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ActiveCondo

$499,000

4608 Capay Dr Unit 3, San Jose 95118

Beds2
Baths1
Sqft903
DOM121
No Photos Available

AddressIntel AI Briefing

An extremely low entry price for the area makes this a stellar cosmetic flip opportunity, though being a unit rules out teardown potential. A budget-conscious renovation can capture a strong yield targeting first-time buyers.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-21 • 2888 WHITTINGTON DR , SAN JOSE CA 95148-3042
Single-Family
$2,212,200Active
2026-10-20 • 4995 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$115,685Active
2026-10-20 • 3959 WHINNEY PLACE WY , SAN JOSE CA 95121-1957
Single-Family
$53,464Active
2026-10-20 • 1378 KEENAN WY , SAN JOSE CA 95125-5990
Townhouse
--Active
2026-10-20 • 4975 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$618,393Active
2026-10-20 • 4090 YERBA BUENA AV , SAN JOSE CA 95121-1044
Single-Family
$94,610Active

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score82/100
Price / Sqft$553 vs $657 mkt
Price vs Market-15.9% Below market
Est. Rent$1,733/mo

Price positioning vs. 57 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.

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Hazard Snapshot

Flood Zone

D
Special flood hazard area; insurance may be required.

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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Reed Elementary

San Jose Unified

0.4 miles away
Middle School

John Muir Middle

San Jose Unified

0.3 miles away
High School

Broadway High

San Jose Unified

0.5 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

69/100

Based on recent sales velocity and local demand in 95118.

Flippability Score

75/100

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

Bidding War Prob.

32%

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 7 recent condo sales in San Jose (95118): $656/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,400 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$770,000
New Build1,400 sqft
Total Capital Required$1,444,000
Estimated Resale (ARV)$964,600
Cost of Sale (5%)-$48,230
Carry (33mo @ 7%)-$187,014
Net Proceeds$729,356

Projected Profit

-$714,644
-49.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95118)

Sized to the modelled 1,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

5687 Hollyleaf Ln

Sold
$830,000
Sold: 2026-09-18
Lot: -
Sqft: 1286
$/Sqft: $645

4822 Pine Forest Pl

Sold
$525,000
Sold: 2026-06-29
Lot: 1,159
Sqft: 1060
$/Sqft: $495

4839 Pine Forest Pl

Sold
$663,000
Sold: 2026-06-25
Lot: -
Sqft: 1063
$/Sqft: $624

1342 Star Bush Ln

Sold
$920,000
Sold: 2026-01-14
Lot: -
Sqft: 1102
$/Sqft: $835

4814 Pine Forest Pl

Sold
$725,000
Sold: 2025-12-17
Lot: 1,063
Sqft: 1063
$/Sqft: $682

5689 Seifert Ave

Sold
$1,120,000
Sold: 2025-10-27
Lot: -
Sqft: 1209
$/Sqft: $926

4853 Pine Forest Pl

Sold
$695,000
Sold: 2025-09-19
Lot: -
Sqft: 1060
$/Sqft: $656