$400,000
●
Condo -
Off Market
2029 Otis Dr #J
Alameda, CA 94501
1 Bed
1 Bath
652 Ft²
$448,070
RealtyHop Estimate
28.02%
Since Nov 1, 2019
CA-San Francisco
Primary Model
About This Property
Home Sweet Home. First time on the market in over thirty years.
Rarely available, this newly carpeted 1 bedroom, 1 Bath South Shore
Condominium, in lovely Alameda. Open living room, flowing into the
dining area with lots of natural light. Easy access to the
lagoon and 2 swimming pools. Excellent location, close to
shopping, beaches, parks, schools, Alameda Hospital and gourmet
restaurants. Easy access to San Francisco with two ferry
stops nearby.
Unit Size
652 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$537
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 #40879740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2019 | Sold | ||
| Sold | |||
| Aug 26, 2019 | Listed by BERKSHIRE HATHAWAY HOME SVCS | $350,000 | |
| Listed by BERKSHIRE HATHAWAY HOME SVCS | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Flooring Type: Carpet, Vinyl
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 652
Year Built: 1968
Levels: One
Construction Materials: Stucco
Pool Features: Community, Association
Lot Size Units: Square Feet
Utilities Details
Heating Type: Wall Furnace
Sewer : Shared Septic
Location Details
HOA/Condo/Coop Amenities: Insurance, Pool, Trash
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
Similar Homes for Sale
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Listed by: WANDA PRYOR, BERKSHIRE HATHAWAY HOME SVCS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40879740
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40879740
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