$575,000
●
House -
Off Market
2901 61St Ave
Oakland, CA 94605
2 Beds
2 Baths
1,053 Ft²
$756,521
RealtyHop Estimate
31.57%
Since Feb 1, 2019
CA-San Francisco
Primary Model
About This Property
Welcoming, charming craftsman! Near beautiful Mills College, bright
and airy home with great flow. Broad front porch ideal for lounging
while chatting up neighbors. Quintessential craftsman and updated
details: rich hardwood floors and tile work contrast freshly
painted bright walls; wide window moldings frame large double-paned
windows; brand new contemporary lighting complements living spaces;
built-in wood shelving and glass-door cabinetry with new art deco
knobs in the open living and dining rooms. A painted brick
fireplace for atmosphere! Generous kitchen with granite counters
and built-in bench for breakfast nook. Full laundry room. Bath with
vanity, new lighting, and a shower over tub-perfect for a soak.
Bonus space is a detached studio, versatile for many uses. Spacious
flat yard and patio for lively gatherings, barbecues, dining, play
and more! Near MacArthur for food and shops and I-580, Hwy. 13, and
casual carpool for easy commutes.
Unit Size
1,053 Ft²
Days on Market
84 days
Land Size
0.10 acres
Price per sqft
$546
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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 #40843919)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by COMPASS | $575,000 | |
| Listed by COMPASS | |||
Property Highlights
Parking Available
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
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Sold On
Sold On
HOA + Taxes
About Central East Oakland
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Listed by: KATY ANDERSON, COMPASS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40843919
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40843919
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