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ActiveCondo

$649,000

401 S Norfolk St Apt 301, San Mateo 94401

Beds1
Baths1
Sqft729
DOM12
No Photos Available

AddressIntel AI Briefing

As a newer condo unit, this property offers zero realistic teardown potential and is already priced above its estimated micro-market ARV. Development opportunities are non-existent, leaving this strictly to retail buyers looking for move-in ready housing.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Mateo)

07/06/20262078 QUEENS LN, SAN MATEO CA 94402-0000
Electrical Service Upgrade
$2,000Issued
07/06/20261720 MONTICELLO Rd, San Mateo CA 94402-0000
Auto Issue Permit
--Pending Payment
07/02/2026649 MAGNOLIA DR SAN MATEO 94402-1960 CA
Single Family (Addition) - Add/Alter
$200,475Issued
07/02/2026408 TERRACE WAY SAN MATEO CA 94403-2710
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$50,000Issued
06/30/20261585 LEXINGTON AVE, SAN MATEO CA 94402
Electrical Service Upgrade
--Pending
06/30/2026SAN MATEO CA 94402-0000
Building Permit Revision
--Received

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Proprietary Intelligence

Market Heat Index

62/100

Based on recent sales velocity and local demand in 94401.

Flippability Score

15/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

41%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Based on 6 recent sales in 94401 averaging $843/sqft.

Hard Costs$437,600
New Build1,094 sqft
Total Capital Required$1,261,600
Estimated Resale (ARV)$922,242

Projected Profit

-$339,358
-26.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (94401)

11 Hayward Ave Unit 3002

Sold
$1,400,000
Sold: 2026-07-03
Lot: -
Sqft: 1530
$/Sqft: $915

802 N Delaware St Apt 409

Sold
$520,000
Sold: 2026-06-04
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Sqft: 693
$/Sqft: $750

401 S Norfolk St Apt 216

Sold
$695,000
Sold: 2026-06-29
Lot: -
Sqft: 913
$/Sqft: $761

1765 Hemlock Ave

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Lot: 4,965
Sqft: 1840
$/Sqft: $808

1025 Indian Ave

Sold
$1,533,000
Sold: 2026-07-01
Lot: 5,820
Sqft: 2655
$/Sqft: $577

225 Eldorado St

Sold
$1,670,000
Sold: 2026-06-30
Lot: 6,059
Sqft: 1340
$/Sqft: $1,246