$903,000
●
House -
Off Market
4823 Shafter Ave
Oakland, CA 94609
2 Beds
2 Baths
1,324 Ft²
$1,188,405
RealtyHop Estimate
39.98%
Since Jul 1, 2017
CA-San Francisco
Primary Model
About This Property
This tucked away light-filled home is located in the very desirable
Temescal neighborhood, just a few blocks from the shops and
restaurants on Telegraph not far to MacArthur and Rockridge BART
stations. The upper level features high ceilings, original
woodwork, hardwood floors, an updated bathroom with classic
claw-foot tub, an office and laundry room. The modernized
kitchen has stainless steel appliances, butcher block counter tops
and newer cabinets. The lower level has brand new carpet and
a large storage/utility/laundry room, the master bedroom has a
modern bathroom with marble counter tops as well as french door
leading to a big back yard with planter and deck. If you're
looking for a quiet sanctuary in a vibrant neighborhood, this home
is for you.
Unit Size
1,324 Ft²
Days on Market
35 days
Land Size
0.06 acres
Price per sqft
$641
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921
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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: 5 months ago (bridgeMLS/CCAR/Bay East AOR #40779785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by COMPASS | $989,000 | |
| Listed by COMPASS | |||
 | |||
|
This spacious two-story 2bd/2ba bungalow features a big kitchen, several bonus spaces for office/workshop use, & a wonderfully private backyard! All just blocks to Temescal Alley, Telegraph shops/eateries, College Avenue amenities, & either Rockridge or MacArthur BART. Upstairs the tall ceilings & abundant natural light enhance the large living room, kitchen, & dining room that could easily be (and has been) used as an extra bedroom. The nook off the kitchen can serve as an office or tranquil reading area, and leads to the new Redwood deck overlooking the idyllic yard. Downstairs the en-suite master offers two closets & French doors to the garden. Another bedroom & the spacious laundry/storage room are also conveniently located on this level. This delightful home is tucked off the street in a friendly community of four adjacent homes/parcels that were subdivided years ago & which loosely form a very special urban oasis. Unique and fabulous and not to be missed!
| |||
| Jun 7, 2017 | Sold | ||
| Sold | |||
| May 3, 2017 | Listed by REDFIN | $849,000 | |
| Listed by REDFIN | |||
| Dec 16, 2014 | Sold | ||
| Sold | |||
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Property Highlights
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
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About North Oakland
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Listed by: TOM HENDERSHOT, REDFIN
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40779785
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40779785
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