$255.5K
Cap Rate 7%
$182,471
$182.5K
Cap Rate 9%
$141,922
$141.9K
Market Conditions
NOI Build-Up for 672 SF
Gross rent
$24.2K $36.00/SF
− Vacancy
−$968 −$1.44/SF
EGI
$23.2K $34.56/SF
− OpEx
−$10.5K −$15.55/SF
NOI
$12.8K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,460
Cap Rate 7%
$182,471
Cap Rate 9%
$141,922
Alternative Uses
Best Use
Apartment 5plus
$182.5K
$159.7K – $212.9K
NOI $12,773 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.7K
$355.0K – $473.3K
NOI $28,399 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
802
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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Frequently Asked Questions
What type of property is this?
Residential income property - Senior-community residence with included appliances, central HVAC, and access to a pool and clubhouse.
Where is this residential income property located?
The property is located at 60 Wilson Way 70 Milpitas, CA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Approximately 672 square feet with 1 bedroom and 1 bathroom; 1969 residential property in a senior community; Kitchen includes refrigerator, stove, gas oven, pantry, and ceiling lights
