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2612 PIEDMONT AVE
About This Property
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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 |
|---|---|---|---|
| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2018 | Listed | $1,700,000 | |
| Listed | |||
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DANA S. COHEN - 510-813-0321 - Just blocks to UC Berkeley and College Avenue shops and restaurants is this light-filled brown shingle craftsman nestled on a tree-lined Elmwood street. With a walkscore of 74 & a bike score of 93, leave the car at home to explore all the activities nearby and then head home to relax in the expansive level yard or inviting front porch. This home enjoys charming nooks, fine finishes & generous built-ins. Sunny living room with decorative tile fireplace, bowed window & elegant coved ceiling. Grand dining room with built-in china cabinet & wainscoting, perfect to host an elaborate dinner party or family gathering. An updated kitchen opens to the breakfast room with double French doors to the rear deck. Adjacent family room with recessed lighting and generous windows bringing the outdoors in. 4 bdrms all on 2nd floor. The lower level features laundry facilities, storage & workshop. Close to regional parks, Claremont Hotel & Spa, AC Transit & BART. The manager has listed the unit size as 2363 square feet.
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| May 15, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2014 | Listed by THE GRUBB CO. INC. | $1,350,000 | |
| Listed by THE GRUBB CO. INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017