$1,365,000
●
House -
Off Market
462 61st St
Oakland, CA 94609
2 Beds
2 Baths
1,557 Ft²
$1,485,838
RealtyHop Estimate
49.33%
Since Jul 1, 2016
CA-San Francisco
Primary Model
About This Property
Spacious Brown Shingle charmer features 2+ bedroom, 2 full
bathrooms, a den with fireplace and lg family room (easily
converted to a 3rd bedroom). Sunny updated kitchen with French
doors to level-out oasis garden. Walkscore 90!! Nearby Colby Park,
Peralta Elementary, La Farine, RR BART.
Unit Size
1,557 Ft²
Days on Market
29 days
Land Size
0.06 acres
Price per sqft
$639
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #40742130)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Jul 29, 2023 | In contract | - | |
| In contract | |||
| Jul 13, 2023 | Listed by Ascend Real Estate | $1,299,000 | |
| Listed by Ascend Real Estate | |||
| | |||
|
This 3 bedroom 2 bathroom Rockridge corner property was featured in the '95 Architectural issue as an example of tasteful renovation! Discover hardwood flooring, craftsman details, & an open floor plan w/distinction for residents to enjoy separate activities. Windows throughout create synergy between the bright greenery outside & an artful interior. From its custom wood cabinetry & Carrera marble counters to the Thermador star-burner gas stove, oven, dishwasher & Kobe exhaust fan, the twice-renovated kitchen inspires the inner chef. The outdoor deck & garden are surrounded by mature plant-life & hummingbird song. The space boasts custom fences by Jamie Vaida & an outdoor shower. A guest bedroom & full bathroom w/cast iron tub complete the 1st level. Upstairs, the primary bedroom offers a peek of the Berkeley Hills & a custom California Closet w/built-ins. The Jack & Jill bathroom has been redesigned w/a steam shower for 2 & Robern vanity w/brass inlay/faucet & a Carerra marble top. Another bedroom also w/its own California Closet completes the upper level. Addt'l details: 1st floor stacking washer/dryer & detached 1-car garage. Near Telegraph Ave/College Ave's restaurants, tennis courts/sports fields at Bushrod Park, playground at Colby Park, BART transit, 24 Freeway & markets. The manager has listed the unit size as 1557 square feet.
| |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| May 26, 2016 | Listed by RED OAK REALTY | $995,000 | |
| Listed by RED OAK REALTY | |||
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Listed by: MADELINE LILLEY, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40742130
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40742130
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