$1,220,000
●
House -
Off Market
1465 Ordway St
Berkeley, CA 94702
2 Beds
1 Bath
1,275 Ft²
$1,600,249
RealtyHop Estimate
28.02%
Since Nov 1, 2019
CA-San Francisco
Primary Model
About This Property
Beautiful spacious home perfectly located in one of the finest
central-North Berkeley neighborhoods near BART, Cedar Rose Park,
and Monterey Market! Sunny living room with barrel ceiling and tile
fireplace. Separate formal dining room. Lots of mahogany wood trim
and vintage details, including ornate light sconces and brass
doorknobs. Remodeled kitchen with artisan tile backsplash, quartz
counters, high-end appliances, separate pantry area, plus a sunny
breakfast nook! Two generous sized bedrooms. The master bedroom has
a partial city view from the balcony for watching light shows on
the Bay; guest bedroom looks out onto the Berkeley hills.
Landscaped level backyard with prolific fruit trees including Meyer
lemon and apple trees, and heirloom roses throughout. There is an
attached garage with interior access, plus a large extra storage
basement. Permitted for an upper-level third bedroom and second
bathroom addition. This is a very well-built home with lots of
character and good vibes!
Unit Size
1,275 Ft²
Days on Market
58 days
Land Size
0.09 acres
Price per sqft
$980
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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 #40880542)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by RED OAK REALTY | $1,250,000 | |
| Listed by RED OAK REALTY | |||
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
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Asking Price
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Sold On
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HOA + Taxes
About West Berkeley
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Listed by: DEVIN RATOOSH, RED OAK REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40880542
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40880542
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