$1,425,000
●
Multifamily -
Off Market
2004 CEDAR STREET
Berkeley, CA 94709
Studio
0 Bath
$1,487,239
RealtyHop Estimate
35.82%
Since Nov 1, 2017
CA-San Francisco
Primary Model
About This Property
Very special legal duplex zoned for multi-use. Lower unit has a
beautifully updated kitchen & bath, spacious rooms & original
detailing. Upper unit has light-filled rooms, spacious kitchen &
outdoor deck. Presently used as single family home, previously used
as office and upper private residence. Property has ample
storage & off street parking. Steps from the best of the Gourmet
Ghetto shops & restaurants, and close to BART & UC Berkeley. Not to
be missed!
Unit Size
-
Days on Market
28 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1901
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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 #40798095)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Sep 22, 2017 | Listed by THE GRUBB CO. INC. | $1,095,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Appliances: Dryer
Flooring Type: Wood
Exterior Details
Has Property Attached
Year Built: 1901
Construction Materials: Wood Siding
Lot Features: StreetLevel
Lot Size Area: 2000
Lot Size Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2000
Utilities Details
Heating Type: Wall Furnace
Sewer : Shared Septic
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2017
| |
Studio
|
-
|
-
|
$1,095,000
Studio
-
|
$1,425,000
+30.14%
10/20/2017
|
Bebe McRae
THE GRUBB CO. INC.
|
Building Info
About North Berkeley
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Listed by: BEBE MCRAE, THE GRUBB CO. INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40798095
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40798095
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