$1,175,000
●
House -
Off Market
433 Michigan Ave
Berkeley, CA 94707
3 Beds
1 Bath,
1
Half Bath
1,855 Ft²
$1,411,017
RealtyHop Estimate
20.09%
Since Sep 1, 2020
CA-San Francisco
Primary Model
About This Property
Welcome to 433 Michigan Avenue. A stately traditional-style home on
a tranquil street with stunning bay view! Formal entry leads
to the step-down living room with pretty fireplace, barrel vault
ceiling and large windows bringing in abundant natural light. Open
dining room and bright, refreshed kitchen opening to a sunny
balcony with filtered views. It's the perfect spot to enjoy morning
coffee or a glass of wine while watching the sunset. The
split-level up, offers three good-sized bedrooms and one updated
bath. There are beautiful hardwood floors throughout the entire
home. Downstairs you'll find a spacious basement rumpus room with
half bath, laundry, and plenty of storage. Bring your
imagination...there are many ways this space could be used! Sunny,
terraced backyard with mature trees, gravel patio area and plenty
of room to create your outdoor oasis. Great North Berkeley location
near parks, Kensington Village and Solano Avenue shops, and more!
Views: Downtown
Unit Size
1,855 Ft²
Days on Market
75 days
Land Size
0.12 acres
Price per sqft
$633
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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 #40906521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by RED OAK REALTY | $1,175,000 | |
| Listed by RED OAK REALTY | |||
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
Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Berkeley Hills
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Listed by: DEVIN RATOOSH, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40906521
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40906521
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