$1,625,000
●
House -
Off Market
530 Gravatt Dr
Berkeley, CA 94705
4 Beds
3 Baths,
1
Half Bath
4,238 Ft²
$2,239,687
RealtyHop Estimate
35.82%
Since Nov 1, 2017
CA-San Francisco
Primary Model
About This Property
Stylish Mediterranean exemplifying today's designer finishes, large
south Bay views & great light. This 4+ bedroom, 3.5 bath home is
stylish & luxurious with soaring ceilings & spacious rooms. The
public rooms present an open floorplan with cozy spaces & powder
room for your guests. Elegant living room with French limestone gas
fireplace & side office or library. Spacious & light dining room
with balcony to capture the south Bay views. Elegant eat-in chef's
kitchen with family room. Luxurious master retreat marble bath,
large walk-in closet, balcony, French limestone mantle & gas
fireplace. Two other bedrooms share a bath & laundry closet. Bonus
room, bed & bath with indoor outdoor patio. Two-car attached
garage, gym or plus room & elevator. Perfect hills setting
splitting Berkeley & Oakland. Berkeley mailing, Oakland
taxes. Open Sunday 2-4:30.
Unit Size
4,238 Ft²
Days on Market
134 days
Land Size
0.25 acres
Price per sqft
$389
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009
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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 #40784582)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Increased |
$2,000,000
↑ $150K
(8.1%) | |
| Price Increased | |||
| Apr 30, 2025 | Listed by Kai Real Estate | $1,850,000 | |
| Listed by Kai Real Estate | |||
| | |||
|
NOW TRANSPARENTLY PRICED! (Buy it now!) Fantastic Claremont Hills Mediterranean w/ stunning South Bay, city & tranquil hills views! Soaring cathedral beamed ceilings & beautiful French limestone fireplace in the spacious living room. Main floor also includes formal dining room, family room & home office w/ access to the front patio. Excellent indoor-outdoor flow, perfect for entertaining and/or enjoying sunsets on the deck. The eat-in chef’s kitchen features a six-burner, two-oven Blue Star range, Sub Zero fridge, ample pantry space, exquisite tile work and quartz counters. Downstairs you will find the elegant primary suite with a second French limestone & Mediterranean tiled fireplace, spa bathroom w/ dreamy views, and a private balcony. Three additional bedrooms, 2 additional bathrooms, media room, laundry room & storage complete the lower floors. Two-car garage w/ internal access & an elevator connecting all floors create ease of movement. Den on garage fl. Multi-zone heat/air. The excellent location affords amazing views yet provides easy access to the Claremont Club and Spa, Domingo, Elmwood and Rockridge shops, restaurant & amenities as well as easy transportation options including highways, BART & TransBay buses. Resort living just minutes from the best East Bay offerings. Views: Downtown
| |||
| Oct 20, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Hills
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Listed by: MATTHEW HEAFEY, THE GRUBB COMPANY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40784582
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40784582
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