Benefits of ADU (Accessory Dwelling Units) in the Silicon Valley

Learn more about why this ADU at our listing in 965 Katherine Ct is great for real estate investors / homeowners looking to lower their mortgage payment or creating cash flow (if bought with cash).  We will be having an informational session at our open house next Sunday June 23, from 1:30 4:30 PM!

Learn more about this property at www.RoseGardenHome.com

For more information contact us at homes@boyenga.com | 408.373.1660

 

Great San Jose Investment Opportunity!

The #PropertyNerds are so excited to share with you our newest listing at 965 Katherine Ct, San Jose 95126.

This is the perfect opportunity for you if you’ve been looking to own a house and also have an investment property at the same time!

  • Current CAP Rate: 6% (based on 6% cash on cash return)
  • Annual net income: $32,000 (includes $3,599 annual tax rate; ADU only)
  • Estimated ADU valuation: $547,000

LONG TERM LEASE:

  • Estimated rental: $2,700-$3,000*
  • Low inventory in Rose Garden = HIgh demand
  • Low maintenance costs
  • Potential renters:
    • Young families
    • Single young professionals
    • Techies
    • College students

*Assumed numbers based on Craigslist interest and city data

Learn more about the benefits of having an ADU here!

We will be having an informational event about owning an ADU and all the great benefits of having one next SUNDAY, JUNE 23 at 965 Katherine Ct, San Jose 95126 from 1:30-4:30 PM. To learn more about this great investment opportunity, check out www.RoseGardenHome.com

 

 

Silicon Valley Real Estate News

Executive Summary:

  • IPO expectations are already showing up in home sales activity, particularly in San Francisco and San Mateo
  • Sales of homes in San Francisco, San Mateo and Alameda have solidly exceeded last year – up 7 percent, 4 percent and 2 percent respectively year-over-year in April
  • Santa Clara, Wine Country and Contra Costa remain slower compared to last year
  • Homes priced between $1 million and $2 million continue to struggle, except in San Francisco and San Mateo, likely a result of tax reform changes and reduced state and local tax (SALT) and mortgage interest deductions
  • Nevertheless, sales of homes priced above $3 million have surged again, posting a 5 percent year-over-year increase, matching last year’s peaks
  • While growth in inventory of homes for sales is broad based, availability of homes priced above $3 million accelerated again to a 26 percent annual growth in April
  • While price growth remains flat in most regions, San Francisco median prices up 2 percent year-over-year in April
  • A 9 percent annual increase in homes under contract suggests buyers are back in droves, especially for homes priced over $3 million, up 44 percent year-over-year

For more information about the real estate market, contact the #PropertyNerds today!

Boyenga Team – Compass Concierge

Concierge lets you easily increase your property’s market value by fronting the cost of home improvement services like staging, painting and more. No hidden fees, no interest charged — ever.

Exclusive to Compass, our Concierge program is among a suite of services designed to prepare your home for the market. From deep-cleaning to cosmetic improvements, your Compass agent will work with you to assess every opportunity to elevate your home’s value.

Once the necessary improvements have been determined, Compass will cover all upfront costs, collecting payment for the services rendered at the time of the property’s closing. By investing in your home’s potential, we aim to provide a swifter, more profitable sale.

Services may include:
Staging
Deep-cleaning
Decluttering
Cosmetic renovations
Landscaping
Interior + exterior painting
Pest control
Custom closets
Moving + storage

FAQ:

What costs are associated with Compass Concierge?

Compass will invoice you during or post-closing for the total cost of work covered through the program, and nothing more. There is no added cost for participating or interest owed to the company.

Are there any services not covered by the program?

Currently, construction, floor installation, and other non-cosmetic services are not covered, though we anticipate accommodating this type of work at a later date. Otherwise, the program is quite flexible; we’ve developed Concierge to be used with most vendors for your convenience.

How can I find out if I qualify for the program?

Easy! Call the Boyenga Team today to discuss eligibility.

Mother’s Day Events around the Silicon Valley

PALO ALTO:

The Westin Palo Alto: Sun May 12, 2019 at 11:00 am – 675 El Camino Real, Palo Alto, United States. Mother’s Day champagne Brunch.

SAN JOSE:

Fairmont San Jose: 170 S. Market St, San Jose Brunch from 10 AM – 3 PM includes traditional brunch favorites starting from $45-97.

Santana Row Yard House: 10 a.m.-2 p.m., Celebrate mom with a menu that features bottomless house beers, bloody marys and mimosas. They will have all your brunch favorites. Prices vary. http://snip.ly/6tl1k5

MOUNTAIN VIEW:

Shoreline Lake: 3160 N. Shoreline Blvd., Mountain View. Moms can enjoy special brunch items, an assortment of specialty prepared picnic baskets, custom watercraft/picnic combos, and more.

