$800,000
●
House -
Off Market
5514 Picardy Dr
Oakland, CA 94605
4 Beds
2 Baths
1,650 Ft²
$893,284
RealtyHop Estimate
27.79%
Since May 1, 2018
CA-San Francisco
Primary Model
About This Property
Live in your own "Modest Mansion" on Oakland's famed Christmas tree
lane, Picardy Drive. This Storybook Tudor is probably more than
everything you're looking for; 4bedrooms, 2bathrooms, wood floors,
laundry room, 1 car garage, plus central A/C and even a turret! As
one of the largest homes on the street, you'll find comfort in the
spacious living room w/barrel vaulted ceiling, fireplace, and huge
arched front window. The 1st floor is rounded out by a light and
bright dining room, breakfast nook w/built-ins, 1 of 4 bedrooms, a
full bath, large open kitchen, and laundry. Up a couple short
flights of stairs are 3 bedrooms, another full bath, and lots of
storage. The backyard is a maintenance free patio but could be
transformed into a grassy play area with a bit of imagination. Just
one visit to this historic and sought-after Normandy Gardens
neighborhood and you'll fall in love not only with the nostalgic
admiration of a bygone era but also a well-built house that will
quickly become home
Unit Size
1,650 Ft²
Days on Market
11 days
Land Size
0.07 acres
Price per sqft
$424
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: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40815087)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2018 | Sold | ||
| Sold | |||
| Mar 24, 2018 | Listed by REDFIN | $699,000 | |
| Listed by REDFIN | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Central East Oakland
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Listed by: SARAH MARCUS, REDFIN
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40815087
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40815087
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