$580,000
●
Townhouse -
Off Market
202 Palisade Drive
Oakland, CA 94607
2 Beds
3 Baths
1,060 Ft²
$3,268
Est. Monthly
$326
HOA / Fees
5.81%
Cap Rate
About This Property
Rare corner unit tri-level townhouse 9 ft ceilings in the quiet
Zephyr Gate community, and lots of natural light. Residence comes
with a side-by-side 2 car garage. Zephyr Gate is part of the
central station community, a GreenPoint rated community designed
and built of sustainable practice and materials. Additional
features: urban living, pet friendly, central gathering open spaces
for socialization. Neighboring the master planned community of
Pacific Cannery Lofts, Station House, Ellis at Central station -
Conveniently located to the nearby public transportation, schools,
Oakland Ballers Raimondi Park, 14th Street pocket park, West
Oakland Sunday Farmers Market, and a short commute to the downtown
Oakland, San Francisco, Alameda, and Emeryville.
Unit Size
1,060 Ft²
Days on Market
65 days
Land Size
0.17 acres
Price per sqft
$565
Property Type
Townhouse
Property Taxes
-
HOA Dues
$326
Year Built
2011
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Cap Rate Calculator
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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: 3 years ago (CRMLS #41063039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by BAY PROPERTY GROUP MANAGEMENT | $599,000 | |
| Listed by BAY PROPERTY GROUP MANAGEMENT | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 3
Appliances: Gas Water Heater
Flooring Type: Carpet, Stone
None
Exterior Details
Year Built: 2011
Home Type: Residential
Architectural Style: Contemporary
Builder Name: Pulte Homes
Construction Materials: Stucco
Outdoor Living Structures: Deck
Pool Features: None
Lot Information: Corner Lot
Lot Size Source: PublicRecords
Lot Size Acres: 0.1671
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Maintenance Grounds, Insurance
Association Fee: $326
Association Fee Frequency: Monthly
Subdivision: PRESCOTT
Subdivision Name: PRESCOTT
Directions: 14th Street to Wood to 12th Street Cross Street: Wood.
Other Details
Listing Terms: Cash, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
06/12/2024
| |
2 Bed
|
3 Bath
|
1060 ft²
|
$599,000
2 Bed
3 Bath
1060 ft²
|
$580,000
-3.17%
08/16/2024
|
Shihli Lu
KELLER WILLIAMS REALTY
|
Building Info
About West Oakland
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Listed by: Shihli Lu, BAY PROPERTY GROUP MANAGEMENT
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41063039
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41063039
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