$2,250,000
●
House -
Off Market
2960 Monte Cresta Drive
Belmont, CA 94002
4 Beds
2 Baths,
1
Half Bath
2,270 Ft²
$2,663,774
RealtyHop Estimate
26.97%
Since Apr 1, 2019
CA-San Francisco
Primary Model
About This Property
Offering all-encompassing views of the bucolic Belmont canyons,
sunsets, pastoral Sugarloaf Mountain, the iconic San Francisco
skyline & level grass area. The main living area is updated with
modern influences-natural oak flooring & neutral tone color scheme,
soaring ceilings, & abundant natural light. The living room enjoys
panoramic views & the wood burning fireplace has a new custom
facade. Adjacent is a formal dining room that leads to the kitchen
recently updated with GE stainless appliances with microwave,
stovetop, refrigerator with French doors, and Bosch dishwasher.
Adjoining the eat-in nook, is a family room with built-in cabinetry
& a view deck. Also on this level is a small office and 1/2 bath.
The inverted layout exemplifies the views from main living space.
Downstairs are 4 bedrooms, including the Owners ensuite, a separate
laundry/utility room with full-sized stacked LGE washer and dryer.
A 200 SQFT bonus space below for workshop -NOT included in the
home's SQFT.
Unit Size
2,270 Ft²
Days on Market
38 days
Land Size
0.20 acres
Price per sqft
$924
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 (MLSListings Inc. #ML81738301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by RE/MAX Star Properties | $2,098,000 | |
| Listed by RE/MAX Star Properties | |||
Property Highlights
Garage
Parking Available
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cipriani
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Listed by: Christine Morgan, RE/MAX Star Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81738301
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81738301
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