$857,000
●
House -
Off Market
1928 Downey Pl
El Cerrito, CA 94530
2 Beds
2 Baths
1,332 Ft²
$978,396
RealtyHop Estimate
30.63%
Since Dec 1, 2018
CA-San Francisco
Primary Model
About This Property
This beautifully maintained mid-century home in the El Cerrito
foothills is convenient to BART, zoned for highly-rated
Madera Elementary per WCCUSD website, accessible to many parks and
trails, and close to many El Cerrito, Albany, and Berkeley
amenities. The location is ideal for families and commuters. Enjoy
your private oasis from a huge picture window in the over-sized
living room, or lounge in the backyard with a picturesque view of
downtown San Francisco. The home also features well-maintained
period built-ins that provide great storage and style. The home has
mature, drought resistant landscaping, and a large, private, and
relaxing patio and yard. The huge garage is perfect for a maker and
can provide ample storage in addition to the shed in the backyard.
It also features updated dual-paned energy efficient windows, an
updated patio, refreshed paint, and other upgraded features. Come
see this wonderful gem!
Unit Size
1,332 Ft²
Days on Market
48 days
Land Size
0.12 acres
Price per sqft
$562
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #40841114)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2018 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by RED OAK REALTY | $749,000 | |
| Listed by RED OAK REALTY | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About El Cerrito
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Listed by: DECLAN SPRING, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40841114
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40841114
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