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$3,400,000
●
House -
Off Market
1301 Drake Avenue
Burlingame, CA 94010
4 Beds
3 Baths,
1
Half Bath
2,732 Ft²
$4,240,209
RealtyHop Estimate
28.69%
Since Nov 1, 2018
CA-San Francisco
Primary Model
About This Property
Located in prime Easton Addition, this newer Mediterranean home is
constructed with the finest quality and attention to detail.
Entertain family and friends in the centrally located chefs kitchen
which includes a large marble work island, breakfast bar, casual
dining space, stainless steel Thermador appliances and wine
refrigerator all open to the family room and patio. The flexible
floor plan includes a first floor en suite bedroom, first floor
office accessed via French doors boasting a private balcony, and
three bedrooms and two bathrooms on the second floor. Relax and
unwind in the sunny, luxurious master bedroom suite which has two
closets, private balcony and a marble bathroom with dual vanity,
large shower and jetted tub. Gleaming hardwood floors, high
ceilings, bright interiors, recessed lighting, central audio
system, tile roof, copper gutters, wrought iron railings and a one
car, detached garage with extra storage complete this move-in ready
home. Top rated schools.
Unit Size
2,732 Ft²
Days on Market
53 days
Land Size
0.12 acres
Price per sqft
$1,206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014
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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: 5 months ago (MLSListings Inc. #ML81721202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2018 | Sold | ||
| Sold | |||
| Aug 31, 2018 | Listed by Golden Gate Sotheby's International Realty | $3,295,000 | |
| Listed by Golden Gate Sotheby's International Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Easton Addition
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Omar M. Kinaan, Golden Gate Sotheby's International Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81721202
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81721202
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