$1,475,000
●
House -
Off Market
429 Michigan Ave
Berkeley, CA 94707
3 Beds
2 Baths
2,000 Ft²
$1,673,599
RealtyHop Estimate
26.31%
Since Jun 1, 2019
CA-San Francisco
Primary Model
About This Property
Located in one of Berkeley Hills favorite neighborhoods
w/incredible sweeping views of SF, GG and Mt. Tam, this gracious &
spacious light-filled 3br/2ba home is loaded w/classic charm &
absolutely lovely indoor/outdoor flow. Enjoy some of the best CA
living that the East Bay has to offer! Generously proportioned
rooms w/hdwd floors, fpl & French drs to easily access private
patio & yd. Updated & expanded bright eat-in kitchen & adjacent
laundry. An en suite br completes main level. Upper level for add'l
2 oversized bedrooms, full bath, enclosed sunroom & viewing deck.
Vintage tile baths. Int access garage w/bonus workroom & storage
too. Lovingly maintained too. Convenient to Solano Avenue,
Berkeley's Gourmet Ghetto, Kensington Village shops, Tilden
Regional Park, & SF direct bus/public transportation.Don't miss
Dorothy Bolte Park at Spruce St, w/kids play area & concrete slide.
Take Spruce to UC Berkeley as well. Come for the view! Stay for a
happy life in this special forever home.
Unit Size
2,000 Ft²
Days on Market
37 days
Land Size
0.12 acres
Price per sqft
$663
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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 #40862202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by BAY AREA PROPERTIES | $1,325,000 | |
| Listed by BAY AREA PROPERTIES | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Berkeley Hills
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Listed by: DIANA YONKOUSKI, BAY AREA PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40862202
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40862202
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