$2,125,000
●
House -
Off Market
3016 Arguello Drive
Burlingame, CA 94010
4 Beds
2 Baths,
1
Half Bath
2,330 Ft²
$2,655,672
RealtyHop Estimate
26.58%
Since May 1, 2019
CA-San Francisco
Primary Model
About This Property
Great opportunity awaits! Comfortable floorplan in mostly
original condition. Customize to your desire this spacious 4
bedrooms, 2 1/2 bath, den (can be 5th bdrm), living room, formal
dining and family room. Walk to Mills Canyon Park and
Cuernavaca Park. Excellent Burlingame Schools.
Centrally located for commuter to S.F. and Silicon Valley.
Unit Size
2,330 Ft²
Days on Market
27 days
Land Size
0.26 acres
Price per sqft
$900
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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. #ML81743485)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 12, 2020 | In contract | - | |
| In contract | |||
| Oct 30, 2020 | Relisted | $2,990,000 | |
| Relisted | |||
| Oct 21, 2020 | No longer available | - | |
| No longer available | |||
| Oct 14, 2020 | Listed | $2,990,000 | |
| Listed | |||
| | |||
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STUNNING REMODELED RESIDENCE WITH A STELLAR LOCATION This impeccable property is well situated on one of the best streets in the highly sought-after Mills Estates neighborhood. This remarkable home has new landscaping and expansive front and back lawn areas and promotes indoor/outdoor California living. Located minutes from downtown SF, the booming Bio-Tech Industry, San Francisco Airport and Silicon Valley. Burlingame offers an award-winning school district, robust downtown setting on Burlingame Ave, along with a mix of many shopping and dining options throughout this marvelous community. FEATURES: Gourmet Eat-In Kitchen * Brand New Appliances * Formal Living and Dining Rooms * Expansive Family Room with Fireplace * Four Bedrooms * Three Designer Bathrooms (Including Powder Room) * Spacious Office/Den * New Flooring Throughout * Dual Pane Windows * A Plethora of Natural Light * Ample Storage Space * Attached Garage with New Door * Verdant Landscaping * Fresh New Front and Back Lawn The manager has listed the unit size as 2330 square feet.
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mills Estates
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Listed by: Peggy Chau, Better Homes and Gardens Real Estate JFF
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81743485
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81743485
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