Listed by: Sari Cooper, Red Oak Realty
$633,000
●
Land -
Off Market
250 CROSS Rd
Oakland, CA 94618
Studio
0 Bath
$3,187
Est. Monthly
About This Property
Rare opportunity to build your custom dream home in desirable Upper
Rockridge! The lot comes with architectural & engineering plans*
for a luxury 4 bedroom, 2.5 bath, 2,565 sq ft residence with an
additional 400 sq ft of bonus space on lower level (per measured
plans). Plans approved by the City of Oakland Planning Dept, ready
for building permit submittal! Located nearby Village Market,
Hillcrest Elementary**, Lake Temescal, Claremont Country Club &
Golf Course, BART, and College Avenue shops and amenities. Buyers
to do their own investigation.
Unit Size
-
Days on Market
157 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1930
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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: 2 years ago (CRMLS #41077488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Red Oak Realty | $649,000 | |
| Listed by Red Oak Realty | |||
| Aug 5, 2020 | No longer available | - | |
| No longer available | |||
| Aug 3, 2020 | Listed | $615,000 | |
| Listed | |||
| | |||
|
John L. Morra - 510-200-4449 - WHAT A GREAT OPPORTUNITY! This is one of the last lots available in the UPPER ROCKRIDGE neighborhood. WATER METER ON SITE! What a bonus!! This established neighborhood homes sell on average 2.7million dollars.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About North Hills
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Listed by: Sari Cooper, Red Oak Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41077488
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41077488
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