1430 Paru Street
About This Property
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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%.
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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 |
|---|---|---|---|
| May 19, 2023 | No longer available | - | |
| No longer available | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 28, 2023 | No longer available | - | |
| No longer available | |||
| Apr 13, 2023 | Listed by Berkshire Hathaway Franciscan Properties | $975,000 | |
| Listed by Berkshire Hathaway Franciscan Properties | |||
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This iconic Central Alameda 2BD/1.5BA Edwardian with period charm throughout is nestled on a big 6,000+ Sq Ft private lot close to all the coveted amenities Alameda has to offer! 1430 Paru greets visitors with a bright FLR w/FP, a FDR w/decorative mantel, AND a roomy eat-in kitchen w/lots of cabinet space & a cozy b-fast area. Tucked quietly at the home's rear is a private primary BD w/an adjoining sun porch/home office AND rear deck, an additional ample 2nd BD, an updated full BA, and a private half BA. Downstairs is a handy basement/laundry room w/space for a wine cellar, pantry or play area. This vintage stunner w/modern updates boasts lots of natural light from the home's myriad windows AND period charm to spare including warm hardwood floors, crown moldings & built-ins. Out back is gardener's dream w/mature landscaping, private patios and room for raised beds, entertaining and play. PLUS, the large lot may offer home expansion or ADU opportunities for those who desire it (Buyers to verify). A detached garage, separate play/storage shed, and long driveway to the home's rear complete this comprehensive offering. Wonderful Alameda location, close to renowned shopping & dining, coffee, schools, beaches, parks & EZ commute access to SF, Oakland, Berkeley AND all points beyond! The manager has listed the unit size as 1259 square feet.
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| Dec 4, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017