$625,000
●
House -
Off Market
3770 Patterson Ave
Oakland, CA 94619
1 Bed
1 Bath
756 Ft²
$698,485
RealtyHop Estimate
39.98%
Since Jul 1, 2017
CA-San Francisco
Primary Model
About This Property
Enter the white picket fence to your garden cottage. Afternoon
light streams into the nice sized living room with large windows.
You have a spacious kitchen with a great warm feeling and skylight
to bring in the sun. The bedroom is off the private garden. The
surprise that awaits you is a large stylishly built studio plumbed
for a half bath- all with permits! When you sit in the back garden
it feels so serene with beautiful trees and plants. The nicely
landscaped side yard has a built in veggie bed. Your home is just a
few blocks up from the Laurel District where you have access to all
the amenities and commute options.
Unit Size
756 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$660
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
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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 #40781200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2021 | No longer available | - | |
| No longer available | |||
| Feb 25, 2021 | Listed | $749,000 | |
| Listed | |||
| | |||
|
ELIZABETH BEHRENS - 510-381-2014 - Welcome to this charming cottage with a modern ADU. With two full homes on one property, the main house is a beautifully remodeled one-bedroom, one bath with vintage charm but upgraded systems. Hardwood floors in spacious living room and bedroom. Generous eat-in kitchen and ample closet space. Natural light streams through skylight and new windows. The hidden gem in the private backyard is an impeccably designed, fully-permitted ADU with gourmet kitchen and separate laundry. Ingenious wall shelves double as a stairway for pet access to the loft with a view. Studio lives large as second residence or home office with its own gated entrance. Steps to the vibrant Laurel district, the sunny and private garden offers a sense of peace and quiet that makes this unique property an urban oasis. The manager has listed the unit size as 1150 square feet.
| |||
| Jun 2, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by The GRUBB Company | $499,000 | |
| Listed by The GRUBB Company | |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Lower Hills District
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Listed by: Elizabeth Behrens, The GRUBB Company
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40781200
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40781200
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