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ActiveCondo

$599,000

2380 Homestead Rd Unit 3205, Santa Clara 95050

Beds1
Baths1
Sqft820
DOM47
No Photos Available

AddressIntel AI Briefing

This modern condo should be evaluated purely as an investment play focused on rental yield in a stable Santa Clara submarket. It is currently priced above immediate comparable sales, making it a lower-margin bulk opportunity unless a discount is secured. No single-family development pathways are applicable.

Property Permit History

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

Recent Neighborhood Remodeling (Santa Clara)

2026-10-22 • 3501 THOMAS RD, SANTA CLARA CA 95054
Regular Building Permit
--Submitted
2026-10-22 • Unknown
Regular Building Permit
--Pending
2026-10-22 • 3099 FRESNO ST, SANTA CLARA CA 95051
Regular Building Permit
--Submitted
2026-10-22 • 108 BROOKSIDE AV, SANTA CLARA CA 95050
Regular Building Permit
--Submitted
2026-10-22 • 2588 PILOT KNOB DR, SANTA CLARA CA 95051
Building Revision
--In Review
2026-10-22 • 2250 MISSION COLLEGE BL, SANTA CLARA CA 95054
Regular Building Permit
--Submitted

Parcel & Zoning Info

APN29415086
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score47/100
Price / Sqft$731 vs $720 mkt
Price vs Market+1.5% At market
Est. Rent$2,080/mo

2 units in this building are on the market now (median $722/sqft).

Price positioning vs. 117 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 Score12/100
Low motivation
45+ 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

X
Area of minimal flood hazard.

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

C. W. Haman Elementary

Santa Clara Unified

0.2 miles away
Middle School

Juan Cabrillo Middle

Santa Clara Unified

1.2 miles away
High School

Santa Clara High

Santa Clara Unified

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

68/100

Based on recent sales velocity and local demand in 95050.

Flippability Score

15/100

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

Bidding War Prob.

29%

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 condo sales in Santa Clara (95050): $717/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,200 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$660,000
New Build1,200 sqft
Total Capital Required$1,434,000
Estimated Resale (ARV)$903,600
Cost of Sale (5%)-$45,180
Carry (33mo @ 7%)-$195,676
Net Proceeds$662,744

Projected Profit

-$771,256
-53.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Santa Clara 95050)

Sized to the modelled 1,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

2040 Main St Apt 135

Sold
$821,000
Sold: 2026-10-21
Lot: 576
Sqft: 1125
$/Sqft: $730

1855 Palm View Pl Apt 119

Sold
$749,000
Sold: 2026-08-21
Lot: -
Sqft: 950
$/Sqft: $788

2105 Rancho McCormick Blvd

Sold
$910,000
Sold: 2026-06-25
Lot: -
Sqft: 1294
$/Sqft: $703

2171 Rancho McCormick Blvd

Sold
$900,000
Sold: 2026-06-25
Lot: 833
Sqft: 1294
$/Sqft: $696

2477 Rebecca Lynn Way

Sold
$1,025,000
Sold: 2026-05-14
Lot: -
Sqft: 1459
$/Sqft: $703

1850 El Camino Real Unit 210

Sold
$1,268,000
Sold: 2026-01-05
Lot: -
Sqft: 1327
$/Sqft: $956

2201 The Alameda Apt 22

Sold
$660,000
Sold: 2025-11-18
Lot: -
Sqft: 1252
$/Sqft: $527

476 N Winchester Blvd Apt 103

Sold
$845,000
Sold: 2025-11-14
Lot: -
Sqft: 1387
$/Sqft: $609

2250 Monroe St Apt 108

Sold
$710,000
Sold: 2025-10-31
Lot: -
Sqft: 913
$/Sqft: $778

1850 El Camino Real Unit 222

Sold
$1,130,000
Sold: 2025-10-08
Lot: 1,243
Sqft: 1268
$/Sqft: $891

1850 El Camino Real Unit 204

Sold
$1,120,000
Sold: 2025-10-08
Lot: 1,101
Sqft: 1129
$/Sqft: $992

1870 Market St Apt 6

Sold
$830,000
Sold: 2025-09-24
Lot: -
Sqft: 1220
$/Sqft: $680