Property Overview:
236 Grayson Ter is a condominium townhouse in San Jose, CA 95126, built in 2005. It features 4 bedrooms, 2.5 bathrooms, and 1,581 sq. ft. of living space across 3 stories. The home includes an attached 2-car garage, modern appliances, and was remodeled in 2022. The estimated home value ranges from $969,122 to $1,255,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 12.4% (higher than state average of 11.8%).
- Property crime risk: 13.6% (higher than state average of 10.8%).
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Schools:
Nearby schools include Gardner Elementary, Abraham Lincoln High, and Herbert Hoover Middle.- Average SAT score: 1057 (higher than state average of 975).
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Job Market:
- 61.1% white-collar jobs, 38.9% blue-collar jobs.
- Unemployment rate: 3.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 29,548 (10% growth since 2000).
- 52% families with children.
- Largest age group: 25-34 years (22.59%); second largest: 35-44 years (16.02%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.8°F (January), 78.6°F (July).
- Average rainfall: 13.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $60,578.
- Average annual spending: $48,757.
Property Features:
- Remodeled in 2022 with new carpet, interior paint, and updated kitchen (granite countertops, stainless steel appliances, freshly painted cabinets).
- Open floor plan with high ceilings and bright living area.
- Large primary bedroom with en-suite bathroom (double sinks).
- Three additional spacious bedrooms (one ideal for home office/den).
- Modern washer & dryer, fridge, and all appliances included.
- Currently unfurnished (photos from 2022 staging).
- Attached 2-car garage.
- Flexible financing: Seller financing, rent-to-own, and subject-to options available.
- Rent-to-own option: $1.4M in 5 years, $50k upfront, NNN lease at $4k/month, 3.125% mortgage interest rate.
- Rental estimate: $3,699–$4,728/month.
Location Benefits:
- Prime downtown San Jose location in the Cahill Park Community.
- Steps from Diridon Station (Caltrain, VTA, future BART), SAP Center, Whole Foods, restaurants, coffee shops, and the proposed Downtown SJ Google campus.
- Large park and playground just outside.
- Quiet, family-friendly neighborhood with easy access to public transit and major tech employers.
- Ideal for families, investors, or house-hackers (live in one room, rent out others or run as 4 single-room AirBnBs).