$860,000
●
House -
Off Market
2540 Potomac St
Oakland, CA 94602
2 Beds
1 Bath
1,068 Ft²
$974,044
RealtyHop Estimate
39.35%
Since Sep 1, 2017
CA-San Francisco
Primary Model
About This Property
Picture perfect Lincoln Heights home! Fantastic open living/dining
rooms with hardwood floors, charming built-in shelving & seating.
The updated kitchen includes Shaker-style cabinets, newer hardware,
quartz countertops and stainless steel appliances. Both bedrooms
boast hardwood floors with views of the verdant backyard. The glass
enclosed sunporch - measuring approx 90 sq ft - is a wonderful
bonus space for a home office! The bathroom has period-style
finishes including black and white floor tile, a pedestal sink &
newer hardware. The spacious backyard is the ideal place for
gatherings! Fuchsia, roses and an amazing palm tree are just a few
other things to enjoy. Go produce shopping in your own backyard -
herbs and vegetables are plentiful. Welcome home!
Unit Size
1,068 Ft²
Days on Market
47 days
Land Size
0.12 acres
Price per sqft
$654
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #40788646)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2021 | No longer available | - | |
| No longer available | |||
| Apr 8, 2021 | Listed | $799,000 | |
| Listed | |||
| | |||
|
Regina Jacobs - 510-693-7973 - New Listing. This charming Lincoln Heights Bugalow has been thoughtfully updated and offers an all level floor plan. The living room begins with a built-in bookcase with bench seating and seamlessly flows into the cozy formal dining room. Adjoined is an updated kitchen with stainless appliances to support the chef’s culinary dreams. A convenient laundry room is tucked away on the other side of the kitchen. The hall bathroom is ideally located between the common living spaces and the bedrooms. The main level is completed by two spacious and private bedrooms with views of the beautiful verdant backyard. The first bedroom is large with sundrenched corner windows. The second bedroom opens to a classic sunroom that is perfect for a home office. The backyard is an urban oasis offering multiple experiences including a patio for entertaining, level lawn area for play and a deck. Just minutes to shops, restaurants, parks and transportation. The manager has listed the unit size as 1068 square feet.
| |||
| Aug 7, 2020 | No longer available | - | |
| No longer available | |||
| Jul 9, 2020 | Listed | $899,000 | |
| Listed | |||
| | |||
|
SARAH SCHISLER - 510-390-1330 - This lovely Lincoln Heights bungalow is beautifully renovated with charming architectural details throughout. The light-filled living room boasts period details including a fireplace, built-in shelving & bench seating. Enjoy the tastefully updated kitchen featuring shaker-style cabinets, quartz countertops, and stainless steel appliances. Each sun-filled bedroom overlooks the backyard oasis. The glass enclosed sunporch is a unique addition perfect for a home office or artist’s studio and encourages the indoor-outdoor lifestyle! The landscaped yard has new sod, a majestic palm tree, an outdoor dining area, a built-in BBQ making it an ideal spot for relaxing or entertaining. There is plenty of yard to inspire any urban farmer or outdoor enthusiast. Conveniently located! A short distance to Joaquin Miller Park and many fabulous hiking trails. Move-in ready! The manager has listed the unit size as 1068 square feet.
| |||
| Aug 25, 2017 | Sold | ||
| Sold | |||
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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
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About Lower Hills District
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Listed by: MARIA CAVALLO-MERRION, COMPASS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40788646
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40788646
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