$850,000
●
House -
Off Market
1416 12Th St
Oakland, CA 94607
4 Beds
2 Baths
1,372 Ft²
$890,682
RealtyHop Estimate
18.76%
Since Oct 1, 2020
CA-San Francisco
Primary Model
About This Property
This Oakland tri-level offers a truly rare combo: approximately
2,235 Sq Ft of living space, on a 3,080 Sq Ft Lot, in the heart of
the East Bay. Built in 1893, the historic home has been
updated with modern living in mind: skylights, hardwood floors,
fresh wall-to-wall carpeting, new lighting, and paint, to name just
a few. On the main level of the home (which is on the second floor)
you'll find a room with tall ceilings and a huge street-facing bay
window, an open kitchen and dining room (both with skylights), a
laundry room (with LG w/d), 2 full bathrooms and 2 bedrooms. The
kitchen also has granite counters, a full-height mosaic tile
backsplash, and stainless steel appliances. A beautiful banister
staircase leads upstairs, to the home's two remaining bedrooms.
Each bedroom features cozy wall-to-wall carpeting and sunlit
windows; and could also make for an excellent home office. Located
in the heart of W. Oakland, 5 blocks from BART, + easy access to
freeways.
Unit Size
1,372 Ft²
Days on Market
91 days
Land Size
0.07 acres
Price per sqft
$547
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1893
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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 (bridgeMLS/CCAR/Bay East AOR #40909272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Relisted | $799,000 | |
| Relisted | |||
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 6, 2023 | Price Decreased |
$825,000
↓ $50K
(5.7%) | |
| Price Decreased | |||
| Nov 29, 2023 | Price Decreased |
$875,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
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
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Closing Price
Sold On
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HOA + Taxes
About West Oakland
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Listed by: KENNY TRUONG, eXp Realty of California
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40909272
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40909272
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