$800,000
●
House -
Off Market
557 Norvell St
El Cerrito, CA 94530
2 Beds
1 Bath
1,055 Ft²
$950,278
RealtyHop Estimate
26.87%
Since Sep 1, 2018
CA-San Francisco
Primary Model
About This Property
Bright, light and fully updated! Set on a corner lot in the heart
of El Cerrito, 557 Norvell offers you an incredible location w/ a
walk-score of 75, blocks to the EC plaza, BART, restaurants, shops,
EC natural grocery, Rialto Cerrito theater, Elevation 66 brewery
and so much more. Features include a spacious living room w/ a
built-in book shelf and fireplace that has unique decorative
accents. A formal dining room with French doors that open to an
enclosed patio perfect to enjoy your morning coffee, or evening
meal. Norvell offers you a beautifully updated kitchen w/ unique
custom granite counters, stainless appliances, an abundance of
cabinetry including large pantries and a breakfast nook overlooking
the spacious yard perfect for play or relaxation. Gorgeous bamboo
flooring throughout, 2 spacious bedrooms, 1 updated bathroom w/
wonderful tilework and details, a detached garage that could
perhaps be expanded to a casita or artist studio and so much more!
Unit Size
1,055 Ft²
Days on Market
35 days
Land Size
0.08 acres
Price per sqft
$710
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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 #40829427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Jul 10, 2018 | Listed by RED OAK REALTY | $749,000 | |
| Listed by RED OAK REALTY | |||
| Jul 14, 2017 | Sold | ||
| Sold | |||
| Apr 18, 2017 | Listed by JEANS REALTY | $725,000 | |
| Listed by JEANS REALTY | |||
| | |||
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Great Location for this Light & Bright remodeled home on a corner lot. Beautiful kitchen w/ granite counters & stainless appliances. Breakfast nook has great pantry cabinets. Gorgeous bamboo floors. Updated bathroom, with spa like shower fixture! Filtered water in Kitchen & Bathroom! Sit outside on your front or side porch & front or rear yard. Dining Rm French doors open out to the side porch. New washer & dryer, Large detached garage w/ second refrigerator. Who needs a car.. Walk, minutes to BART, Bus, High School, shopping at EC Plaza.
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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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ft²
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About El Cerrito
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Listed by: NEGAR SOUZA, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40829427
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40829427
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