$1,500,000
●
House -
Off Market
1630 McGee Ave
Berkeley, CA 94703
3 Beds
2 Baths
1,952 Ft²
$1,430,831
RealtyHop Estimate
27.18%
Since Jun 1, 2018
CA-San Francisco
Primary Model
About This Property
Located a few blocks from North Berkeley BART, this light and
spacious 3 bedroom and 2 bathroom 1904 era home with thoughtful
updates is nestled between Berkeley's Northbrae and Gourmet Ghetto
neighborhoods. Features include newly refinished oak hardwood
floors, beautiful original high wainscot paneling and charming
built in cabinets and bench seating. The home includes a first
floor family room and a separate entrance on lower level with a
full bathroom and bedroom. Utility/laundry room and attached 2 plus
car garage. Virginia-McGee Totland on same block. Open House
Sat/Sun, April 28 & 29 and Sunday May 6, 2-5pm.
Unit Size
1,952 Ft²
Days on Market
23 days
Land Size
0.07 acres
Price per sqft
$576
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1904
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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 #40818952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2018 | Sold | ||
| Sold | |||
| Apr 25, 2018 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $1,125,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Berkeley
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Listed by: PATRICIA HOLM, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40818952
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40818952
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