$683,500
●
House -
Off Market
2939 58th Ave
Oakland, CA 94605
2 Beds
1 Bath
1,155 Ft²
$766,437
RealtyHop Estimate
27.95%
Since Dec 1, 2019
CA-San Francisco
Primary Model
About This Property
Boasting modern updates, high ceilings, and impressive landscaping,
this residence has a cozy charm all its own. This 2 BR/1 Bath
bungalow on the edge of Maxwell Park has 1.5 stories due to its
fully furnished attic. The kitchen, dining room, and living
room are sun-drenched and design-forward, complete with modern
lighting and brand new laminate and tile flooring. A step
into the backyard reveals a landscaped sanctuary ready for your
personal touch. The home also includes a detached 1 car
garage and off-street parking. Complete with a stone walkway,
grassy area, concrete patio, and walled garden beds, this outdoor
space can thrive as is or be personalized to fit your unique
vision. Just blocks from Mills College and several schools,
2939 58th Avenue is an ideal option for college students, recent
graduates, or growing families. The bungalow is close to the
everyday conveniences on Bancroft Avenue, including several
markets, coffee shops, and restaurants.
Unit Size
1,155 Ft²
Days on Market
42 days
Land Size
0.09 acres
Price per sqft
$519
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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 #40883958)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by CLIMB REAL ESTATE GROUP | $599,000 | |
| Listed by CLIMB REAL ESTATE GROUP | |||
| Sep 8, 2019 | No longer available | - | |
| No longer available | |||
| Aug 8, 2019 | Listed | $695,000 | |
| Listed | |||
| | |||
|
Linda Zhong - 510-857-3988 - ENTIRE home REMODELED with City of Oakland permit! Unique 2 bed/1 bath 1,155 sq. ft. 4,000 sq. ft. lot in Mills Gardens a calm, neat neighborhood with lush hills nearby. Boasting newly-painted interior and exterior. Brand new wood laminate and tile flooring. New wide double-pane, UV-reflective windows and new LEDs. Big kitchen upgraded with new quartz countertops, cabinets and range, dishwasher, and range hood. Features spacious, elegant living room with high ceiling, arched doorways, and picture window plus a big standalone formal dining room. Two bright and comfortable bedrooms. Bathroom renovated with new cabinets, bathtub, sink, toilet. Wide backyard. Detached garage with convenient house access. Two abundant attic spaces. Other newly-upgraded features: central heating system, copper piping, drain pipes, water heater, subpanel, new doors, garage door. Public parks, groceries, and I-580 all located nearby. AC NL bus provides direct transport to SF. Open Sat/Sun (8/31, 9/1)1-4:00 The manager has listed the unit size as 1155 square feet.
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Property Highlights
Garage
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central East Oakland
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Listed by: KENNY TRUONG, CLIMB REAL ESTATE GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40883958
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40883958
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