$1,400,000
●
House -
Off Market
459 59th Street
Oakland, CA 94609
3 Beds
2 Baths
1,432 Ft²
$1,262,385
RealtyHop Estimate
26.87%
Since Sep 1, 2018
CA-San Francisco
Primary Model
About This Property
Welcome to this lovely Rockridge bungalow with in-law unit!
Large windows let in light while the stone gas fireplace
grounds the living room. The open floor plan extends into the
dining room where the light continues to flow in through wood
casement windows. The kitchen, with its fun and cheerful design, is
a natural gathering place and flows easily to the backyard.
There are 3 bedrooms and 1 bath on this level, as well as a
laundry room/office with wrap around windows overlooking the
gorgeous backyard. The foundation was replaced in 2003, a fabulous
upgrade. But wait, there is more! Head down the interior stairs (or
enter at street - level in) to a non-conforming in-law space. Full
bedroom, bath and kitchenette make this ideal for so many
configurations. Out back find mature fruit trees and space
for dining or playing Only 0.5 miles to the Rockridge BART Station
and all the wonderful stores and restaurants the district has to
offer, this location is as good as it gets.
Unit Size
1,432 Ft²
Days on Market
35 days
Land Size
0.08 acres
Price per sqft
$695
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910
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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 #40830684)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Jul 18, 2018 | Listed by DISTRICT HOMES | $995,000 | |
| Listed by DISTRICT HOMES | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About North Oakland
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Listed by: ANNA BELLOMO, DISTRICT HOMES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40830684
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40830684
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