Listed by: Willie Garner, Corcoran Icon Properties
$502,000
●
House -
Off Market
281 29Th St
Oakland, CA 94611
2 Beds
2 Baths
1,255 Ft²
$2,451
Est. Monthly
About This Property
This is it! $100K Price Reductions! Fixer/ Contractor Special
Short Sale alert; bring your creative ideas and restore this home
with so much potential. Welcome to 281 29th Street, Oakland,
CA. This 1, 255 square foot residence offers two spacious bedrooms
and two bathrooms. Located in a vibrant neighborhood, this
property provides comfort and convenience. The open floor plan
enhances the living space, creating an inviting atmosphere for
relaxation and entertainment. The kitchen features ample storage
and needs a complete makeover. The primary suite includes an
en-suite bathroom for added privacy with dual-paned windows and
custom shutters. There is also a basement for additional
storage. The backyard is perfect for entertaining, and
parking space in the rear yard area.(Access via Richmond Ave.
Proximity to local amenities, dining, and public
transportation ensures ease of living. This home is an excellent
opportunity for those seeking to add their personal touch to this
property in a desirable location. Contact us today to schedule a
viewing.
Unit Size
1,255 Ft²
Days on Market
122 days
Land Size
0.07 acres
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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: 2 years ago (CRMLS #41070843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $499,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 16, 2024 | Price Decreased |
$599,000
↓ $100K
(14.3%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Central Oakland
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Listed by: Willie Garner, Corcoran Icon Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41070843
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41070843
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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