$589,000
●
House -
Off Market
320 40Th St
Richmond, CA 94805
2 Beds
1 Bath
956 Ft²
$2,839
Est. Monthly
About This Property
Exceptional 1941 cottage with abundant extra spaces. This home
rests on a sweet, large lot with a lovely garden and outdoor social
space. A classic cottage floor plan with an updated chef kitchen
and dining area that opens to the large deck overlooking the
private yard space. With classic style throughout, this house was
designed for an easy quality of life. In addition to the two
bedrooms, there is one stylishly upgraded full bath, and a garage
space that is being used as a mini media room with a loft office
space.* Located nearby is the vibrant and epicurean Richmond North
& East neighborhood. This home has easy access to much of the
resurgence of Richmond's pride and purpose. Just a few blocks away,
you'll find shopping at the Target Center – a bustling community of
commerce, the new gourmet area of interest: with El Agave Azul,
Tacos El Tucan, Catahoula Coffee, The Factory Bar, and Waffles and
Cream. Plus, convenient access to Nichol Park, Alvarado Park, and
Wildcat Canyon Regional Park. Come see why Richmond is unique and
ready to show you flavor and comfort. *Buyer to investigate.
Unit Size
956 Ft²
Days on Market
52 days
Land Size
0.11 acres
Price per sqft
$605
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 11 months ago (bridgeMLS/CCAR/Bay East AOR #41114387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Red Oak Realty | $578,000 | |
| Listed by Red Oak Realty | |||
Property Highlights
Garage
Fireplace
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 North and East
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jose Fernandez, Red Oak Realty
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 41114387
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 41114387
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017