SARATOGA:

Montalvo Arts Center: 15400 Montalvo Road, Saratoga. They will have a carving station, breakfast fare, Champagne toast and much more at the Montalvo Champagne Brunch.

The Mountain Winery: 14831 Pierce Rd., Saratoga 95070. Show mom some love at their Mother’s Day Brunch! https://www.sanjose.org/events/mothers-day-brunch-0

MORGAN HILL:

Guglielmo Winery: 1480 E. Main, Morgan Hill. Mother’s Day Concert “Midnight in Moscow” where the South Valley Symphony will play classical and popular music.

The #PropertyNerds of the Boyenga Team are your local Silicon Valley experts! Contact us today for any of your real estate needs.

Eichler Weekend Event with The Boyenga Team!

THIS WEEKEND – March 30 & 31 from 1:30-4:30 PM

Looking for an Eichler home in the Bay Area? The Boyenga Team specializes in Eichler homes and have two for sale right now! Come check out these beautiful and unique mid century modern homes. Not sure what an Eichler is? After seeing photos you will start to notice the similar characteristics that an Eichler has such as flat or low sloped roofs in horizontal form, open concept with glass, and atrium courtyard or foyer to name a few. Check out our two Eichler listings below and come see us this weekend at our open houses!

675 Evergreen St
Menlo Park 94025

4 BD | 2 BA | $3,698,000
2,200 SQFT

  • Beautifully remodeled great room with dramatic angled ceiling, concrete finished fireplace, skylights, and wall to wall slider
  • Modern Italian Scavolini kitchen, Caesarstone countertops, open to dining area and great room, casual breakfast area with designer tile floor
  • Prime Central Menlo Park Oakdell neighborhood
  • Top Menlo Park schools: Oak Knoll Elementary, Hillview Middle, Menlo-Atherton High

1403 Mallard Way
Sunnyvale 94087

4 BD | 2 BA | $1,998,800
$1,963 SQFT + 342 +/- SQFT (enclosed atrium bonus SQFT)

  • Beautifully remodeled low gable/covered atrium
  • Chef’s eat-in kitchen features gray quartz & updated cabinetry/appliances
  • Gorgeous living room w/stunning fireplace
  • Separate family room w/fireplace & sliders to rear patio
  • Close to Apple, Linkedin, and Google
  • Cupertino schools: Stocklmeir, Cupertino, Fremont High

We hope to see you there!

Call the Boyenga Team for all of your Eichler and Silicon Valley real estate needs!

email: homes@boyenga.com
phone: 408.373.1660

About Menlo Park

Looking to move to Menlo Park or just curious about the area? Keep reading for some of the highlighted areas that our agent area experts want you to know about!

Oak Knoll School
Oak Knoll is a large school of over 690 students that feels small, personal and focused on its mission: Every student an exemplary scholar, a valued friend, and a courageous citizen. This school is rated above average in school quality compared to other schools in California. Students here perform above average on state tests, are making above average year-over-year academic improvement, and this school has above average results in how well it’s serving disadvantaged students.

Sacred Heart Prep
Sacred Heart Preparatory is an independent, private, Society of the Sacred Heart-affiliated college preparatory school in Atherton, California, United States. From freshman year to senior year, Sacred Heart Preparatory’s rigorous academic program challenges students to think critically about society and its values, to thoughtfully participate in the exchange of ideas, to develop a social awareness supported by individual action, and to grow spiritually by connecting personal beliefs with contemporary culture.

Downtown Menlo Park

Downtown Menlo Park is the major retail destination for the city featuring unique and upscale retail shops and restaurants surrounded by tree lined streets. In downtown Menlo Park, there is something for everybody! It has your everyday shopping, premier home decor and design shops, diverse dining options, and a number of downtown events.

Caltrain Station

Caltrain serves dozens of stations between San Francisco and Gilroy on weekdays and provides a safe, reliable, sustainable modern rail system that meets the growing mobility needs of the San Francisco Bay Area region. It has a convenient stop in Menlo Park located at 1120 Merrill St., Menlo Park 94025. Check the CalTrain website for the schedule for easy commute

Burgess Park

Originally a part of the Dibble Hospital Facilities and purchased in 1948, Burgess Park is one of the first city-owned recreation areas in Menlo Park. Located adjacent to the Civic Center complex, the park provides diverse facilities easily accessible to all Menlo Park residents on 9.31 acres. Facilities that are close by to Burgess Park include:

  • Burgess Pool
  • Arrillaga Family Recreation Center
  • Burgess Sports Center
  • Burgess Skate Park
  • Arrillaga Family Gymnasium

Allied Arts Guild

Owned and operated by the Allied Arts Guild Auxiliary, Allied Arts Guild is a beautiful and historic garden oasis, home to unique shops, artists’ studios, and Blue Garden Café. Since 1929, Allied Arts Guild has provided an inspiring environment for working artists, beautiful gardens and shops for visitors, and support for critically ill children at the Lucile Packard Children’s Hospital. Allied Arts Guild is available for shopping, lunching, relaxing, and hosting special events such as weddings, receptions, seminars, meetings and luncheons. Allied Arts also hosts special events year round, such as Mother’s Day Tea, and festive Holiday events.

