$998,000
●
House -
Off Market
1506 Madera Ct
El Cerrito, CA 94530
3 Beds
2 Baths
1,657 Ft²
$1,204,516
RealtyHop Estimate
26.92%
Since Feb 1, 2020
CA-San Francisco
Primary Model
About This Property
This beautiful, single level, 3 bedroom, 2 bath home, located on a
friendly neighborhood cul-de-sac, features striking concrete pavers
and decomposed granite as you walk toward the home's entrance.
Recessed lighting throughout the home lights up this open floor
plan that features a central wood-burning fireplace that reaches to
the high cathedral ceiling. Enjoy Bay views from the front room and
an updated kitchen that includes stainless steel appliances and a
large pantry. An inviting dining room is off the kitchen, as well
as a large family room with back yard patio access. Ideal for
indoor outdoor living. The home features dual pane windows. The
front and rear patio-gardens are an engaging setting for enjoyable
social occasions. Madera School is less than a block away.
Electrical transmission lines are underground in this neighborhood.
Nearby access to transit and parks.
Unit Size
1,657 Ft²
Days on Market
42 days
Land Size
0.18 acres
Price per sqft
$573
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #40890717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by COLDWELL BANKER REALTY | $949,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Nov 6, 2015 | Sold | ||
| Sold | |||
| Sep 22, 2015 | Listed by RED OAK REALTY | $750,000 | |
| Listed by RED OAK REALTY | |||
| | |||
|
Stylish mid-century single-level updated home. Open flr plan w/central fireplace reaching to cathedral ceiling. Partial views from front room. Updated kitchen! s/s appliances, pantry, bonus space for office/family room. Opens to level fenced garden with patio. Dual pane windows. Near transit/parks.
| |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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About El Cerrito
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Listed by: GREGG LUSTIG, COLDWELL BANKER REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40890717
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40890717
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