$1,178,000
●
House -
Off Market
493 Forest St
Oakland, CA 94618
3 Beds
2 Baths
1,400 Ft²
$1,011,383
RealtyHop Estimate
26.58%
Since May 1, 2019
CA-San Francisco
Primary Model
About This Property
Opportunity Awaits! This ultra-charming 3 bedroom, 2 bath Rockridge
Craftsman home is ready for a new owner to restore its former
glory. Inside, Craftsman details abound, including wood sash
windows with multi-lite detail, wainscoting, living room box beams,
built-in leaded glass china cabinets, and coved dining room
ceiling. A large back sunroom with floor-to-ceiling windows
provides indoor enjoyment of the yard and sliding door access to
the back deck. The cozy kitchen has a large picture window
with green views, vintage O'Keefe and Merritt range, and a French
door to access the deck. The lush, verdant yard includes
large patio terraces, a greenhouse, mature Camelia trees, blooming
fuchsias, and other mature plantings. This home is located just one
block from the Rockridge BART station, near popular College Avenue
for shopping and dining, & has easy nearby freeway access. Near
Chabot Elementary and Hardy Dog Park.
Unit Size
1,400 Ft²
Days on Market
22 days
Land Size
0.12 acres
Price per sqft
$571
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1911
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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 #40857370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed by COLDWELL BANKER RESIDENTIAL | $799,000 | |
| Listed by COLDWELL BANKER RESIDENTIAL | |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About North Oakland
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Listed by: VICKY FAULK, COLDWELL BANKER RESIDENTIAL
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40857370
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40857370
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