$1,089,000
●
House -
Off Market
1298 Folsom Ave
Hayward, CA 94544
7 Beds
3 Baths
3,047 Ft²
$4,901
Est. Monthly
About This Property
OPPORTUNITY KNOCKS at this unique property featuring a six bedroom
home plus detached ADU and detached two car garage on almost a
quarter acre! It offers ENDLESS OPPORTUNITY and an exceptional
chance to own a versatile property since it is zoned for 2 or more
units. Set on a large lot, the main house offers two
bedrooms upstairs and four bedrooms downstairs with a bathroom on
each level. The spacious ADU offers a bedroom, spacious living
area, kitchen, and full bathroom. The generous backyard provides
privacy and room for expansion. Although requiring repairs
and renovations, this Hayward gem invites you to bring your
creativity and shape it into your dream property. Schedule a
showing today and discover the possibilities!
Unit Size
3,047 Ft²
Days on Market
39 days
Land Size
0.24 acres
Price per sqft
$328
Property Type
House
Property Taxes
-
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-
Year Built
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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: 12 months ago (bridgeMLS/CCAR/Bay East AOR #41081479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by Rinetti & Co., REALTORS® | $998,000 | |
| Listed by Rinetti & Co., REALTORS® | |||
| | |||
|
OPPORTUNITY KNOCKS at this unique property featuring a six bedroom home plus detached ADU and detached two car garage on almost a quarter acre! It offers ENDLESS OPPORTUNITY and an exceptional chance to own a versatile property since it is zoned for 2 or more units. Set on a large lot, the main house offers two bedrooms upstairs and four bedrooms downstairs with a bathroom on each level. The spacious ADU offers a bedroom, spacious living area, kitchen, and full bathroom. The generous backyard provides privacy and room for expansion. Although requiring repairs and renovations, this Hayward gem invites you to bring your creativity and shape it into your dream property. Schedule a showing today and discover the possibilities!
| |||
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
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Tennyson-Alquire
Similar Homes for Sale
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Listed by: Jeannine Rinetti, Rinetti & Co., REALTORS®
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 41081479
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 41081479
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