$690,000
●
House -
Off Market
2208 50th Avenue
Oakland, CA 94601
3 Beds
2 Baths
1,212 Ft²
$864,135
RealtyHop Estimate
28.02%
Since Nov 1, 2019
CA-San Francisco
Primary Model
About This Property
BACK ON MARKET Excellent opportunity awaits. Sitting a on a large
5,750 sq.ft. lot this home offers 2 bedrooms 2 baths and 1212 Sq.Ft
on the main living area. Finished basement with bathroom. The home
features include new interior paint, new flooring, original
hardwood floors, solar panels, new tankless water, new sewer line,
finished basement with a living area and full bathroom. At the back
of the house is a charming guest house or In-law with a full
bathroom. The large yard has endless possibilities, A gardener's
paradise awaits. Gated carport parking space and an additional
parking area. Close proximity to Fruitvale BART, numerous Laurel
restaurants and shops and Maxwell Park. Open Sun 2-4:30
Unit Size
1,212 Ft²
Days on Market
77 days
Land Size
0.13 acres
Price per sqft
$557
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
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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 #40874894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $675,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Central East Oakland
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Listed by: MARLENE SIMAS, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40874894
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40874894
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