$620,000
●
Condo -
Off Market
2029 OTIS DR #C
Alameda, CA 94501
2 Beds
2 Baths
1,072 Ft²
$876,030
RealtyHop Estimate
48.73%
Since Aug 1, 2016
CA-San Francisco
Primary Model
About This Property
This spacious, 2BR/2BA unit is on the Lagoon, level-in and very
quiet and private end unit at rear of complex. Adjacent
to the South Shore Shopping Center. Open Sat 6/18 and Sun
6/19 - 2-5PM.
Unit Size
1,072 Ft²
Days on Market
43 days
Land Size
3.18 acres
Price per sqft
$549
Property Type
Condo
Property Taxes
-
HOA Dues
$375
Year Built
1968
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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: 5 months ago (bridgeMLS/CCAR/Bay East AOR #40744165)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2016 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by BHG HIGHLAND PARTNERS | $589,000 | |
| Listed by BHG HIGHLAND PARTNERS | |||
Property Highlights
Parking Available
Fireplace
With View
Parking Details
Has Garage
Has Carport
Parking Features: Carport, OneSpace
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet, Tile
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1072
Architectural Style: Contemporary
Year Built: 1968
Levels: Two
Construction Materials: Stucco, Wood Siding
Pool Features: Community, In Ground, Association
Lot Features: StreetLevel
Lot Size Area: 138520
Lot Size Units: Square Feet
Lot Size Acres: 3.18
Lot Size Square Feet: 138520
Utilities Details
Heating Type: Electric
Sewer : Shared Septic
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Pool, Security, Trash, Water
HOA Fee: $375
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
03/21/2025
|
1 Bed
|
1 Bath
|
809 ft²
|
$499,000
1 Bed
1 Bath
809 ft²
|
$495,000
-0.80%
04/21/2025
|
Simone Koga
COMPASS
| |
|
08/26/2019
|
1 Bed
|
1 Bath
|
652 ft²
|
$350,000
1 Bed
1 Bath
652 ft²
|
$400,000
+14.29%
10/07/2019
|
Wanda Pryor
BHHS Drysdale Alameda
| |
|
06/09/2016
|
2 Bed
|
2 Bath
|
1072 ft²
|
$589,000
2 Bed
2 Bath
1072 ft²
|
$620,000
+5.26%
07/22/2016
|
Robert Randall
Randall Realty
| |
|
02/17/2016
|
2 Bed
|
1 Bath
|
954 ft²
|
$589,000
2 Bed
1 Bath
954 ft²
|
$650,000
+10.36%
03/21/2016
|
Gaylen Roberts
KW Advisors
|
Building Info
About East End
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Listed by: ROBERT RANDALL, BHG HIGHLAND PARTNERS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40744165
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40744165
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