$2,200,000
●
House -
Off Market
559 Alhambra Road
San Mateo, CA 94402
3 Beds
2 Baths
1,810 Ft²
$2,543,106
RealtyHop Estimate
39.35%
Since Sep 1, 2017
CA-San Francisco
Primary Model
About This Property
Desirable Westside Parrott Park home, just blocks to Downtown San
Mateo. Low maintenance front yard w/brick porch welcomes you to the
home. Striking entry with gleaming rich hardwood floors throughout.
Living room with a wall of windows, built-in glass shelving & focal
point fireplace with wood mantle. Spacious formal dining room
overlooks covered side patio & opens to the updated kitchen with
top of the line stainless steel appliances. Master suite w/ trey
ceiling, walk-in closet & en-suite bathroom providing a jetted tub.
2 additional large light & bright bedrooms share a remodeled hall
bathroom w/expansive quartz topped vanity & shower over tub.
Separate laundry room w/utility sink & dual closets connects
to the 2-car attached garage with ample storage space. A covered
side patio, relaxing rear yard w/deck & mature hydrangeas & roses
adds additional entertaining and alfresco dining space. OH Sat &
Sun 8th/9th 1.30-4pm. This home is ready to move in!
Unit Size
1,810 Ft²
Days on Market
32 days
Land Size
0.13 acres
Price per sqft
$1,008
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 (MLSListings Inc. #ML81668914)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2017 | Sold | ||
| Sold | |||
| Jul 7, 2017 | Listed by Compass | $1,825,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Northwest Heights
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Listed by: Jan 'Majeski' Maciejewski, Compass
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81668914
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81668914
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