Listed by: Carrie McAlister, KW Advisors East Bay
$1,320,000
●
Condo -
Off Market
2209 5Th St #C
Berkeley, CA 94710
2 Beds
2 Baths
1,652 Ft²
$7,038
Est. Monthly
$1,170
HOA / Fees
2.00%
Cap Rate
About This Property
Nestled away from the street and situated among a serene bamboo
grove, you'll find an extraordinary 2BR/2BA townhouse designed by
Rempel-Lao Architects. Some of the distinctive features include
dedicated solar panels, Brazilian cherry floors, radiant floor
heating, a floating staircase, and Scavolini cabinets imported from
Italy. The garage has a deeded parking space, bike racks, a
mail/package delivery area, and ample storage. Located just blocks
from the Berkeley Marina, Fourth Street dining and shopping,
Aquatic Park, and UC Berkeley. Don't miss this exceptional
property!
Unit Size
1,652 Ft²
Days on Market
35 days
Land Size
0.17 acres
Price per sqft
$723
Property Type
Condo
Property Taxes
-
HOA Dues
$1,170
Year Built
-
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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 #41072713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by KW Advisors East Bay | $1,195,000 | |
| Listed by KW Advisors East Bay | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, One Space
Garage Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: ThreeOrMore
Appliances: Gas Water Heater, Dryer, Washer
Flooring Type: Concrete, Stone, Wood
Has Fireplace
Gas Starter
Exterior Details
Year Built: 2005
Parcel Number: 56196328
Home Type: Residential
Architectural Style: Contemporary
Builder Name: A: Rempel-Lao
Roof: Composition
Construction Materials: Wood Siding
Outdoor Living Structures: Patio
Pool Features: None
Lot Information: Sprinklers Timer
Lot Size Source: Measured
Lot Size Acres: 0.1749
Utilities Details
Cooling Type: None
Heating Type: Radiant
Location Details
Association Amenities: Security
Association Fee: $1,170
Association Fee Frequency: Monthly
Subdivision: BERKELEY
Subdivision Name: BERKELEY
Directions: Sixth St to Allston Way to Fifth St Cross Street: Allston Way.
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 |
|---|---|---|---|---|---|---|---|
|
09/11/2024
|
2 Bed
|
2 Bath
|
1652 ft²
|
$1,195,000
2 Bed
2 Bath
1652 ft²
|
$1,320,000
+10.46%
10/16/2024
|
Carrie McAlister
THE GRUBB CO. INC.
|
Building Info
About West Berkeley
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Listed by: Carrie McAlister, KW Advisors East Bay
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41072713
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41072713
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