$1,030,000
●
House -
Off Market
5131 Mcdonell Ave
Oakland, CA 94619
2 Beds
1 Bath
1,274 Ft²
$935,882
RealtyHop Estimate
21.70%
Since Aug 1, 2020
CA-San Francisco
Primary Model
About This Property
Level up your work from home lifestyle with this midcentury modern
open concept home tucked away up a private road in secluded Leona
Heights. Gated and private, this 1,274 SF, 2 bed/1 bath home is
perched on a massive 22,884 SF lot with subdividing potential
(subject to buyer verification with City of Oakland.) Fresh
white walls and beam ceilings allow the surrounding nature views to
take center stage. A panel of sliding glass doors open onto the due
south deck overlooking the canyon. The front yard has ample outdoor
seating and features foxtail agave, yucca trees, and cactus, in
addition to an (cocktail?) herb garden. Access to McDonell trail,
which is part of the larger East Bay Parks trail system, is
literally right up the street. www.5131McDonell.com Video Tour:
https://vimeo.com/432722698
Unit Size
1,274 Ft²
Days on Market
28 days
Land Size
0.53 acres
Price per sqft
$604
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #40910121)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by COLDWELL BANKER RESIDENTIAL | $769,000 | |
| Listed by COLDWELL BANKER RESIDENTIAL | |||
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
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Hills
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Listed by: ANNIE TEGNER, COLDWELL BANKER RESIDENTIAL
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40910121
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40910121
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