$950,000
●
House -
Off Market
187 Escondido Drive
Martinez, CA 94553
4 Beds
3 Baths
2,082 Ft²
$4,758
Est. Monthly
About This Property
Amazing Opportunity to own this Beautiful 4 Bedroom, 3 Full Updated
Baths. 3 Bedrooms & 2 Full baths on Main Level & 1 Bed/1Bath ADU
downstairs with separate entrance. This home offers a perfect blend
of comfort, space, and versatility. Located on a large luscious lot
with abundant greenery, this property provides a serene retreat
with views of Mt. Diablo from the deck off the Living Room. The
main Living area features a spacious Living & Dining Room with
Floor to Ceiling Brick wood-burning fireplace. Kitchen opens up to
the main Living area creating an inviting feel & great for
entertaining! Kitchen boasts a Gas Stove, Peninsula, Plenty of
Storage & beautiful scenery from the Kitchen & 2 Bedrooms upstairs.
Downstairs ADU Features Kitchenette & Living Room with Separate
entrance allowing for potential rental income, guests or extended
family. Attached 2-car Garage & ample outdoor space. New LVP
Flooring, Carpet & Interior Paint. Newer Exterior Paint. Feeds into
TOP RATED Morello Park Elementary. Excellent Commute Location with
Minutes to Freeway, Shopping, Restaurants, Bart & Historic Downtown
Martinez. OPEN SUNDAY, 10/20 1:30-4:00
Unit Size
2,082 Ft²
Days on Market
165 days
Land Size
0.43 acres
Price per sqft
$465
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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 #41071688)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$969,000
↓ $29K
(2.9%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $998,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
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HOA + Taxes
About Martinez
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Listed by: Lupe Kemper, Windermere Diablo Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41071688
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41071688
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