$410,000
●
House -
Off Market
4770 Redding St
Oakland, CA 94619
2 Beds
2 Baths,
1
Half Bath
1,282 Ft²
$510,532
RealtyHop Estimate
27.95%
Since Dec 1, 2019
CA-San Francisco
Primary Model
About This Property
Open Sun 2-5PM. $70K Price Reduction! First time on market in over
30 years! The possibilities are endless with this cabin-like home
located on an enormous lot in Maxwell Park. Plenty of room to
expand to your heart's content, or just fix up to your liking. The
bright and airy living room and dining areas feature original
hardwood floors, a skylight, and a wood burning stove. Updates to
the spacious eat-in kitchen include Carrara marble countertops, a
porcelain farmhouse sink, refurbished Wedgewood stove, and a
stainless steel refrigerator. Two generous bedrooms with dual pane
windows and hardwood floors as well as an updated full bathroom
complete the first floor. Downstairs you'll find 2 additional bonus
rooms along with an additional bathroom. The sprawling backyard is
ideal for urban farming and even has an old chicken coop as well as
a small shed/workshop with 2 skylights. Conveniently located near
shopping, restaurants, and less than a mile from Highway 13 & 580.
Unit Size
1,282 Ft²
Days on Market
86 days
Land Size
0.15 acres
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #40878310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $399,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Central East Oakland
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Listed by: REMY WEINSTEIN, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40878310
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40878310
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