1000 Olive Drive #40
About This Property
The manager has listed the unit size as 1489 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed | $249,950 | |
| Listed | |||
| | |||
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Welcome to your new home at 1000 Olive Dr, a delightful 2-bedroom, 2-bath condo located just over half a mile from Freeway 99 in the convenient & desirable North Bakersfield area. This beautifully designed open floor plan offers vaulted ceilings, wood-look vinyl flooring and a total of three patios. The living area showcases the iron rail & wood plank staircase, and has a gas fireplace to provide ambiance during those seasonally cool days. The kitchen includes a breakfast counter, ample counter space, updated stainless steel-look appliances. The downstairs bedroom is good sized w/its own private patio, a walk-in closet and adjacent bathroom. The primary bedroom has French doors, a walk-in closet, and private bath w/updated lighting + an oversized soaker tub. The attached 2-car garage provides ample storage & a utility area, adding convenience & functionality. This prime location is close to shopping, dining & entertainment options, ensuring you're never far from what you need.
| |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Feb 14, 2021 | Listed | $162,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/15/2024
|
2 Bed
|
2 Bath
|
1489 ft²
|
$249,950
2 Bed
2 Bath
1489 ft²
|
$240,000
-3.98%
03/13/2025
|
Brian Tuttle
Coldwell Banker Preferred Realtors
| |
|
03/15/2023
|
3 Bed
|
2 Bath
|
1472 ft²
|
$220,000
3 Bed
2 Bath
1472 ft²
|
-
-
|
Jennifer Joyce
Help-U-Sell Bakersfield Equity Savers
| |
|
04/17/2022
| |
2 Bed
|
2 Bath
|
1202 ft²
|
$199,999
2 Bed
2 Bath
1202 ft²
|
-
-
|
Team Linda and Stacey
Keller Williams Realty
|
|
03/03/2022
|
2 Bed
|
2 Bath
|
1202 ft²
|
$169,900
2 Bed
2 Bath
1202 ft²
|
-
-
|
Isaul Rivas
Watson Realty
| |
|
12/28/2021
|
2 Bed
|
2 Bath
|
1234 ft²
|
$179,950
2 Bed
2 Bath
1234 ft²
|
-
-
|
Leslie Walters
Walters & Associates, Inc.
| |
|
02/14/2021
|
2 Bed
|
2 Bath
|
1489 ft²
|
$162,900
2 Bed
2 Bath
1489 ft²
|
-
-
|
-
| |
|
11/04/2020
|
2 Bed
|
2 Bath
|
1234 ft²
|
$164,900
2 Bed
2 Bath
1234 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017