$1,380,000
●
House -
Off Market
1505 Le Roy Ave
Berkeley, CA 94708
2 Beds
2 Baths
1,524 Ft²
$1,326,265
RealtyHop Estimate
26.92%
Since Aug 1, 2018
CA-San Francisco
Primary Model
About This Property
Welcome to this beautifully updated and meticulously maintained
1961 Mid-Century home built by architect J.K. Ballantine.
With over 1,500 sqft of living space, 1505 LeRoy
Avenue is a spacious two bedroom home with soaring ceilings,
hardwood floors, and an open floor plan. Set back from the
street, this home offers loads of privacy and an elegant back
garden. An inviting fireplace accents the airy living and dining
areas, which flow seamlessly into the kitchen, featuring stainless
steel appliances and a Viking Range - perfect for a serious cook.
The main bathroom has been gorgeously remodeled using
Heath Tiles. Centered around an interior courtyard perfect for
dinners or play, this home has an additional large flat backyard
for basketball, tricycle riding, lounging or gardening.
Located in a very accessible part of North Berkeley, this home is
within walking distance of Gourmet Ghetto restaurants and shops, UC
Berkeley, downtown Berkeley BART, Codornices Park and the Rose
Garden.
Unit Size
1,524 Ft²
Days on Market
43 days
Land Size
0.09 acres
Price per sqft
$686
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #40824812)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2018 | Sold | ||
| Sold | |||
| Jun 6, 2018 | Listed by THORNWALL PROPERTIES INC. | $1,045,000 | |
| Listed by THORNWALL PROPERTIES INC. | |||
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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ft²
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HOA + Taxes
About Berkeley Hills
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Listed by: MARY CANAVAN, THORNWALL PROPERTIES INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40824812
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40824812
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