$1,100,000
●
House -
Off Market
157 FAIRLAWN DR
Berkeley, CA 94708
4 Beds
2 Baths
1,943 Ft²
$1,699,162
RealtyHop Estimate
89.01%
Since Dec 1, 2013
CA-San Francisco
Primary Model
About This Property
Custom Mid Century Modern, Move-in condition. Clean, bright open
floor plan, private courtyard, landscaped, pond. Redwood walls &
trim, natural cork floors, fireplace, dining area. Master bedroom
added w/permits. Spacious garage with plus workshop/storage. Well
maintained with updates.
Unit Size
1,943 Ft²
Days on Market
66 days
Land Size
0.14 acres
Price per sqft
$463
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #40630772)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Nov 28, 2018 | Listed by KELLER WILLIAMS REALTY | $1,299,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
| | |||
|
For the true fan of Mid-Century style, this 1955 custom-built home is waiting for you. Built by notable Berkeley architect, Gerald McCue, as his personal residence, this home features special design elements such as redwood paneling, wooden soffits, floor-to-ceiling windows, an Asian tranquility garden, open living spaces and clean lines throughout. The bedrooms are generously portioned, with the master suite including a large additional room for a lounge or home office. The private back courtyard is the perfect place for hosting a cocktail party or enjoying the peace of the Berkeley Hills. Behind the two-car garage is space for an ample work shop or additional storage. This one-of-kind home is waiting for you. Open Sat & Sun, 2-4:30
| |||
| Nov 14, 2013 | Sold | ||
| Sold | |||
| Sep 9, 2013 | Listed by BHG RE RELIANCE PARTNERS | $899,000 | |
| Listed by BHG RE RELIANCE PARTNERS | |||
Property Highlights
Garage
Parking Available
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: GLEN BELL, BHG RE RELIANCE PARTNERS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40630772
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40630772
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