$850,000
●
House -
Off Market
2918 Modesto Ave
Oakland, CA 94619
2 Beds
1 Bath
1,151 Ft²
$3,924
Est. Monthly
About This Property
Extensively renovated Craftsman Bungalow in the heart of Maxwell
Park. Light-filled living room w/multi-pane bay window & elegant
original fireplace w/built-in cabinets, open floorplan w/formal
dining opening into gorgeous remodeled kitchen w/quartz countertop,
tile flooring & SS appliances. Two bedrooms with ample closet space
& updated bath w/new vanity & tile flooring. Kitchen leads to
sunroom w/slate flooring & laundry area w/view of the hills. Stairs
leading down to big backyard and a bonus room downstairs- good for
home office, music/art studio or yoga room. Adjacent basement for
storage and Detached garage and driveway. Other features: new paint
inside and out, refinished hardwood floors, new light fixtures and
more! Close to grocery shopping, Farmer Joes, La Farine Bakery,
restaurants & good coffee. Close to beautiful Northeastern/Mills
College and minutes away from AC Transit, 580 & 13 Freeways.
Maxwell Park has a strong sense of community and neighborhood
residents are happy to call it home.
Unit Size
1,151 Ft²
Days on Market
25 days
Land Size
0.09 acres
Price per sqft
$694
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
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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: 12 months ago (bridgeMLS/CCAR/Bay East AOR #41115815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Proxima Realty | $799,000 | |
| Listed by Proxima Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Central East Oakland
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Listed by: Kate Phillips, Proxima Realty
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 41115815
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 41115815
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