Boyenga Team in Menlo Park Coming Soon!

Eichler in Menlo Park Coming Soon!

Spring Break 2019 Guide

You don’t need to spend a ton of money on a huge spring break trip to have a good time! Keep reading for some great local activities all over and around the Bay Area for all ages!

Day Trips

  • San Jose – Spring is upon us and so is baseball season! Not wanting to make the trek all the way to San Francisco? Enjoy a San Jose Giants baseball game just outside downtown San Jose. Before, after, or any time in general, San Pedro Square Market is a great place to enjoy the weather, especially when there’s live music. If you have younger children they’ll definitely enjoy a day at the 16 acre amusement park and zoo (including petting zoo) that Happy Hollow has to offer! Looking for something just a little older – California’s Great America has some of the best family oriented fun in the South Bay. And for the adults, don’t miss out on Willow Glen’s wine walk that they host once a year in the Spring (this year on Saturday April 13th from 2-5pm). Take a stroll down the quant Lincoln Ave. and check out the shops while sipping on wine – get tickets here. If you’re looking to stay cool take a day trip to Raging Waters and enjoy 23 acres of wild slides and water adventure. More day activities in San Jose include Children’s Discovery Museum of San Jose, Tech Museum of Innovation, SAP Center for a San Jose Sharks game, and the Winchester Mystery House.
  • Santa Cruz – Spend your day at a variety of places in Santa Cruz area including rides at The Santa Cruz Beach Boardwalk, ice cream in Capitola, hanging at Natural Bridges State Beach or Pleasure Point, or hiking Henry Cowell Redwoods State Park! Another to do in Santa Cruz that is often over looked because of it’s proximity to wine country is wine tasting in the Santa Cruz Mountains. Wineries include MJA Vineyards, Loma Prieta Winery, Wrights Station Vineyard & Winery, or Birichino.
  • Monterey – It’s always great to start central at Cannery Row and work your way around. Walking Cannery Row is a nice day in itself but there are many things to do if you want to get more active. Rent an electric bike (or regular), Segway, or even the 4-6 seat cruisers and be your own tour guide on the beautiful water trail that leads to Lover’s Point and beyond. Want to challenge yourself even more? Take it to the sea and rent paddle boards or kayaks and get a chance to take a closer look at the otters! Have young kids and want to run out their energy before the drive home? Take them to Dennis the Menace Playground and let them go crazy! Just you and you boyfriend or husband looking for a day away? Check out the food and wine walking tours – you’ll be pleasantly surprised with not only what your eating and drinking but also the history of the area that is in your backyard!
  • San Francisco – Head the opposite direction up North to the city and play tourist for a day. We know that you could easily spend a week touring around San Francisco but here are some of our favorites! Known as POPOS, Privately Owned Public Open Spaces are scattered around the city on rooftops and in atriums and are great places to get away from the hustle and bustle of the city while still enjoying the beautiful views it has to offer. Check out this website for the location of these private getaways. Then head to Market & Powell and start shopping or take the trolley through the rolling hills and to Fisherman’s Wharf and Pier 39. Stop at Boudin’s and watch them make their world famous bread in fun shapes or take a ferry and check out Alcatraz while also getting a beautiful view of the city. If you’re tired of being on your feet hop in a GoCar the world’s first GPS-guided tour car taking you through the streets and around iconic landmarks in the city (or choose your own adventure). Want to view the city without going in it? Take a cruise around the bar and maybe sip some champagne while taking in the breathtaking skyline view from a distance.
  • Sonoma/Napa – Continue North up to wine country and take a load off at your choice of some of the world’s best wineries. Looking for something organized so the day’s really pain free – check out the winery tours so you don’t have to worry about Uber or having service. If you want to head a little more North you will reach Calistoga where they are known for their mud baths and it is quite an experience. Also in Sonoma is one of the few casinos in California, Graton, where you can gamble, eat, drink, go to the spa or relax at the pool (weather permitting). Also in Sonoma is the cute little town of Sonoma where you can shop around in the boutiques and buy delicious chocolates.

We hope you enjoy everything that Spring has to offer in the Bay Area! Looking to buy or sell a home in the Bay Area – give The Boyenga Team a call. Your local experts!

