Property Overview:
855 Alcosta Dr is a single-family home in Milpitas, CA, built in 1981. It features 4 bedrooms, 3 bathrooms, and 2,874 sq. ft. of living space. The home includes a parking garage and a heating system. The as-is sale price is $780,000, with the seller offering an $18,000 credit for a new tile roof and termite repairs. The estimated home value is $1,690,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8% (lower than state average of 11.8%).
- Property crime risk: 7.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Calaveras Hills, William Burnett Elementary, and Thomas Russell Middle.- Average SAT score: 1015 (531 Math, 484 English), above state average of 975.
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Job Market:
- 62.2% white-collar jobs, 37.8% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
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Demographics:
- Community population: 58,229 (25% growth since 2000).
- 80% families with children.
- Largest age group: 25-34 years (16.33%), followed by 35-44 years (16.32%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.2°F (January), 76.9°F (July).
- Average rainfall: 10.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $98,135.
- Average annual spending: $67,221.
Property Features:
- Gorgeous Shapell home with a huge bonus room.
- Kitchen with built-in BBQ.
- Parking garage and heating system.
- Seller credit of $18,000 for new tile roof and termite repairs.
- Residential zoning: R1-6.
- Comparable homes: 2,397–2,381 sq. ft.
Location Benefits:
- Family-oriented community with a high percentage of families with children.
- Safe neighborhood with lower-than-average crime rates.
- Strong job market and good schools with above-average SAT scores.
- Convenient access to local amenities and schools.
- Ideal for family living in a growing, vibrant community.