$500,000
●
House -
Off Market
2645 78th Ave
Oakland, CA 94605
2 Beds
1 Bath
864 Ft²
$544,456
RealtyHop Estimate
23.74%
Since May 1, 2020
CA-San Francisco
Primary Model
About This Property
Cute as a button and bursting with charm, this darling turnkey 2-BR
home can be all yours. Step through the cheery front door to find
glowing hardwood floors (not that cheap laminate you see everywhere
else), a living room with ample natural light, a fireplace, and
wall space for art. Nothing beats alluring touches of the
1940's: original doors and hardware, a white tiled bathroom, plus
an updated kitchen featuring a Wedgwood stove that runs like a
Buick! Va-va-voom! For those who like to tinker this gem has a HUGE
garage all set with a spacious workbench and shelving, tall
ceilings, water and power. Or use the space to create an AUD
(second unit, Check withCity of Oakland). Prefer an office?
Add a laptop and you're equipped to work at home. Abundant
citrus trees are blooming in the yard where a hammock awaits; you
can make organic lemonade in this quiet spot... we all could use
some!
Unit Size
864 Ft²
Days on Market
28 days
Land Size
80.08 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #40899852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by WINKLER REAL ESTATE GROUP | $440,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Elmhurst
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: HEIDI KEARSLEY, WINKLER REAL ESTATE GROUP
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40899852
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40899852
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