$1,750,000
●
House -
Off Market
494 Kentucky Ave
Berkeley, CA 94707
3 Beds
3 Baths
1,998 Ft²
$1,674,451
RealtyHop Estimate
29.00%
Since Mar 1, 2019
CA-San Francisco
Primary Model
About This Property
Open Sunday 2-4pm! Unparalleled panoramic views & refined interiors
welcome you home to 494 Kentucky Avenue! Ideal Berkeley Hills
location, this 3 bedroom, 3 bathroom refreshed mid-century home
offers generous living areas where expansive windows draw the eyes
to absolutely breathtaking vistas - San Francisco skyline, bay, and
our iconic bridges. The open floor plan offers a dream kitchen with
brand-new appliances, dining area, sunken living room with
fireplace that opens onto a spacious deck with a cool glass railing
for unimpeded views. Gleaming engineered Acacia hardwood flooring
throughout adds warmth as the contemporary tile and stone counters
bring elegance and practical sophistication to the kitchen and
spa-like bathrooms. Garage with interior access plus carport,
on-demand water heating, bonus areas, easy care lot with multiple
patio spaces, pergola, dedicated laundry room. Close proximity to
best of Berkeley: World class dining, shopping, parks, schools,
hiking and more!
Unit Size
1,998 Ft²
Days on Market
35 days
Land Size
0.13 acres
Price per sqft
$650
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #40850969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2019 | Listed by WINKLER REAL ESTATE GROUP | $1,298,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
| Apr 13, 2018 | Sold | ||
| Sold | |||
| Mar 20, 2018 | Listed by WINKLER REAL ESTATE GROUP | $710,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
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Fabulous Fixer! Stunning views of Bay Bridge, Golden Gate, Mt. Tam and beyond. Everything needs major rehab. 3 bedrooms (public record shows 2), 2.5 bath. Sunken living room features fireplace and floor to ceiling windows; formal DR includes built-in cabinet and more incredible vistas. Spacious, sunny kitchen with charming 40’s era cabinets and tile counters. Upper level has master bedroom w/ fireplace and expansive windows, and second bedroom has bay window. Upstairs utility room and half bath offer potential for space reconfiguration. Lower level incl. third bedroom w/ bathroom and large laundry area. Large corner lot incl. lemon trees, vintage wisteria, and a stately pine. Restore the terraced brickwork, outdoor fireplace and sink for al fresco dining. Single car garage plus carport. Close to pocket parks, Berkeley Path Wanderers' trails, and Arlington shops. Bring your vision, the house delivers the views!
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Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Berkeley Hills
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Listed by: WENDY GRAVES, WINKLER REAL ESTATE GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40850969
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40850969
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