$634,000
●
House -
Off Market
1611 PACIFIC AVE
Alameda, CA 94501
2 Beds
1 Bath
969 Ft²
$985,701
RealtyHop Estimate
56.71%
Since Oct 1, 2015
CA-San Francisco
Primary Model
About This Property
Perfect starter home with hdwd flrs, formal dining room, built-ins,
fireplace, detached garage & workshop, super sunny yard & patio
area excellent for BBQ-ing, entertaining, relaxing! Bonus space,
xtra long driveway, central Alameda location, close to Park St
shops, parks, and beach amenities.
Unit Size
969 Ft²
Days on Market
52 days
Land Size
0.08 acres
Price per sqft
$649
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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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 #40708222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed by COMPASS | $799,000 | |
| Listed by COMPASS | |||
| | |||
|
Charming, updated Bungalow in heart of Alameda retains original details. 2+ bedrooms, 1.5 baths. Dining room. All the heavy lifting is done! Kitchen and baths are stylishly updated and modern with SS/marble, gas stove. Good storage and plenty of counterspace. Bedrooms are good-sized. Plus room could be used as an office, playroom, studio and more. Custom-fitted bed conveys. Backyard is spacious with multiple seating areas and room to garden. Garage and shed provide ample storage. Generous front porch. Alameda known for its wonderful schools, parks, beaches, vibrant downtown.
| |||
| Sep 10, 2015 | Sold | ||
| Sold | |||
| Jul 20, 2015 | Listed by MCGUIRE REAL ESTATE | $629,000 | |
| Listed by MCGUIRE REAL ESTATE | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West End
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Listed by: KRISTEN THOMPSON, MCGUIRE REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40708222
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40708222
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