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ActiveTownhouse

$1,298,888

216 8th Ave, San Mateo 94401

Beds2
Baths2
Sqft1,400
DOM10
No Photos Available

AddressIntel AI Briefing

This condo is priced significantly above current market comparables and shows a compressed estimated rental yield. Given the premium price point and lack of bulk play options, this asset is not a compelling buy-and-hold play.

Property Permit History

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

Recent Neighborhood Remodeling (San Mateo)

2026-09-0427 PRAGUE ST SAN MATEO 94401-1310 CA
Single Family (Alteration/Repair) - Alter
$25,000Issued
2026-09-03242 GREENFIELD AVE Unit: B SAN MATEO CA 94403-5010
Single Family (New) - New
$636,373Issued
2026-09-031543 KALMIA ST SAN MATEO CA 94402-3038
Single Family (Alteration/Repair) - Alter
$60,678Issued
2026-09-03242 GREENFIELD AVE SAN MATEO CA 94403-5010
Single Family (New) - New
$1,080,236Issued
2026-09-011542 ROBERTA DR SAN MATEO 94403-1044 CA
Single Family (Alteration/Repair) - Alter
$145,047Issued
2026-09-011600 LODI AVE SAN MATEO 94401-3658 CA
Single Family (Addition) - Add/Alter
$530,000Issued

Parcel & Zoning Info

APN106600160
Official Lot Sqft601
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$928 vs $722 mkt
Price vs Market+28.4% Above market
Est. Rent$4,510/mo

Price positioning vs. 126 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

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

Nearby Public Schools

Elementary School

Sunnybrae Elementary

San Mateo-Foster City

0.3 miles away
Middle School

Borel Middle

San Mateo-Foster City

0.8 miles away
High School

Aragon High

San Mateo Union High

1.0 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

66/100

Based on recent sales velocity and local demand in 94401.

Flippability Score

20/100

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.

Median of 3 recent townhome sales in San Mateo (94401): $807/sqft. Sized within 25% of the 2,100 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,155,000
New Build2,100 sqft
Total Capital Required$2,628,888
Estimated Resale (ARV)$1,694,700
Cost of Sale (5%)-$84,735
Net Proceeds$1,609,965

Projected Profit

-$1,018,923
-38.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94401)

Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

31 Tidal Way

Sold
$1,490,000
Sold: 2026-04-02
Lot: -
Sqft: 1983
$/Sqft: $751

701 2nd Ave Unit 2

Sold
$1,520,000
Sold: 2026-03-27
Lot: -
Sqft: 1730
$/Sqft: $879

320 S Humboldt St

Sold
$1,308,000
Sold: 2025-11-18
Lot: 2,023
Sqft: 1620
$/Sqft: $807