Listed by: Kaaren Brickman, Dudum Real Estate Group
$4,700,000
●
House -
Off Market
1040 Upper Happy Valley Rd
Lafayette, CA 94549
5 Beds
6 Baths,
1
Half Bath
4,824 Ft²
$24,527
Est. Monthly
About This Property
Situated on a tree-lined street in Lafayette, this stunning
5-bedroom, 5.5-bathroom Thomas James Homes residence is designed to
delight. The Craftsman-style home makes hosting a breeze with an
expansive great room and gourmet kitchen featuring an island with
bar seating, Butler's pantry, walk-in pantry, and dining area. The
main floor comes complete with a spacious flex room, office, and
guest suite with en suite bathroom. Upstairs you will find a
versatile loft, laundry room with sink and storage, and 3-secondary
bedrooms with en suite bathrooms. The grand suite is host to a
walk-in closet and luxurious bathroom featuring a dual sink vanity,
free-standing soaking tub, and walk-in shower. Conveniently
located just minutes from Lafayette's lively downtown filled with
boutique shops and restaurants, the Lafayette Reservoir, Oakwood
Athletic Club, top-rated schools and commute routes. Don't miss
this rare opportunity for new construction in Upper Happy Valley!
Unit Size
4,824 Ft²
Days on Market
90 days
Land Size
0.85 acres
Price per sqft
$1,035
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (CRMLS #41066094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$4,995,000
↓ $500K
(9.1%) | |
| Price Decreased | |||
| Jul 11, 2024 | Listed by Dudum Real Estate Group | $5,495,000 | |
| Listed by Dudum Real Estate Group | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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Listed On
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Sold On
HOA + Taxes
About Upper Happy Valley
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Listed by: Kaaren Brickman, Dudum Real Estate Group
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41066094
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41066094
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