$390,000
●
House -
Off Market
3712 Patterson Ave
Oakland, CA 94619
1 Bed
1 Bath
540 Ft²
$622,592
RealtyHop Estimate
45.13%
Since Mar 1, 2017
CA-San Francisco
Primary Model
About This Property
This well-lit house is perfect for 1st time home buyers or
investors, with freshly painted interiors, new carpet, new stove
etc. Good size lot for expansion! Centrally located in the
desirable Laurel district, steps from shops, restaurants & banks
etc. Only 20 mins from S.F.
Unit Size
540 Ft²
Days on Market
103 days
Land Size
0.06 acres
Price per sqft
$794
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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 (bridgeMLS/CCAR/Bay East AOR #40763367)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Listed by Real Estate Source Inc. | $631,000 | |
| Listed by Real Estate Source Inc. | |||
| | |||
|
Charmingly restored, sunny, 2/1 Cottage with a breakfast nook and an expansive and versatile garage (for ADU, office, workshop, mancave, studio etc), plus a spacious, custom built shed surrounded by a prolific mini Oasis/Orchard with 7 fruit trees and a large deck or platform suitable for projects or staging plays. Completely rewired, upgraded electricals with 200Amps from PG&E, newer fence, insolated attic, newer D/P windows, tankless W/H, copper plumbing, S/L compliant. Located in the much loved Redwood Hts area. Just a short distance from Planet Fitness, Kids-n-Dance, Degree’s Plato, The Tap Room, Cafe Santana and the popular SF/TransBay Express Line.
| |||
| Feb 19, 2017 | Sold | ||
| Sold | |||
| Nov 8, 2016 | Listed by MCGUIRE REAL ESTATE | $429,000 | |
| Listed by MCGUIRE REAL ESTATE | |||
Property Highlights
Garage
Parking Available
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
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Closing Price
Sold On
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HOA + Taxes
About Lower Hills District
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Listed by: HELEN KWONG, MCGUIRE REAL ESTATE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40763367
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40763367
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