$705,000
●
House -
Off Market
406 SEAVIEW Drive
El Cerrito, CA 94530
2 Beds
1 Bath
1,567 Ft²
$868,691
RealtyHop Estimate
24.28%
Since Jun 1, 2020
CA-San Francisco
Primary Model
About This Property
Enjoy the spectacular sea view panorama from the aptly named
Seaview Drive! On the market for the first time in 46 years, this
split-level charmer offers two bedrooms and a spacious bathroom
with both shower and bathtub. Downstairs, a sunny living room,
kitchen and dining room all have bay views and hardwood floors.
Take down walls for an open floor plan. Convert the large laundry
room into a second bathroom. Remodel the basement into a third
bedroom, an office or bonus space. (There's already a sink!) The
large multi-tiered yard features established citrus trees and
enough space for an ADU in a sunny tranquil setting. The attached
two-car garage provides ample parking and/or storage. Bring your
vision and contractor. The El Cerrito Plaza, BART, Trader Joe's,
great restaurants, a movie theater, two Farmer's Markets, shops,
parks, schools, and the freeway, are conveniently close. Creative
Renovation + Exceptional Location = Your Dream Home!
Unit Size
1,567 Ft²
Days on Market
68 days
Land Size
0.13 acres
Price per sqft
$446
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #40897828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by WINKLER REAL ESTATE GROUP | $699,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About El Cerrito
Similar Homes for Sale
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Listed by: KIRA HALPERN, WINKLER REAL ESTATE GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40897828
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40897828
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