255 3Rd St #208
About This Property
The manager has listed the unit size as 1256 square feet.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2025 | Price Decreased |
$465,000
↓ $30K
(6.1%) | |
| Price Decreased | |||
| Aug 5, 2025 | Price Decreased |
$495,000
↓ $54K
(9.8%) | |
| Price Decreased | |||
| Jun 20, 2025 | Listed | $549,000 | |
| Listed | |||
| | |||
|
Modern Industrial Loft Living in the Heart of Jack London Square Welcome to Tower Lofts—one of Oakland’s most iconic live/work buildings in vibrant Jack London Square. This bright, spacious loft features soaring ceilings, and floor-to-ceiling industrial windows. The open-concept layout is ideal for entertaining or creative work, with a newly updated kitchen boasting a waterfall peninsula island, quartz countertops, and new stainless steel stove and microwave. The living area opens to a large private balcony—perfect for morning coffee or evening wine. NEW REDUCED PRICE! The generous bathroom offers a dual sink vanity and tiled shower. Enjoy in-unit laundry and one assigned space in a secured garage. Exposed beams and flexible space make this ideal for a home office or studio. HOA dues include gas and electricity. Residents also enjoy a rooftop deck with skyline views and BBQ area. Located in a Walker’s Paradise (Walk Score 94), near BART, Amtrak, SF Ferry, dining, breweries & more. Easy freeway access, Bike Score 85, and just a 10-minute drive to the Bay Bridge.
| |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| May 12, 2019 | Price Decreased |
$619,000
↓ $30K
(4.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2025
|
1 Bed
|
1 Bath
|
1313 ft²
|
$629,000
1 Bed
1 Bath
1313 ft²
|
$640,000
+1.75%
03/28/2025
|
Toni Hanna
The Agency
| |
|
01/27/2025
|
1 Bed
|
1 Bath
|
1234 ft²
|
$433,000
1 Bed
1 Bath
1234 ft²
|
$398,000
-8.08%
08/14/2025
|
Ela Strong
Berkshire Hathaway Home Services
| |
|
10/18/2024
|
3 Bed
|
2 Bath
|
2775 ft²
|
$1,495,000
3 Bed
2 Bath
2775 ft²
|
$1,415,000
-5.35%
12/16/2024
|
Toni Hanna
The Agency
| |
|
07/30/2024
|
1 Bed
|
1 Bath
|
1769 ft²
|
$650,000
1 Bed
1 Bath
1769 ft²
|
$625,000
-3.85%
11/14/2024
|
Ary Assadi
Bay Area Modern Real Estate
| |
|
06/09/2022
|
1 Bed
|
1 Bath
|
1370 ft²
|
$679,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
Jennifer Bauer
The GRUBB Company
| |
|
01/14/2022
|
1 Bed
|
1 Bath
|
1378 ft²
|
$699,000
1 Bed
1 Bath
1378 ft²
|
-
-
|
Sarah Arnold
Keller Williams Realty
| |
|
07/09/2021
|
1 Bed
|
1 Bath
|
1370 ft²
|
$798,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
Kim Cole
Kim Cole Real Estate
| |
|
02/23/2021
|
1 Bed
|
1 Bath
|
1338 ft²
|
$679,000
1 Bed
1 Bath
1338 ft²
|
-
-
|
-
| |
|
09/30/2020
|
1 Bed
|
1 Bath
|
1370 ft²
|
$649,000
1 Bed
1 Bath
1370 ft²
|
-
-
|
-
| |
|
07/29/2020
|
1 Bed
|
1 Bath
|
1600 ft²
|
$899,000
1 Bed
1 Bath
1600 ft²
|
-
-
|
-
| |
|
10/18/2019
|
Studio
|
1 Bath
|
1378 ft²
|
$599,000
Studio
1 Bath
1378 ft²
|
-
-
|
-
| |
|
03/08/2019
|
1 Bed
|
1 Bath
|
1256 ft²
|
$649,000
1 Bed
1 Bath
1256 ft²
|
-
-
|
-
| |
|
11/07/2015
|
2 Bed
|
1 Bath
|
2068 ft²
|
$649,000
2 Bed
1 Bath
2068 ft²
|
$865,000
+33.28%
12/04/2015
|
Marilyn Garcia
THE GRUBB CO. INC.
| |
|
09/01/2014
|
1 Bed
|
1 Bath
|
1256 ft²
|
$475,000
1 Bed
1 Bath
1256 ft²
|
$480,000
+1.05%
10/16/2014
|
Jack McPhail
Compass
| |
|
01/07/2014
|
1 Bed
|
1 Bath
|
1165 ft²
|
$465,000
1 Bed
1 Bath
1165 ft²
|
$465,000
04/01/2014
|
Eunmi Patty Hyun
Compass
| |
|
10/24/2013
|
1 Bed
|
1 Bath
|
1234 ft²
|
$499,000
1 Bed
1 Bath
1234 ft²
|
$494,000
-1.00%
01/13/2014
|
Anna Bahnson
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017