St. Patrick’s Day Events in the Bay Area

If you can’t make it to the city or have no desire to deal with the amount of traffic and people that the parade and festivities bring on St.Patrick’s Day, check out the local events in the Silicon Valley!

Top Bars to celebrate St.Patrick’s Day at

  • O’Flaherty’s Irish Pub
  • Rosie McCann’s Irish Pub & Restaurant
  • Katie Bloom’s Irish Pub
  • Fibbar Magees
  • Carry Nations

Feeling the luck of the the Irish? The Hit Men Band performs at Number 1 Broadway’s St. Patrick’s Day Dance Party in Los Gatos. Purchase tickets here ($10 in advance)!

  • Sat, Mar 16, 2019, 8:00 PM –Sun, Mar 17, 2019, 2:00 AM
  • Number 1 Broadway – 102 South Santa Cruz Avenue, Los Gatos 95030

Yoga + Beer + Music | St. Patrick’s Day – Follow the rainbow, wheel pose, to it’s end and find a pot of gold, fresh Hapa’s beer! The magical (and maybe Irish?) Bri Deckard will guide us through a charming yoga flow. They’ll have upbeat music by DJ Yogic Flow and delicious Hapa’s beer before, during, or after the class. Your lucky ticket includes one all-levels yoga class and an incredible Hapa’s beer – purchase here!

  • Sat, March 16, 2019
  • 11:00 AM – 1:00 PM
  • Hapa’s Brewing Company – 460 Lincoln Ave Ste. 90, San Jose, 95126

St. Patrick’s Day Celebration – New Beer Release Tapping of the ” Rose Rail Line Irish Red Ale ” Special Cocktails & Food Items All Day!

  • Sun, March 17, 2019
  • 11:00 AM – 10:00 PM
  • Off the Rails Brewing Co. – 111 S.Murphy Ave., Sunnyvale 94086

Double Dose plays The Britannia Arms Almaden for St. Patricks Day 2019!! If you like big hair, crazy fashions, and the best 80’s rock and pop music…you’re going to love Double Dose. Experience or re-experience a bump of the ultimate tribute to 80s rock and dance music!

  • Sun, Mar 17, 2019, 10:00 PM –Mon, Mar 18, 2019, 1:00 AM PDT
  • Britannia Arms Almaden – 5027 Almaden Expressway San Jose, CA 95118

San Jose Shamrock Run – The San Jose Shamrock 5k & 10k Run/Walk & Leprechaun Kids Run benefiting the San Jose – Dublin Sister City Scholarship Program is the newest Represent Running event. The run starts and finishes in San Pedro Square.

  • San Pedro Square, Downtown San Jose
  • 8:00 a.m., March 17, 2019, Kids Run at 10:00 a.m.
  • 5k/10k run and walk (3.1 and 6.2 miles) & Kids Run

Wishing Clover – Learn about the history of the holiday, add a wish to the community board and enjoy all the green that the farm and trails have to offer. Sat., March 16. 9:15am. FREE. Hidden Villa, 26870 Moody Road, Los Altos Hills. 

Happy St. Patrick’s day from your Bay Area Real Estate Team – The Boyengas!

Silicon Valley Open Houses for March 16 & 17 – Boyenga Team

Boyenga Team Open House Compass

Boyenga Team Open House Schedule

for March 16 & 17

Boyenga Team Los Gatos Real Estate

0 Idylwild Rd., Los Gatos 95033 | $550,000

Sat. 03/16 From 11 AM – 1 PM

Boyenga Team San Jose Real Estate

 4850 Lakebird Pl., San Jose 95124 | $849,000

Sat. 03/16 From 12:30 – 3:30 PM

Boyenga Team Sunnyvale Real Estate

1403 Mallard Way, Sunnyvale 94087 | $1,998,800

Sat. 03/16 From 1:30 – 4:30 PM

Sun. 03/17 From 1:30 – 4:30 PM

Top Sunnyvale Real Estate Boyenga Team

729 Dartshire Way, Sunnyvale 94087 | $2,298,000

Sat. 03/16 From 1:30 – 4:30 PM

Sun. 03/17 From 1:30 – 4:30 PM

Top Silicon Valley Real Estate Boyenga Team

650 N. 11th St., San Jose 95112 | $899,999

Sat. 03/16 From 1:30 – 4:30 PM

Sun. 03/17 From 1:30 – 4:30 PM

Boyenga Team Cupertino Real Estate

1005 November Dr., Cupertino 95014 | $2,498,888

Sun. 03/17 From 1:30 – 4:30 PM

 

We hope to see you there!

For any of your Bay Area Real Estate needs contact the Boyenga Team!