5 Commodore Drive #213
About This Property
The manager has listed the unit size as 830 square feet.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed | $450,000 | |
| Listed | |||
| | |||
|
Enjoy a spacious condo with stone floor tiles and an eclectic design with wood flooring in the bedroom. The unit was totally remodeled and the layout was smartly adjusted to optimize the living space while keeping a personal touch. See by yourself how contemporary and sleek. Watergate is made for commuters, with a free BART shuttle and a casual carpool down the street to bring you to SF in only 20 minutes even during rush hours. The amenities abound, including 2 year round pools heated to 82 degrees, a spacious gym, 4 tennis courts and a racquetball court, sauna, hot tubs and much more are all nestled in 24 acres of lushly landscaped grounds. The rustic boardwalk wrapping the north side of the property offers great views.
| |||
| Dec 21, 2019 | No longer available | - | |
| No longer available | |||
| Nov 21, 2019 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Nov 10, 2019 | Relisted | $475,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/04/2024
|
2 Bed
|
1 Bath
|
949 ft²
|
$585,000
2 Bed
1 Bath
949 ft²
|
$560,000
-4.27%
02/09/2024
|
Tomaj Trenda
Decker Bullock Dreyfus, Inc.
| |
|
10/09/2019
|
1 Bed
|
1 Bath
|
830 ft²
|
$449,000
1 Bed
1 Bath
830 ft²
|
-
-
|
-
| |
|
07/19/2019
|
2 Bed
|
1 Bath
|
874 ft²
|
$555,000
2 Bed
1 Bath
874 ft²
|
$557,000
+0.36%
09/04/2019
|
Sandi Giannini
eXp Realty of Northern CA, Inc
| |
|
09/02/2017
| |
Studio
|
1 Bath
|
432 ft²
|
-
Studio
1 Bath
432 ft²
|
-
-
|
-
|
|
08/25/2017
|
Studio
|
1 Bath
|
432 ft²
|
$299,500
Studio
1 Bath
432 ft²
|
$335,100
+11.89%
10/20/2017
|
CLEMENT STEIN III
REALTY WORLD WATERFRONT
| |
|
02/26/2015
|
2 Bed
|
1 Bath
|
914 ft²
|
$399,000
2 Bed
1 Bath
914 ft²
|
$399,000
06/09/2015
|
Robin Leineke
REALTY WORLD WATERFRONT
| |
|
10/19/2014
|
1 Bed
|
1 Bath
|
710 ft²
|
$299,000
1 Bed
1 Bath
710 ft²
|
$299,000
11/27/2014
|
William Sievers
ALL EAST BAY PROPERTIES
|
Building Info
About Bayfront and Peninsula
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017