$1,230,000
●
House -
Off Market
405 Balra Dr.
El Cerrito, CA 94530
2 Beds
2 Baths
2,072 Ft²
$1,041,168
RealtyHop Estimate
30.47%
Since Mar 1, 2018
CA-San Francisco
Primary Model
About This Property
Perfectly located! Generously updated and spacious, this 2++ Bed/ 2
Bath Mid-Century classic has been impeccably maintained.
Light-filled and breezy, the inside/outside flow is perfect for
play and entertaining. The snazzy eat-in kitchen looks out on the
front garden and hills. The rooms are all generously sized,
especially the living room (with fireplace) which opens onto a
"dining" deck and master bedroom. The lower rumpus room (another
fireplace!) and wet bar area have a separate entrance, perfect for
guests or additional living space. With gorgeous oak floors,
beautifully landscaped gardens and views of Mt. Tamalpais and SF
Bay, this is a home to love. The coveted Weston Village
neighborhood is peaceful and welcoming -- and only blocks to BART,
El Cerrito Plaza, Berkeley & Albany shops, restaurants and so much
more!
Unit Size
2,072 Ft²
Days on Market
16 days
Land Size
0.14 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 (bridgeMLS/CCAR/Bay East AOR #40808287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2018 | Sold | ||
| Sold | |||
| Jan 24, 2018 | Listed by THE GRUBB COMPANY | $798,000 | |
| Listed by THE GRUBB COMPANY | |||
Property Highlights
Fireplace
Garage
With View
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About El Cerrito
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Listed by: MICHAEL FRIEDMAN, THE GRUBB COMPANY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40808287
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40808287
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