$2,200,000
●
House -
Off Market
476 Cheney Ave
Oakland, CA 94610
5 Beds
5 Baths,
2
Half Baths
5,208 Ft²
$2,463,033
RealtyHop Estimate
26.31%
Since Jun 1, 2019
CA-San Francisco
Primary Model
About This Property
Must-see iconic 5++ bedroom three-level home! Grand Lake Theatre,
shopping, restaurants, weekly farmers' market, Transbay buses, and
casual carpool all right outside your door. Expansive renovated
chef's kitchen, stunning formal dining room, living room with
fireplace and bar, as well as guest room/movie room on the main
level. Two bedrooms and master suite on the second level, including
a double steam shower and sunken tub with jets in the master bath.
Third floor has private, light-filled bedroom with views & half
bath. Beautiful finished basement with separate entrance includes
kitchen, living room, two bathrooms and three additional rooms.
Three-car garage with a private studio attached as well as an
outdoor patio deck atop. Home features hardwood floors, high
ceilings throughout, dual zone air conditioning, and smart features
such as Nest thermostats and Sonos sound throughout. Views:
Downtown
Unit Size
5,208 Ft²
Days on Market
55 days
Land Size
0.13 acres
Price per sqft
$374
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912
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Cap Rate Calculator
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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 #40856053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2020 | No longer available | - | |
| No longer available | |||
| Sep 20, 2020 | Listed | $1,950,000 | |
| Listed | |||
| | |||
|
Diane Dwyer - 925-997-7555 - "Grand" doesn't do this home justice. Step inside to find a spectacularly remodeled 1912 masterpiece that blends old world character with modern amenities galore. The main home has 4 bedrooms, a separate office, two full bathrooms/2 half baths, living room, dining room and family room. The chef's kitchen includes professional grade Viking freezer, refrigerator and full-sized wine cooler along with Thermador ovens, stove, warmer and dishwasher. The master suite includes a spa-like bathroom with two-person jetted tub and steam shower. If that isn't enough, there's also private-entry 2bd/2ba guest suite with full kitchen, plus a separate gym with half bath, a 3 car garage and an approx 1,000sf roof-top deck. Plus, there's solar! Close to all that Grand Lake has to offer including shopping and dining. This is the perfect place to shelter-in-place! The manager has listed the unit size as 5208 square feet.
| |||
| May 2, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by THE GRUBB CO. INC. | $1,950,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Garage
Parking Available
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
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Lower Hills District
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Listed by: CARRIE MCALISTER, THE GRUBB CO. INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40856053
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40856053
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