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ActiveTownhouse

$1,368,000

1188 McKay Dr, San Jose 95131

Beds4
Baths3.5
Sqft2,035
DOM107
No Photos Available

AddressIntel AI Briefing

This San Jose townhouse represents a stable yield investment, priced closely to market comparables with an impressive projected rental income of $4,858 per month. With zero lot-expansion options, it serves as a straightforward cash-flowing addition to a rental portfolio rather than a development project.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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Townhouse
--Active
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Parcel & Zoning Info

APN24447035
Official Lot Sqft2,178
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score64/100
Price / Sqft$672 vs $724 mkt
Price vs Market-7.1% Below market
Est. Rent$4,750/mo

Price positioning vs. 190 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

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

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

Orchard Elementary

Orchard Elementary

0.5 miles away
Middle School

Morrill Middle

Berryessa Union Elementary

1.9 miles away
High School

Santa Clara County Community

Santa Clara County Office of Education

0.6 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

61/100

Based on recent sales velocity and local demand in 95131.

Flippability Score

62/100

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

Bidding War Prob.

22%

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 12 recent townhome sales in San Jose (95131): $695/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 3,100 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.

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$1,705,000
New Build3,100 sqft
Total Capital Required$3,248,000
Estimated Resale (ARV)$2,263,000
Cost of Sale (5%)-$113,150
Carry (33mo @ 7%)-$444,290
Net Proceeds$1,705,560

Projected Profit

-$1,542,440
-47.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95131)

Sized to the modelled 3,100 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1306 Tea Rose Cir

Sold
$1,123,688
Sold: 2026-10-15
Lot: -
Sqft: 1790
$/Sqft: $628

1712 Avenida Elisa

Sold
$1,390,000
Sold: 2026-08-28
Lot: -
Sqft: 2036
$/Sqft: $683

1071 Dewberry Pl Unit 102

Sold
$1,150,000
Sold: 2026-08-25
Lot: 716
Sqft: 1884
$/Sqft: $610

1594 Fairway Green Cir

Sold
$1,350,888
Sold: 2026-08-21
Lot: 1,764
Sqft: 1757
$/Sqft: $769

1339 Lee Pl

Sold
$1,288,800
Sold: 2026-08-07
Lot: -
Sqft: 1851
$/Sqft: $696

998 Arrowleaf Pl

Sold
$1,298,000
Sold: 2026-07-27
Lot: -
Sqft: 1872
$/Sqft: $693

1010 Goldenstar Pl

Sold
$1,290,000
Sold: 2026-07-24
Lot: 600
Sqft: 1718
$/Sqft: $751

1560 Chihong Dr

Sold
$1,281,600
Sold: 2026-06-15
Lot: 2,614
Sqft: 1666
$/Sqft: $769

1087 Bigleaf Pl Unit 109

Sold
$1,150,000
Sold: 2026-06-09
Lot: -
Sqft: 1884
$/Sqft: $610

2092 Sheffield Dr

Sold
$1,250,000
Sold: 2026-06-09
Lot: -
Sqft: 1573
$/Sqft: $795

1901 Beaufort Ter

Sold
$1,090,000
Sold: 2026-05-28
Lot: -
Sqft: 1651
$/Sqft: $660

1011 Giacomo Ln Unit 1

Sold
$1,348,800
Sold: 2026-05-20
Lot: 713
Sqft: 1847
$/Sqft: $730