$1,225,000
●
House -
Off Market
3935 Norton Ave
Oakland, CA 94602
3 Beds
3 Baths
2,309 Ft²
$1,268,931
RealtyHop Estimate
28.43%
Since Jan 1, 2020
CA-San Francisco
Primary Model
About This Property
Random plank hardwood floors surround a Mid-century modern
fireplace. Your own rumpus room and wet bar with built-in record
player and stereo buoy your weekends or evenings after work. A deck
off the kitchen overlooking a mature stand of Eucalyptus along
Peralta Creek frames your morning coffee. A large grassy backyard
provides the perfect place for a BBQ and a game of cornhole.
Located in the heart of The Laurel, this spacious 3bed/3bath, 2,309
square foot (approx. per. public record) jewel is made for
entertaining, flexibility and indoor-outdoor living.The lower level
is built out with a separate entrance and full bathroom, offering
the possibility of an ADU, in-law or au pair. (Buyer to verify with
the city.) The Laurel commercial district is right around the
corner. Brunch at Sequoia Diner, do a little yoga at Anasa Yoga,
take a cool DIY class at Mischief. Commute options abound: Casual
carpool, Transbay bus and BART. Convenient access to Hwy 580 and 13
are all close.
Unit Size
2,309 Ft²
Days on Market
35 days
Land Size
0.22 acres
Price per sqft
$428
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #40887572)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by RED OAK REALTY | $988,000 | |
| Listed by RED OAK REALTY | |||
Property Highlights
Garage
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lower Hills District
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Listed by: KIM COLE, RED OAK REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40887572
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40887572
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