Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    160 Michael Dr Campbell, CA 95008-3231
    Back to Search
    Property profile & analytics

    160 Michael Dr, Campbell, CA 95008-3231

    View on Map
    • Apartment buildings
    • 5,475 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Jan 5, 2024
    Property ID
    US09-0600863
    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.
    Value Estimations
    $1,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 160 Michael Dr

    Year built
    1977
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Zone code
    R-3
    Property type
    Apartment buildings
    APN
    412-11-062
    APU
    41211062

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 5, 2024 — Sky Bay Ventures LLC Rakesh Seth Grant Deed —
    Feb 24, 2022 $3,150,000 Rakesh Seth Eva Kashkooli Grant Deed $1.5M · First Republic Bank
    Feb 24, 2022 — Babu Kesavan Venkatraman Subhadra Venkatraman Intrafamily Transfer · related —
    Oct 18, 2021 — Eva Kashkooli Eva Kashkooli Intrafamily Transfer · related —
    Jul 27, 2001 $232,500 Kashkooli Trust Benson Trust Grant Deed —
    May 11, 2001 $18,500 Fred Kashkooli Freiwald,bernard & Lean Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,735,000
      6.5%
      $1,600,000
      7%
      $1,485,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,945,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Campbell
    County
    Santa Clara
    State
    California
    Longitude
    -121.934
    Latitude
    37.2846
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $43,222
    $2,132,820
    $1,144,440
    $3,277,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,640,000
      30,485 SF

      1845 Bascom Ave

      APARTMENT HOUSE (5+ UNITS)
      1845 Bascom Ave, Campbell, CA 95008-2321
      View Details
    • Value Estimation
      $3,725,000
      18,490 SF

      45 3rd St

      APARTMENT HOUSE (5+ UNITS)
      45 3rd St, Campbell, CA 95008-2000
      View Details
    • Value Estimation
      $825,000
      4,896 SF

      200 Hamilton Ave

      APARTMENT HOUSE (5+ UNITS)
      200 Hamilton Ave, Campbell, CA 95008-0537
      View Details
    • Value Estimation
      $2,335,000
      17,276 SF

      160 Hamilton Ave

      APARTMENT HOUSE (5+ UNITS)
      160 Hamilton Ave, Campbell, CA 95008-0536
      View Details
    • Value Estimation
      $12,885,000
      97,421 SF

      715 Hamilton Ave

      APARTMENT HOUSE (5+ UNITS)
      715 Hamilton Ave, Campbell, CA 95008-0441
      View Details
    • Value Estimation
      $4,495,000
      27,978 SF

      240 Hollis Ave

      APARTMENT HOUSE (5+ UNITS)
      240 Hollis Ave, Campbell, CA 95008-4855
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,204 SF

      Renovated Apartment Community in Campbell

      Recently renovated nine-unit apartment community near Downtown Campbell.
      430 Dunster Dr, Campbell, CA 95008
      View Details
    • $4,300,000

      Renovated Apartments in Downtown Campbell

      Turn-key, renovated nine-unit apartment complex near Downtown Campbell.
      430 Dunster Dr, Campbell, CA 95008
      View Details
    • $1,950,000

      Campbell Multifamily Investment Opportunity

      Four-unit property near amenities with income potential.
      786 Sharmon Palms Ln, Campbell, CA 95008
      View Details
    • $1,888,888
      2,056 SF

      Updated Duplex in Campbell, CA

      Updated duplex in Campbell offers flexibility and income potential.
      956 W Hacienda Ave, Campbell, CA 95008
      View Details
    • New
      $2,100,000
      3,136 SF

      Remodeled 4-Unit Residential Income Property

      Well-maintained fourplex in R-2 zoning with remodeled interiors, in-unit laundry, and month-to-month tenant leases.
      205 Burnham Ct, Campbell, CA 95008
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Campbell Office Space Available

      Office space for rent in Campbell, California.
      1700 Dell Ave, Campbell, CA 95008
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent in Campbell, California.
      1999 Bascom Ave S, Campbell, CA 95008
      View Details
    • Contact for pricing

      Campbell Flex Space Available

      Flex space available for rent in Campbell, California.
      743 Camden Ave #A, Campbell, CA 95008
      View Details
    • Contact for pricing
      10,182 SF

      Office Space Available For Lease

      Office property available for lease, totaling 10,182 square feet.
      901 Campisi Way, Campbell, CA 95008
      View Details
    • Contact for pricing
      3,686 SF

      Campbell Flex Space Available

      Flex space available for rent in Campbell, California.
      37 4Th St, Campbell, CA 95008
      View Details
    • Contact for pricing
      5,349 SF

      Campbell Retail Space For Rent

      Retail space available at Campbell and Bascom Avenue intersection.
      1875 S Bascom Ave, Campbell, CA 95008
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    160 Michael Dr
    Campbell, CA 95008-3231
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    160 Michael Dr, Campbell, CA, 95008
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!