
San Jose, California 95118
This Strong Value Opportunity is listed at $474,950—positioned well below the $499,357 Fair Market Value by 4%. This valuation gap offers $24,407 in Instant Equity. While the property holds a Fair/Dated Condition Rating, it provides a functional layout with community pool access and proximity to Pioneer High School (Rating 7). This asset is an ideal entry-level acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable project in a desirable San Jose neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4711 Capay Drive 2 Subject | $474,950* List Price | 2 | 1 | 903 | $553 | - |
A 1325 Joplin Drive 2 Sold | $515,000 | 2 | 1 | 903 | $570 | 0.1 mi |
B 4807 Capay Drive 1 Sold | $520,000 | 2 | 1 | 810 | $642 | 0.1 mi |
C 1263 Bouret Drive 2 Active | $515,000 List Price | 2 | 1 | 903 | $570 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 (54 years old), the property is well beyond the 20-year threshold for modern systems. While the interior shows updated laminate flooring and clean paint suggesting it is move-in ready, the overall age and lack of a documented full-scale renovation to the kitchen, bath, and HVAC/electrical systems within the last 15 years categorize it as Fair/Dated.
Priced under $475,000, this property offers a rare entry-level opportunity into the San Jose market, making it highly attractive for first-time buyers and investors seeking value.
The inclusion of a dedicated carport, additional storage, and access to a community pool provides significant lifestyle convenience and added value for a condominium at this price point.
The property is zoned for well-regarded schools, including Pioneer High School (Rating 7), which enhances long-term resale value and appeals to families.
The $534 monthly association fee is relatively high for a two-bedroom unit of this size, which may impact the overall monthly affordability for budget-conscious buyers.
Featuring only one bathroom for a two-bedroom layout can be a drawback for small families or roommates, potentially limiting the property's appeal compared to units with a 1.5 or 2-bath configuration.
Welcome to 4711 Capay Unit 2 A wonderful opportunity to own an affordable two-bedroom, one-bath home offering approximately 903 square feet of comfortable living space. Located in a well-kept neighborhood, this property provides great combination of value, convenience, and community amenities.The home features a carport for convenient parking, additional storage, and access to a community pool-perfect for relaxing and enjoying the outdoors. Whether you're a first-time buyer, downsizing, or looking for an affordable investment opportunity, this well-maintained property is worth a look. A great opportunity to own in a desirable, established community with amenities and a convenient location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 903 | 1,088.503 |
| Lot Size | - | 1,303.863 |
| Price | $474.9K | $648.7K |
| Price per sq ft | $526 | $614 |
| Built year | 1970 | 1987 |
| HOA | $534.0 | $594 |
| Days on market | 19 | 56 |
Aug 21, 2026
$474,950
Initial Listing