$1,850,000
●
House -
Off Market
1457 Murchison Drive
Millbrae, CA 94030
5 Beds
3 Baths
2,520 Ft²
$2,519,430
RealtyHop Estimate
39.98%
Since Jul 1, 2017
CA-San Francisco
Primary Model
About This Property
Spectacular 5 bedroom, 3 full bath 2520 SqFt. Mills Estates Rancher
with a possible In-Law arrangement. The spacious living room
features a large picture window with tranquil views of the pool
which enhance the light, bright, open and airy feel of this
welcoming multi generational living arrangement. The kitchen
opens to the large family room which boasts a fireplace and wet
bar. The master bedroom suite has lots of closet space and
adjoins a large office/den. Therea?Ts a large 2 car garage and a 3
car driveway. The homea?Ts desirable Mills Estate location is
withing easy driving distance to desirable schools, convenient
shopping as well as Highways 280, 380, 101, and the
BART/CalTrain/SFO merger station, Millbrae's gateway to the World.
The location and convenience you want with the room you need.
Welcome home!
Unit Size
2,520 Ft²
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
$714
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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. #ML81650271)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Listed by KW Peninsula Estates | $2,488,000 | |
| Listed by KW Peninsula Estates | |||
| | |||
|
Stunning 5b3b single level Mills Estate rancher family home w/ pool! Attractive curb appeal, a formal entryway flows to the bright & airy living room w/ newer laminate flooring & recessed lights throughout. Formal dining w/ sliding door opens to the backyard that leads to the tranquil private pool - make a splash in the summer! Fireplace decorated family room, gourmet kitchen, featuring a functional wet bar, granite counters, custom cabinets, built-in oven & microwave, high-end STT appliances. Oversized romantic primary suite sits in the back of the house, offers his & her vanity, large closets & an extended office area, almost functioning like 2 rooms! 4 sizable guest rooms all have recessed lighting & premium laminate flooring. Skylight in the updated hallway bathroom flush the space w/ varying gradients of light. 2 car attached garage & 3 car driveway. Coveted location steps away from Millbraes top notch schools & parks. Close to town, public transports, hwy 280 & 101. Welcome home! The manager has listed the unit size as 2520 square feet.
| |||
| Jun 23, 2017 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by Coldwell Banker Realty | $1,799,888 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Millbrae
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Listed by: Gregory Strang, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81650271
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81650271
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