$809,000
●
House -
Off Market
5549 FORBES DR
Newark, CA 94560
5 Beds
3 Baths
3,148 Ft²
$1,511,280
RealtyHop Estimate
89.38%
Since Nov 1, 2013
CA-San Francisco
Primary Model
About This Property
Bright open kitchen with plenty of granite countertops, separate
family room, gas burning fireplace, recessed lighting, 1 bed/full
bathroom downstairs ideal for in-laws and guests. Centrally wired
for TV, internet and surround sound. Relaxing back yard is perfect
for entertaining!
Unit Size
3,148 Ft²
Days on Market
39 days
Land Size
0.18 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2000
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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: 2 years ago (bridgeMLS/CCAR/Bay East AOR #40630515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Kyle Tran, RE Broker | $2,250,000 | |
| Listed by Kyle Tran, RE Broker | |||
| | |||
|
Welcome to your dream home! Discover this beautiful modern home 5BD/3BA on a spacious corner lot in a highly sought-after neighborhood. Featuring tasteful upgrades throughout, gourmet kitchen with quartz countertops, large island and stainless steel appliances. Open layout, airy & bright, gleaming wood flooring, central heating & cooling, built-in surround speakers, 1BD/1BA downstairs, large master suite w/big walk-in closet. Ideally situated in an excellent location, you'll enjoy easy access to freeways and the San Mateo Bridge, making commuting a breeze. Don't miss out on the opportunity to own this beautifully upgraded home in a prime location!
| |||
| Oct 15, 2013 | Sold | ||
| Sold | |||
| Sep 6, 2013 | Listed by Re/Max Accord | $798,000 | |
| Listed by Re/Max Accord | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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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HOA + Taxes
About Newark
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Listed by: Patrick Okubo, Re/Max Accord
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 40630515
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 40630515
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