$1,060,000
●
House -
Off Market
2871 Morcom Ave
Oakland, CA 94619
3 Beds
3 Baths
2,292 Ft²
$1,068,819
RealtyHop Estimate
18.76%
Since Oct 1, 2020
CA-San Francisco
Primary Model
About This Property
Gorgeous Maxwell Park contemporary you will love coming home to.
Elegant & light-filled living space w/wood-burning fireplace &
recessed lighting. Gleaming hardwood floors & fresh paint
throughout. Remodeled kitchen w/quartz counter-tops, stainless
steel appliances, farmhouse-style sink, shaker-style cabinetry &
open layout embracing sunny breakfast nook w/charming built-ins.
Formal dining rm for entertaining. Primary bedroom w/spa-like
en-suite bathroom +2nd bedroom & beautifully presented bathroom
upstairs. Spacious 3rd bedroom functioning as amazing rec rm
w/separate access & private bathroom downstairs. Front yard
w/drought-tolerant plantings. Backyard beautifully landscaped &
functioning as your own private paradise. Laurel District shopping
& dining. Near Mills College's swimming pool, gym & trails. By
I-580 & I-880.
Unit Size
2,292 Ft²
Days on Market
28 days
Land Size
0.11 acres
Price per sqft
$393
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40915371)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by BHG HIGHLAND PARTNERS | $900,000 | |
| Listed by BHG HIGHLAND PARTNERS | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Central East Oakland
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Listed by: SHELLY FLYNN, BHG HIGHLAND PARTNERS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40915371
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40915371
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