353 Lester Ave
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | Listed by Vanguard Properties | $998,000 | |
| Listed by Vanguard Properties | |||
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Experience Oakland luxury just two blocks from stunning Lake Merritt. This magnificent two-story Arts & Crafts home harmoniously blends historic charm with modern convenience. From the moment you arrive at the welcoming front porch and into the classic entry hall, you'll appreciate the distinctive craftsmanship: handcrafted woodwork, gleaming hardwood floors, rich built-ins and natural light throughout. Entertain in style within the elegant living room and formal dining room, complete with cozy window seats and a charming fireplace. The renovated, huge eat-in kitchen features modern appliances while maintaining period character, with a glass door opening to a private oasis. The meticulously landscaped yard offers winding brick pathways, patio spaces for outdoor entertaining, and a versatile detached cottage perfect for a home office or guest accommodations. Upstairs, three generous bedrooms each boast walk-in closets, while two luxuriously updated bathrooms showcase premium Restoration Hardware finishes. Practical amenities include ample parking in the deep, gated driveway. Located minutes from BART, the famous Grand/Lakeshore Farmers Market, and all the dining and shopping the neighborhood offers, this Oakland gem delivers sophisticated living with modern functionality.
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| Sep 26, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by ABIO PROPERTIES | $949,000 | |
| Listed by ABIO PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017