Duplex with Detached
New
For Sale
$2,205,000
827 Sevely Drive, Mountain View, CA 94041
Two separate residences offer flexible living arrangements, private outdoor areas, and updated interior finishes.
Property Size2,772 SF
Price / SF$795.45
Days on Market7
Property Features for 827 Sevely Drive
General Information
Standard status
Active
Size
2,772 SF
Total Parking Spaces
2
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
in-unit laundry
private side yard
large private yard
fireplace
Building Details
Year Built
1964
Buildings
1
Listing Agency:
KW Bay Area Estates
(408) 605-9999
Listed By:
Mario Ramirez · License #01093234
(408) 605-9999
Source:
Exitrealty
Added: Aug 5
Changed: Aug 11
Last Checked: Aug 10 at 2:32AM
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 Bay Area Estates
Investment Insights
Based on property information with market context.
This Mountain View duplex contains 2,772 sq ft across two distinct residences, with a detached two-car garage. The front unit includes two bedrooms and one bathroom, refinished hardwood floors, fresh paint and flooring, in-unit laundry, and a private side yard. The rear residence offers three bedrooms and two bathrooms, along with a spacious living room, separate family room with fireplace, formal dining room, primary suite, refinished hardwood floors, and updated paint and flooring. It also includes a large private yard and has the scale and layout of a single-family home.
Built in 1964, the property combines two residential units with dedicated outdoor areas and garage storage. The configuration supports owner occupancy, extended-family living, or rental use, as described in the property information.
Built in 1964, the property combines two residential units with dedicated outdoor areas and garage storage. The configuration supports owner occupancy, extended-family living, or rental use, as described in the property information.
Key Highlights
- 2,772 sq ft duplex with two distinct residential units
- Front unit includes 2BR/1BA, in‑unit laundry, and private side yard
- Rear unit offers 3BR/2BA, a fireplace, formal dining room, and primary suite
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
$61,794
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
2.80%
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%
$1,235,880
$1.2M
Cap Rate 7%
$882,771
$882.8K
Cap Rate 9%
$686,600
$686.6K
Market Conditions
NOI Build-Up for 2,772 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
$93.1K $33.60/SF
− Vacancy
−$4.9K −$1.75/SF
EGI
$88.3K $31.85/SF
− OpEx
−$26.5K −$9.55/SF
NOI
$61.8K $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 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%
$1,235,880
Cap Rate 7%
$882,771
Cap Rate 9%
$686,600
Alternative Uses
Best Use
Multifamily LT 5
$882.8K
$772.4K – $1.03M
NOI $61,794 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$752.7K
$658.6K – $878.2K
NOI $52,690 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,145 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,433
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible living arrangements, private outdoor areas, and updated interior finishes.
Where is this duplex located?
The property is located at 827 Sevely Drive Mountain View, CA.
What is the asking price?
The asking price for this property is $2,205,000.
What are key features of this property?
This property features: 2,772 sq ft duplex with two distinct residential units; Front unit includes 2BR/1BA, in‑unit laundry, and private side yard; Rear unit offers 3BR/2BA, a fireplace, formal dining room, and primary suite
