$625,000
●
House -
Off Market
2349 Roosevelt Ave
Richmond, CA 94804
3 Beds
2 Baths
1,382 Ft²
$717,142
RealtyHop Estimate
30.63%
Since Dec 1, 2018
CA-San Francisco
Primary Model
About This Property
Unique opportunity in North and East Richmond to live onsite with
additional rental income or to maximize your investment with
multiple revenue streams! The property is anchored by a 2BR, 1BA
cottage with an updated kitchen, gleaming hardwood floors and
private backyard under a beautiful redwood and majestic oak tree.
The second unit consists of 1BR and 1BA, which can be used as a
rental, au pair or in-law suite. The finished lower level offers a
potential 4th BR, additional bathroom, and laundry area or possible
kitchen. The large lot offers flexibility for off-street parking,
yard areas for gardening or play, and potential for future
expansion. With a Walk Score of 81, this property is conveniently
located near BART (0.6 miles to Richmond Station), a wide variety
of international restaurants, and the Richmond Certified Farmer's
Market (2 blocks away).
Unit Size
1,382 Ft²
Days on Market
40 days
Land Size
0.19 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939
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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 #40842812)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2018 | Sold | ||
| Sold | |||
| Oct 17, 2018 | Listed by ZIP CODE EAST BAY | $549,000 | |
| Listed by ZIP CODE EAST BAY | |||
Property Highlights
Fireplace
Parking Available
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 North and East
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Listed by: JOSHUA DICKINSON, ZIP CODE EAST BAY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40842812
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40842812
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