$1,400,000
●
House -
Off Market
340 Berkeley Way
Santa Cruz, CA 95062
4 Beds
2 Baths,
1
Half Bath
1,900 Ft²
$1,921,623
RealtyHop Estimate
37.75%
Since Oct 1, 2017
CA-San Francisco
Primary Model
About This Property
Private, banana-belt setting on one of the Eastside's most
sought-after streets. Soulful 1930s craftsman-era bungalow
fully-renovated in 2011 w/green building award. Vintage charm
intelligently incorporated into an upcyled living environment.
Contemporary design, comfortable flow, luxury style, mindful
efficiency and custom upgrades throughout. Ground-floor
Master. Open Kitchen/Living w/high ceilings, cherry cabinets,
stainless appliances, recessed lighting, breakfast bar. Restored
fir floors & rehabbed original fir doors. Whole house audio,
Cat6 wiring, 400amp service, central vac, 10kw solar system,
radiant floor heat & forced air furnace. Great indoor/outdoor
living options. Nana Wall Door System opens onto expansive dining
deck w/pre-wired radiant heat, outdoor spa & firepit, Chicken
coop, raised planters, mature fruit trees, extra storage, vintage
workspace & xtra room for that future ADU. Great Mid Town walking
location. Easy on/off commute.
Unit Size
1,900 Ft²
Days on Market
9 days
Land Size
0.18 acres
Price per sqft
$734
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011
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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 (MLSListings Inc. #ML81677740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2017 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by Sereno | $1,395,000 | |
| Listed by Sereno | |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Eastside
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Listed by: Thomas Brezsny, Sereno
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML81677740
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ML81677740
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