$900,000
●
House -
Off Market
519 Fairmount Ave
Oakland, CA 94611
4 Beds
1 Bath,
1
Half Bath
2,230 Ft²
$1,124,227
RealtyHop Estimate
40.70%
Since Jun 1, 2017
CA-San Francisco
Primary Model
About This Property
Great Location! First time on the market in 60 years! Restore this
Gem! Dual Pane windows,hardwood floors in need of TLC, Formal
dining room, large living room w/ fireplace, bonus room/office.;
large basement/ lots of storage. Large back yard w/ fruit trees.
Close to Piedmont ave shops and the lake
Unit Size
2,230 Ft²
Days on Market
98 days
Land Size
0.10 acres
Price per sqft
$358
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912
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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 #40769977)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by MCGUIRE REAL ESTATE | $1,295,000 | |
| Listed by MCGUIRE REAL ESTATE | |||
| | |||
|
This exquisite 1912 home features wonderful period details and has been completely renovated w/uncompromising quality. Expansive LR w/rich oak flrs, a lovely mantle above the tiled fireplace & wall to wall windows allowing in an abundance of natural light. The original boxed beam ceiling extends from DR into the beautifully designed kitchen, continuous w/the spacious laundry rm & opening through double French doors to a uniquely designed patio that feels like a private sanctuary, with gardens and barbecue. Escape up the grand staircase to 2BR, 1BA. Master bedroom features a custom 6 door closet that expands the entire wall. En-suite bath complete w/spacious double door custom-tiled marble walk in shower & double vanity sink. Office, exercise rm, 2 car garage & basement. walk to Piedmont Ave and enjoy some of East bay’s best bars & restaurants, grocery stores, local parks, wine & coffee shops. Close to BART, 30 min to SF & all the amenities that Lake Merritt & Grand Lake has to offer!
| |||
| May 19, 2017 | Sold | ||
| Sold | |||
| Feb 10, 2017 | Listed by BETTER HOMES REALTY/MCARTHR | $799,000 | |
| Listed by BETTER HOMES REALTY/MCARTHR | |||
Property Highlights
Garage
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About North Oakland
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Listed by: WILLIE GARNER, BETTER HOMES REALTY/MCARTHR
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40769977
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40769977
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