247 4th Street #100
About This Property
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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 22, 2025 | Listed | $349,950 | |
| Listed | |||
| | |||
|
This unit was converted from warehouse into LOFT in 2021 with permit, all new copper plumbing, new electrical, new flooring , new kitchen , new paint new electric water heater, New ADA bathroom on main floor and new full bath on Mezzanine floor. Newly added plenty storage in Mezzanine area. New Space heater. The unit also have easement access to use the restaurant bathroom in the building. Water and electric and garbage included in HOA
| |||
| May 9, 2023 | No longer available | - | |
| No longer available | |||
| Apr 28, 2023 | Price Decreased |
$509,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Mar 28, 2023 | Listed by Exp Realty of California Inc | $524,999 | |
| Listed by Exp Realty of California Inc | |||
| | |||
|
Welcome to your dream Oakland loft! This stunning 1 bed, 1.5 bath home has been thoughtfully converted to maximize space and functionality, with 840 square feet of luxurious living. As soon as you step inside, you'll be greeted by an open floor plan that's perfect for entertaining. The large windows provide ample lighting for a perfect live work loft. The updated bathrooms are both designed with accessibility in mind and provide a comfortable experience for everyone. Other recent upgrades include new refrigerator and washer and dryers, as well as new flooring throughout the home. The kitchen has also been completely renovated, featuring new cabinets and countertops that perfectly complement the modern look and feel of the space. Through a hidden door in the bedroom, there is plenty of storage space. You won't have to worry about clutter getting in the way of your beautiful new home or you can also turn the space into an office that overlooks the living area. Located in the heart of Oakland, this loft is perfectly situated to take advantage of everything the city has to offer. Whether you're looking to explore the local restaurants and shops or simply enjoy the beautiful weather, you'll love calling this place home. Don't miss out on this incredible opportunity! The manager has listed the unit size as 840 square feet.
| |||
| Jun 6, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2026
|
1 Bed
|
1 Bath
|
1208 ft²
|
$449,000
1 Bed
1 Bath
1208 ft²
|
$525,000
+16.93%
08/12/2026
|
Mike Yohay
Compass
| |
|
03/02/2026
|
2 Bed
|
1 Bath
|
1922 ft²
|
$895,000
2 Bed
1 Bath
1922 ft²
|
$895,000
05/15/2026
|
Jennifer Kaplan
Red Oak Realty
| |
|
06/06/2025
|
1 Bed
|
1 Bath
|
1383 ft²
|
$539,000
1 Bed
1 Bath
1383 ft²
|
$439,000
-18.55%
11/12/2025
|
Barry Pilger
STAFFORD REAL ESTATE
| |
|
01/24/2025
|
Studio
|
1 Bath
|
1664 ft²
|
$695,000
Studio
1 Bath
1664 ft²
|
$725,000
+4.32%
03/07/2025
|
Laura Arechiga
THE GRUBB CO. INC.
| |
|
09/05/2024
|
2 Bed
|
1 Bath
|
1922 ft²
|
$798,000
2 Bed
1 Bath
1922 ft²
|
$903,000
+13.16%
10/03/2024
|
Kim Cole
Kim Cole Real Estate
| |
|
04/07/2023
|
2 Bed
|
1 Bath
|
1989 ft²
|
$998,000
2 Bed
1 Bath
1989 ft²
|
-
-
|
Kim Cole
Kim Cole Real Estate
| |
|
03/28/2023
|
1 Bed
|
1.5 Bath
|
840 ft²
|
$524,999
1 Bed
1.5 Bath
840 ft²
|
-
-
|
Tyler Ha
eXp Realty of California
| |
|
05/31/2022
|
1 Bed
|
1 Bath
|
1477 ft²
|
$699,000
1 Bed
1 Bath
1477 ft²
|
$760,000
+8.73%
12/05/2022
|
Laura Martell
WINKLER REAL ESTATE GROUP
| |
|
06/24/2021
|
1 Bed
|
1 Bath
|
1383 ft²
|
$625,000
1 Bed
1 Bath
1383 ft²
|
$599,000
-4.16%
01/11/2022
|
Barry Pilger
STAFFORD REAL ESTATE
| |
|
07/08/2020
|
1 Bed
|
1 Bath
|
1118 ft²
|
$619,000
1 Bed
1 Bath
1118 ft²
|
$610,000
-1.45%
08/18/2020
|
Kim Cole
| |
|
07/11/2019
|
1 Bed
|
1 Bath
|
1118 ft²
|
$600,000
1 Bed
1 Bath
1118 ft²
|
$600,000
08/19/2019
|
Barry Pilger
STAFFORD REAL ESTATE
| |
|
04/25/2019
|
2 Bed
|
1 Bath
|
1989 ft²
|
$1,000,000
2 Bed
1 Bath
1989 ft²
|
$965,000
-3.50%
07/31/2019
|
Barry Pilger
STAFFORD REAL ESTATE
| |
|
04/25/2019
|
1 Bed
|
1 Bath
|
1664 ft²
|
$875,000
1 Bed
1 Bath
1664 ft²
|
-
-
|
-
| |
|
11/02/2018
|
2 Bed
|
1 Bath
|
1477 ft²
|
$890,000
2 Bed
1 Bath
1477 ft²
|
-
-
|
-
| |
|
09/08/2018
|
1 Bed
|
1 Bath
|
1664 ft²
|
$799,000
1 Bed
1 Bath
1664 ft²
|
$875,000
+9.51%
05/31/2019
|
BARRY PILGER
| |
|
02/11/2018
|
Loft
|
-
|
-
|
$300,000
Loft
-
|
$270,000
-10.00%
06/06/2018
|
Jason Wu
Realty One Group - World Properties
| |
|
05/25/2017
|
1 Bed
|
1 Bath
|
1477 ft²
|
$850,000
1 Bed
1 Bath
1477 ft²
|
$810,000
-4.71%
08/25/2017
|
Norman Gee
BHG RE RELIANCE PARTNERS
| |
|
01/06/2017
|
1 Bed
|
1 Bath
|
1118 ft²
|
$580,000
1 Bed
1 Bath
1118 ft²
|
$630,000
+8.62%
02/17/2017
|
David Newton
VALVA REALTY COMPANY
| |
|
07/06/2016
|
1 Bed
|
1 Bath
|
1332 ft²
|
$549,000
1 Bed
1 Bath
1332 ft²
|
$620,000
+12.93%
09/16/2016
|
Tom Hendershot
REDFIN
| |
|
01/22/2016
|
1 Bed
|
1 Bath
|
1477 ft²
|
$750,000
1 Bed
1 Bath
1477 ft²
|
$827,000
+10.27%
03/03/2016
|
G. Julia Bivins
GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
| |
|
10/09/2015
|
1 Bed
|
1 Bath
|
1332 ft²
|
$699,000
1 Bed
1 Bath
1332 ft²
|
$655,000
-6.29%
12/18/2015
|
G. Julia Bivins
Compass
| |
|
07/10/2015
|
1 Bed
|
1 Bath
|
1340 ft²
|
$599,000
1 Bed
1 Bath
1340 ft²
|
$755,000
+26.04%
08/18/2015
|
G. Julia Bivins
GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
| |
|
07/03/2014
|
1 Bed
|
1 Bath
|
1118 ft²
|
$349,000
1 Bed
1 Bath
1118 ft²
|
$385,000
+10.32%
07/31/2014
|
Barry Pilger
STAFFORD REAL ESTATE
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017