$900,000
●
House -
Off Market
3239 Morcom Ave
Oakland, CA 94619
3 Beds
2 Baths
2,158 Ft²
$993,365
RealtyHop Estimate
24.33%
Since Mar 1, 2020
CA-San Francisco
Primary Model
About This Property
Come home to beautiful Maxwell Park. This tree lined 3 Bedroom 2
Bath abode awaits your company! The house features hardwood floors
and a large living room with a wood burning fireplace. The open
kitchen flows nicely into the dining area. The full height attic is
currently used for play space and storage. The finished downstairs
is the perfect space. It can be used as a 3rd bedroom, or
In-Law/Office/Studio w/separate entrance. There is an art room at
the rear of the beautifully landscaped backyard. The backyard is
perfect for entertaining guest, or serious gardeners. There is a 2
car garage. Close to shopping, dining, Mills College, BART, and
580/880. It won't last long!
Unit Size
2,158 Ft²
Days on Market
27 days
Land Size
0.12 acres
Price per sqft
$370
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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 #40892691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $799,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Central East Oakland
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Listed by: VINCENT MINELLI, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40892691
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40892691
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