Listed by: Nancy Reichert-Burley, THE GRUBB CO. INC.
$968,000
●
House -
Off Market
1631 10Th St
Berkeley, CA 94710
2 Beds
1 Bath
1,051 Ft²
$4,317
Est. Monthly
About This Property
Move to popular Oceanview in Berkeley and you'll be in the heart of
one of Berkeley's most popular & diverse areas of shopping,
restaurants, parks, wineries, bakeries & brewpubs!
This 1920's two bedroom, one bath bungalow has been expanded
in the past, and now offers a large open kitchen and a rear bonus
room for guests or a perfect work-at-home set up. There are
beautiful hardwood floors and a charming living room with
fireplace. Highly desirable is the expansive undeveloped lot --
so many possible opportunities for a savvy buyer to add
significant value! This Oceanview location truly can't be
beat... 10th Street is well sited for access to San Francisco, UC
Berkeley, Downtown Oakland or Marin county. There are
multiple bus-lines nearby, North Berkeley BART station, and there
is easy access to Highway 80. The Bay Trail, Albany
Bulb and Point Isabel are wonderful spots to recharge on the Bay,
and the hills of Wildcat Canyon and Tilden park are just a short
distance away. Don't miss this special opportunity to move in and
build value in West Berkeley.
Unit Size
1,051 Ft²
Days on Market
46 days
Land Size
0.12 acres
Price per sqft
$836
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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: 2 years ago (CRMLS #41077358)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by THE GRUBB CO. INC. | $879,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Berkeley
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Listed by: Nancy Reichert-Burley, THE GRUBB CO. INC.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41077358
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41077358
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