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ActiveCondo

$730,000

1637 Thorncrest Dr, San Jose 95131

Beds2
Baths2
Sqft922
DOM1
No Photos Available

AddressIntel AI Briefing

This turnkey townhome is priced at a premium compared to recent neighborhood comps, making it a conservative buy-and-hold investment. It offers reliable cash-flow potential with minimal immediate maintenance required. The single-unit availability limits any bulk acquisition strategy, leaving rental yield as the primary driver.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-20658 BANFF ST , SAN JOSE CA 95116-3304
Apartment
--Active
2026-08-204908 RICE DR , SAN JOSE CA 95111-3962
Single-Family
--Active
2026-08-2057 S 19TH ST , SAN JOSE CA 95116-2204
Apartment
--Active
2026-08-205961 GLENEAGLES CL , SAN JOSE CA 95138-0000
Single-Family
$28,997Active
2026-08-201065 WHITEBICK DR , SAN JOSE CA 95129-3051
Townhouse
--Active
2026-08-203454 PARKLAND AV , SAN JOSE CA 95117-2919
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN24125159
Official Lot Sqft1,307
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score25/100
Price / Sqft$792 vs $702 mkt
Price vs Market+12.7% Above market
Est. Rent$2,535/mo

Price positioning vs. 103 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.

Nearby Public Schools

Elementary School

Vinci Park Elementary

Berryessa Union Elementary

0.5 miles away
Middle School

ACE Inspire Academy

San Jose Unified

1.7 miles away
High School

San Jose Conservation Corps Charter

East Side 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

62/100

Based on recent sales velocity and local demand in 95131.

Flippability Score

30/100

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

Bidding War Prob.

19%

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 San Jose (95131): $632/sqft. 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.

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$770,000
New Build1,400 sqft
Total Capital Required$1,675,000
Estimated Resale (ARV)$884,800
Cost of Sale (5%)-$44,240
Net Proceeds$840,560

Projected Profit

-$834,440
-49.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95131)

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.

112 Morning Star Dr

Sold
$678,400
Sold: 2026-08-19
Lot: -
Sqft: 1080
$/Sqft: $628

1350 Fairway Entrance Dr

Sold
$790,000
Sold: 2026-08-11
Lot: 1,302
Sqft: 1203
$/Sqft: $657

1876 Kenai Cmn

Sold
$850,000
Sold: 2026-08-07
Lot: -
Sqft: 1181
$/Sqft: $720

1554 Meadow Ridge Cir

Sold
$734,000
Sold: 2026-06-30
Lot: -
Sqft: 1075
$/Sqft: $683

1381 Marcello Dr

Sold
$840,000
Sold: 2026-06-17
Lot: 1,226
Sqft: 1519
$/Sqft: $553

1756 Camino Leonor

Sold
$832,000
Sold: 2026-06-15
Lot: -
Sqft: 1307
$/Sqft: $637

1810 Camino Leonor

Sold
$707,000
Sold: 2026-05-06
Lot: -
Sqft: 1415
$/Sqft: $500

1287 Marcello Dr

Sold
$705,000
Sold: 2026-03-20
Lot: 1,498
Sqft: 1415
$/Sqft: $498

1376 Yamada Dr

Sold
$732,000
Sold: 2026-03-09
Lot: -
Sqft: 1203
$/Sqft: $608

1368 Neleigh Pl

Sold
$920,000
Sold: 2026-02-24
Lot: 448
Sqft: 1371
$/Sqft: $671

1788 Camino Leonor

Sold
$725,000
Sold: 2026-02-20
Lot: -
Sqft: 1415
$/Sqft: $512

1392 Meadow Ridge Cir

Sold
$810,000
Sold: 2026-02-19
Lot: -
Sqft: 1203
$/Sqft: $673