2711 SHASTA RD
About This Property
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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 |
|---|---|---|---|
| Feb 15, 2019 | No longer available | - | |
| No longer available | |||
| Jan 29, 2019 | Listed | $1,149,000 | |
| Listed | |||
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KRISTA R MILLER - Cell: 510-612-5546 - Welcome to 2711 Shasta Road, an exceptional home tucked into a serene, tree-lined street in the heart of the Berkeley Hills. “The Tree House,” as the young sons of the current owners call it, was built in 1936 and showcases spectacular bay views, including the Golden Gate Bridge and Mt. Tam. Designed by Berkeley architect Katharine Gibbs Underhill this recently remodeled home boasts a compelling modern palette with classic, simple lines. With 4 bedrooms and 2 bathrooms, a library, serene backyard with hot tub, swing set, deck, and sweeping views of the bay, this home is sure to impress. Close to Cordonices Park and the Berkeley Rose Garden. The manager has listed the unit size as 2171 square feet.
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| Jun 9, 2014 | Sold | ||
| Sold | |||
| May 2, 2014 | Listed by THE GRUBB COMPANY | $799,000 | |
| Listed by THE GRUBB COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017