2245 Ransom Ave
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2022 | No longer available | - | |
| No longer available | |||
| Jan 27, 2022 | Listed by Keller Williams Realty | $599,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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David Gunderman - 510-205-4369 - Perched on a site overlooking gentle hills and roof tops, with a glimpse of the SF skyline from the rear of the home, 2245 Ransom is a gorgeously renovated and enchanting 2+BD/1BA, 1156 sq ft Bungalow located in the Harrington neighborhood of Oakland. The home features an open common area, newly remodeled eat-in chef’s kitchen, a primary bedroom with bay window, a large bath, and a convenient laundry room with washer and dryer. The partially finished basement includes abundant storage space and a bonus room with a private entrance for a potential home office or craft area. The beautifully landscaped front yard attracts butterflies and hummingbirds, and the enclosed back yard is large enough for outdoor entertaining or a children’s play area. Centrally located, the home is minutes from Lake Merritt, the Grand Lake District, and commuter options. Brookdale Park is moments away, an urban oasis with walking paths through a redwood grove, basketball courts, picnic areas, and a playground. The manager has listed the unit size as 1156 square feet.
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| Nov 13, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2018 | Listed by RED OAK REALTY | $489,000 | |
| Listed by RED OAK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017