$2,325,000
●
House -
Off Market
1555 Cherrywood Drive
San Mateo, CA 94403
5 Beds
3 Baths
2,830 Ft²
$2,971,761
RealtyHop Estimate
35.82%
Since Nov 1, 2017
CA-San Francisco
Primary Model
About This Property
Pride of ownership shines throughout this special home. One of the
largest White Cliff homes in Laurelwood, built in 1973 with 2,830
sq ft on a 16,000 sq ft lot. This 5 bed/ 3 bath home has an
outstanding floor plan with a spacious step down living room,
separate dining room, island in the kitchen leading to large family
room. There is also a den w/ a closet that could be used as a 6th
bedroom, perfect for extended families/ in law. Dramatic circular
staircase, hardwood floors, high ceilings, in house laundry room
with a shower leading to the powder room, a 3 car garage with a
large storage loft above are only a few of the highlights.
Wonderfully located next to the greenbelt with no neighbor on one
side, close to Sawyer Trail, CSM, Farmers Market, perfectly
sitting between San Francisco and Silicon Valley with easy access
to 92 and both 101 & 280 Freeways.
Unit Size
2,830 Ft²
Days on Market
62 days
Land Size
0.37 acres
Price per sqft
$773
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 (MLSListings Inc. #ML81674448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2017 | Sold | ||
| Sold | |||
| Aug 17, 2017 | Listed by Coldwell Banker Realty | $2,188,000 | |
| 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
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Sugarloaf
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Listed by: David Tapper, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML81674448
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML81674448
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