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    Property profile & analytics

    258 Lynette Way San Jose, CA 95116

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1079017
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 258 Lynette Way

    Property type
    Commercial real estate

    Description

    This fully renovated Class A duplex in San Jose, CA (95116) presents a compelling investment opportunity. Located at 258-260 Lynette Way, this property boasts two units, each featuring two bedrooms and one bathroom, and is currently enjoying 100% occupancy with a gross monthly rent of $7,050. Recent renovations include new kitchens and appliances (Samsung appliances in one unit, featuring European-style cabinetry), updated bathrooms (one with heated floors and a bidet), new interior and exterior doors, new 12mm waterproof laminate flooring in one unit, and mini-split heating and air conditioning systems in each unit. Both units also include new Wi-Fi garage openers with battery backups. The property offers a strong net operating income (NOI) of $64,425, resulting in a 4.62% capitalization rate. The asking price is $1,395,000, or $697,500 per unit. Situated in a highly desirable, quiet neighborhood with ample street parking, this duplex benefits from clean inspection reports and is ready for immediate occupancy. This turnkey investment promises a high return on investment and a secure future for the discerning buyer. The property's location provides easy access to key commute routes, further enhancing its appeal.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8489797
    Latitude
    37.3492958

    Comparable in this City

    • $4,200,000
      10,360 SF

      Julian West Apartments For Sale

      14-unit apartment building with attractive assumable financing and upside potential.
      423 26Th St, San Jose, CA 95116
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    • $3,900,000
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      San Jose Apartment Building For Sale

      13-unit apartment building with assumable financing and upside potential.
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    • $879,000

      San Jose Duplex Opportunity

      Duplex in San Jose near shopping, hospitals, and highways.
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    • $999,000

      Spacious Duplex on Large Lot

      Versatile duplex with income potential, large lot, convenient location.
      1540 E Saint James St, San Jose, CA 95116
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    • $3,250,000

      Alum Rock Multifamily Investment Opportunity

      Two multifamily properties for sale together on Alum Rock.
      Alum Rock Ave, San Jose, CA 95116
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    • $1,150,000

      San Jose Income Property

      Income property with upside potential near downtown San Jose.
      86-88 Eastwood Ct, San Jose, CA 95116
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    Similar Nearby for Sale

    • $4,200,000
      10,360 SF

      Julian West Apartments For Sale

      14-unit apartment building with attractive assumable financing and upside potential.
      423 26Th St, San Jose, CA 95116
      View Details
    • $3,900,000
      10,260 SF

      San Jose Apartment Building For Sale

      13-unit apartment building with assumable financing and upside potential.
      445 26Th St, San Jose, CA 95116
      View Details
    • $879,000

      San Jose Duplex Opportunity

      Duplex in San Jose near shopping, hospitals, and highways.
      230 Montclair Ave, San Jose, CA 95116
      View Details
    • $999,000

      Spacious Duplex on Large Lot

      Versatile duplex with income potential, large lot, convenient location.
      1540 E Saint James St, San Jose, CA 95116
      View Details
    • $3,250,000

      Alum Rock Multifamily Investment Opportunity

      Two multifamily properties for sale together on Alum Rock.
      Alum Rock Ave, San Jose, CA 95116
      View Details
    • $1,150,000

      San Jose Income Property

      Income property with upside potential near downtown San Jose.
      86-88 Eastwood Ct, San Jose, CA 95116
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    Similar Nearby for Lease

    • $42 SF/Yr
      2,617 SF

      San Jose Office Space Available

      Office space available for lease in San Jose, California.
      1653 Mckee Rd, San Jose, CA 95116
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    • $5,000 /Mo

      San Jose Specialty Property

      Specialty property available for rent in San Jose, CA.
      1393 Shortridge Ave, San Jose, CA 95116
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    • $3 SF/Yr
      1,292 SF

      Medical Office Space Available

      Medical office space near Regional Medical Center with easy highway access.
      280 N Jackson Ave, San Jose, CA 95116
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    • Contact for pricing
      5,754 SF

      San Jose Warehouse Space For Lease

      East San Jose industrial warehouse, 2,877 SF available.
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    • Contact for pricing
      1,800 SF

      Restaurant Ready Space Available

      Restaurant and drive-thru pad available near regional medical center.
      2102 Mckee Rd, San Jose, CA 95116
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    • $2 SF/Yr
      1,186 SF

      Professional Office Suite for Rent

      Office suite featuring private offices, reception, and ample storage.
      1865 Alum Rock Ave, San Jose, CA 95116
      View Details
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    258 Lynette Way
    San Jose, CA 95116
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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