$1,300,000
●
House -
Off Market
547 59Th St
Oakland, CA 94609
2 Beds
1 Bath
1,307 Ft²
$1,135,512
RealtyHop Estimate
26.87%
Since Sep 1, 2018
CA-San Francisco
Primary Model
About This Property
Exceptional 2 plus BR Craftsman-style home in the vibrant Bushrod
neighborhood of Nth Oakland. Its 2 designer owners prioritized &
carefully thought-out design choices, maintaining this home's
period charm w/o sacrificing modern conveniences. The 2BRs & bonus
rm are off a long hallway giving them privacy from the light-filled
& open public spaces. With its garden views, the bonus rm makes an
ideal office or guest rm. In the formal LR, a cozy frpl & ample
windows make for an inviting space year-round. The lg & sunny frml
DR opens to the spacious kit. which connects to the rear garden.
The expansive, park-like yard offers endless possibilities. It's an
urban farmer's paradise with vast space to cultivate an edible
garden. Mins to Rockridge, MacArthur & Ashby BARTs, tech shuttles
and nearby foodie favorites. Bike score of 95 & Walk score of 84.
Unit Size
1,307 Ft²
Days on Market
34 days
Land Size
0.15 acres
Price per sqft
$685
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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: 5 months ago (bridgeMLS/CCAR/Bay East AOR #40830123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jul 13, 2018 | Listed by THE GRUBB CO. INC. | $895,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About North Oakland
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Listed by: KARTHIGA SATKUNANANDAN, THE GRUBB CO. INC.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40830123
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40830123
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