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8151 Forest Street — Gilroy — 3,043 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+38 more

$1,299,950

3 DOM

$427/sqft— bd— ba3,043 sqft

Call

8151 Forest St Gilroy, CA 95020

8,010sqft lot

Great investment duplex in Gilroy. Well-maintained building, including a new composition shingle roof. Each unit has 4 bedrooms, 2 full baths, a 2-car garage, nice covered patios, and its own separate water meter. Ideal location within walking distance to shopping areas, and very easy access to freeways.

MLS ML82042612

408-937-2300 (Office) 408-937-2330 (Cell) c21rigo@aol.com

Est. payment

$8,306/mo

Principal & interestTaxesInsurance

$6,573$1,354$379

Down %

Rate %

Years

Down payment: $259,990 · Total cost: $2,626,362

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$8,306/mo

Principal & interest: $6,573
Est. property tax: $1,354
Est. insurance: $379
Down payment: $259,990

Est. gross rent$5,416/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,890/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 11, 2026	$1,299,950	—

Facts & Features

Transaction Data

Close DateMay 26, 2026

Annual Taxes$7,627

Structure & Property

Year Built1998

Garage Spaces4

408-937-2300 (Office) 408-937-2330 (Cell) c21rigo@aol.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

8151 Forest Street, Gilroy, CA 95020

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8151 Forest St Gilroy, CA 95020

About this home

Rigo Bracamontes

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Rigo Bracamontes

Sale & Tax History

No Recent Sales History

Location

8151 Forest Street, Gilroy, CA 95020

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

8151 Forest St Gilroy, CA 95020

About this home

Rigo Bracamontes

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Rigo Bracamontes

Sale & Tax History

No Recent Sales History

Location