Overview

$1,195,000

20% Min Down

200 E Oak #

200 East Oak Street, Fort Bragg, CA 95437

For sale in Mendocino

Loft | 0 BA | - Cap Rate

Listed Nov 2nd, 2020
Wonderful historic building located on a prominent and busy corner location! A mixture of commercial and residential. Downstairs is a distinguished bar and dance area that could provide excellent income for weddings, parties, and other events once that becomes possible. In addition, there are six residential units. All residential units are fully occupied. Five parking spaces for tenants are available on the alley. Being zoned general commercial in town provides a myriad of opportunities for use. The owner estimates that with the potential income from the commercial rental spaces plus the residential units, the gross income could be approximately $8075 per month. Come take a look at this great investment property opportunity!

Inquire about this Property

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Features & Amenities

Unit Amenities

  • Exterior: Wood
  • Floor Coverings: Carpet, Laminate, Vinyl

Building Amenities

  • On Street
  • Parking Lot

Building Policies

Learn more about 200 East Oak Street, Fort Bragg, CA 95437

Listed By

History

Date Event Price
Nov 2, 2020 Listed $1,195,000
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Aug 26, 2020 Listed $1,195,000
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Property Analysis

Price Estimate

$1,206,950

HopScore Market Price

$1,195,000

Current Asking Price

+$11,950

Difference from Asking

Cap Rate Analysis

Operating Profit

$15,588
/

Purchase Price

$1,195,000
=

Cap Rate

No Data
**

* Actual income may vary between $1,039 and $1,559 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 200 E Oak

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 200 E Oak

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

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Median Asking

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Above Asking

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Sale Price/ft²

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Days on Market

Schools

School Type Grades Distance
Redwood Elementary Elementary KG to 2 0.62 mi
Shelter Cove Middle School 4 to 8 0.72 mi
Noyo High (Continuation) High School 9 to 12 0.72 mi
Lighthouse Community Day High School 9 to 12 0.72 mi
Fort Bragg Middle Middle School 6 to 8 0.58 mi
Dana Gray Elementary Elementary 3 to 5 0.81 mi
Fort Bragg High High School 9 to 12 0.97 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$5,119

Per Month

Recent Transactions at 200 E Oak

Transaction history for 200 East Oak Street

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)

Apartments for Sale at 200 East Oak Street

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Apartments for Rent at 200 East Oak Street

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Nearby Buildings

Learn more about 200 E Oak #

Building at 200 East Oak Street, Fort Bragg, CA 95437

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