$1,750,000
●
House -
Off Market
21 Menlo Pl
Berkeley, CA 94707
3 Beds
2 Baths
2,306 Ft²
$1,782,922
RealtyHop Estimate
21.70%
Since Aug 1, 2020
CA-San Francisco
Primary Model
About This Property
Nestled among trees on a quiet and charming street in the coveted
Thousand Oaks neighborhood, this charming 1926 Traditional is
beautifully appointed with many original details. Formal entryway
opens to gracious living + dining rooms overlooking magical
park-like gardens through large picture windows and a sunny deck.
Two of the spacious bedrooms are easily accessible on the entry
level and share a bath. The kitchen features newer appliances, its
own exterior entrance, plenty of counter space and an eat-in area.
Upstairs, a vaulted wood paneled family room could easily be
considered a fourth bedroom. Oversized master bedroom has ample
closet space + huge expansion possibility into large unfinished
attic space. An (almost) full height basement offers plenty of
workshop + storage space. Detached garage is conveniently accessed.
Lovingly maintained + utterly private, home is close to Solano
Avenue, parks, schools and the great outdoors. A rare gem in a
wonderful neighborhood.
Unit Size
2,306 Ft²
Days on Market
32 days
Land Size
0.15 acres
Price per sqft
$635
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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 #40907070)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by THE GRUBB CO. INC. | $1,465,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Thousand Oaks
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Listed by: Colette Ford, THE GRUBB CO. INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40907070
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40907070
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