$1,460,000
●
House -
Off Market
1620 Cedar St
Berkeley, CA 94703
2 Beds
2 Baths
1,246 Ft²
$1,212,647
RealtyHop Estimate
26.58%
Since May 1, 2019
CA-San Francisco
Primary Model
About This Property
You've found the perfectly located, spacious and light-filled,
1920s North Berkeley bungalow! It is exceptionally maintained with
thoughtful upgrades, has single-level convenience and the deep,
sunny backyard offers options. The living and dining room has an
open floor plan with a skylight, a vaulted ceiling, classic
Craftsman arched fireplace and dining room hutch with leaded glass.
The eat-in kitchen has lots of counter space, room to gather, a
skylight, and French doors leading to a wrap-around deck with
built-in seating. The south facing, oversized level yard has been
nurtured for years and is a harmonious display of shrubs, fruit
trees, a well-tended fir tree and patio seating. Enjoy this master
bedroom suite retreat: large walk-in closet, room for lounging,
French doors to the garden, private master bath. The second bath
with claw-foot tub and second bedroom adjoin a hallway in a
traditional floor plan with good separation of space. Centrally
located to BART, shops & parks!
Unit Size
1,246 Ft²
Days on Market
34 days
Land Size
0.13 acres
Price per sqft
$769
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #40854730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Feb 27, 2019 | Listed by COMPASS | $958,000 | |
| Listed by COMPASS | |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Central Berkeley
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Listed by: TRACY MCBRIDE, COMPASS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40854730
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40854730
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