$1,650,000
●
House -
Off Market
1500 Arch Street
Berkeley, CA 94708
3 Beds
2 Baths
1,856 Ft²
$1,642,022
RealtyHop Estimate
26.31%
Since Jun 1, 2019
CA-San Francisco
Primary Model
About This Property
Lovingly restored and tastefully updated Art Moderne-style home in
Berkeley's Gourmet Ghetto, w/views of SF, the Bay and Golden
Gate bridges and Mt. Tam. Built in 1937 and completely renovated in
2015, this three-bedroom, two bath beauty shows off its classic
style and grace with plenty of natural light, handsome hardwood
floors, generous sized bedrooms, open kitchen/dining area, and a
large living room with a working fireplace. Step outside onto the
expansive brick patio to a peaceful oasis for your morning coffee
or afternoon tea, or take advantage of the great space to entertain
your guests in style. Wander down into the lower yard and enjoy the
magnificent garden while spending some lazy time in the comfy
hammock. Walk to Peet's, Chez Panisse, Gregoire and many more
Gourmet Ghetto delights.
Unit Size
1,856 Ft²
Days on Market
22 days
Land Size
0.11 acres
Price per sqft
$700
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
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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: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40864683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by MARVIN GARDENS EAST BAY | $1,300,000 | |
| Listed by MARVIN GARDENS EAST BAY | |||
| Feb 14, 2014 | Sold | ||
| Sold | |||
| Jan 21, 2014 | Listed by BHG RE RELIANCE PARTNERS | $699,000 | |
| Listed by BHG RE RELIANCE PARTNERS | |||
 | |||
|
WOW! Contemporary gem located on the corner of Arch and Vine. Features include newer roof, low pest, wood floors, large fireplace in a large living room, beautiful wood windows, original charm, attached garage, dining area & ideal location!
| |||
Property Highlights
Garage
Parking Available
Fireplace
With View
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
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HOA + Taxes
About Berkeley Hills
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Listed by: LAURA DUBINETT, MARVIN GARDENS EAST BAY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40864683
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40864683
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