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ActiveTownhouse

$798,000

655 Martinique Ct, San Jose 95123

Beds2
Baths2
Sqft1,473
DOM21
No Photos Available

AddressIntel AI Briefing

This property represents a condo/townhome investment opportunity where value must be driven by rental yield. The unit is move-in ready and fully updated, enabling immediate tenant placement, though high entry pricing and liquefaction risks limit overall upside.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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Parcel & Zoning Info

APN68739019
Official Lot Sqft1,742
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score66/100
Price / Sqft$542 vs $590 mkt
Price vs Market-8.2% Below market
Est. Rent$2,771/mo

Price positioning vs. 220 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

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

Frost (Earl) Elementary

Oak Grove Elementary

0.4 miles away
Middle School

Herman (Leonard) Intermediate

Oak Grove Elementary

0.7 miles away
High School

Gunderson High

San Jose Unified

0.9 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

100/100

Based on recent sales velocity and local demand in 95123.

Flippability Score

40/100

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

Bidding War Prob.

16%

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 (95123): $569/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,200 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$1,210,000
New Build2,200 sqft
Total Capital Required$2,183,000
Estimated Resale (ARV)$1,313,400
Cost of Sale (5%)-$65,670
Carry (33mo @ 7%)-$286,921
Net Proceeds$960,809

Projected Profit

-$1,222,191
-56.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95123)

Sized to the modelled 2,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

623 Avenue One

Sold
$1,235,000
Sold: 2026-09-30
Lot: -
Sqft: 2205
$/Sqft: $560

5954 Larkstone Loop

Sold
$1,120,000
Sold: 2026-07-31
Lot: 1,260
Sqft: 2093
$/Sqft: $535

614 Willow Bend Ct

Sold
$1,200,000
Sold: 2026-07-22
Lot: 3,005
Sqft: 2258
$/Sqft: $531

5977 Larkstone Loop

Sold
$1,010,000
Sold: 2026-07-09
Lot: 1,159
Sqft: 1712
$/Sqft: $590

890 White Moonstone Loop

Sold
$1,080,000
Sold: 2026-05-28
Lot: 1,306
Sqft: 1793
$/Sqft: $602

675 Tigerseye Loop

Sold
$1,250,000
Sold: 2026-04-08
Lot: 1,451
Sqft: 2205
$/Sqft: $567

5965 Woodspring Loop

Sold
$1,235,000
Sold: 2026-04-01
Lot: 1,732
Sqft: 2205
$/Sqft: $560

6063 Raleigh Rd

Sold
$1,145,000
Sold: 2026-03-13
Lot: 1,184
Sqft: 1793
$/Sqft: $639

426 Ellicott Loop

Sold
$1,010,000
Sold: 2026-01-05
Lot: 705
Sqft: 1822
$/Sqft: $554

827 Lotus Flower Loop

Sold
$1,180,000
Sold: 2025-11-24
Lot: 1,204
Sqft: 1901
$/Sqft: $621

323 Flinder Pl

Sold
$1,040,000
Sold: 2025-11-24
Lot: 706
Sqft: 1822
$/Sqft: $571

829 Blue Opal Dr

Sold
$1,150,000
Sold: 2025-11-04
Lot: 1,403
Sqft: 1793
$/Sqft: $641