$600,000
●
House -
Off Market
229 Lake Ave
Rodeo, CA 94572
3 Beds
2 Baths
1,513 Ft²
$2,942
Est. Monthly
About This Property
Step into this light-filled 3-bedroom, 2-bath home offering 1,513
square feet of comfortable living space, plus an expansive
unfinished basement ready for your vision. The open layout flows
seamlessly from the spacious living & dining area into an inviting,
open kitchen, creating an ideal setting for everyday living and
entertaining. The unfinished basement provides incredible potential
to add a 4th bedroom and 3rd bath, create a separate unit for
multi-generational living, or design the bonus space of your
dreams. Features an attached garage, driveway for off street
parking. 6,250 square foot lot with plenty of room for outdoor
enjoyment, gardening or future improvements. Walk to park,
eateries and John Swett School District.
Unit Size
1,513 Ft²
Days on Market
208 days
Land Size
0.14 acres
Price per sqft
$396
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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 #41119596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| May 1, 2026 | Relisted | $615,000 | |
| Relisted | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
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 Rodeo
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Listed by: Delores Dee Johnson, Delores Dee Johnson, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 41119596
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 41119596
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