Listed by: Sanjiv Nayyar, Redfin
$700,000
●
House -
Off Market
22738 2Nd St
Hayward, CA 94541
2 Beds
1 Bath
1,134 Ft²
$3,433
Est. Monthly
About This Property
HUGE PRICE REDUCTION"***The home qualifies for a program where you
can put as little as 3% down, an interest rate of 6.50% on a 30
year fixed with no mortgage insurance! Excellent floor plan
designed in the "Roaring 1920s" with well-preserved original
interior and exterior features, including formal living and dining
rooms separated by French doors. The bedrooms, bathroom, and
hallway are thoughtfully designed, with a door that closes off this
private area from the dining and living rooms. A bright kitchen
nook extends an already spacious kitchen. Full-size and
full-height unfinished basement offers an additional 1000 square
feet for an in-law unit opportunity! This corner lot is
*preapproved* for a detached ADU with separate access from the
cross-street! The owner has removed large palm trees that were in
the way of the construction. Prime location in Historic Hayward,
near dining and shopping; walk to BART. Recent remodeling includes
real oak hardwood floors, a new roof, a new sewage line to the
street, and new appliances.
Unit Size
1,134 Ft²
Days on Market
99 days
Land Size
0.10 acres
Price per sqft
$616
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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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 #41057568)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Redfin | $699,000 | |
| Listed by Redfin | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Upper B Street
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Listed by: Sanjiv Nayyar, Redfin
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41057568
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 41057568
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