$690,000
●
House -
Off Market
5626 Picardy Drive North
Oakland, CA 94605
2 Beds
1 Bath
1,150 Ft²
$925,123
RealtyHop Estimate
32.35%
Since Jan 1, 2019
CA-San Francisco
Primary Model
About This Property
An exciting opportunity to own a classic Tudor home in the Normandy
Gardens. Picardy Drive is one of the Bay Area's most famous
decorated blocks, "Christmas Tree Lane," where the residents get in
the holiday spirit and agree to light up their homes for the
holidays. Located between 55th Ave and Seminary Drive this great
active close knit community holds events for the residents
throughout the year. This Storybook 2 bedroom home has all the
1920's nostalgic charm yet is tastefully upgraded with newer
lighting and light fixtures and many new Anderson dual pane
windows. The charming entry has a unique classic fireplace nook
with high vaulted ceilings in the living room and original huge
picturesque front window for lots of natural light. An Open concept
Kitchen-Dining room has stone countertops and decorative glass
backsplash, Kitchen Aid appliances. The inviting backyard patio is
perfect for BBQ. There is still time to call this "Home" before the
holidays.
Unit Size
1,150 Ft²
Days on Market
50 days
Land Size
0.08 acres
Price per sqft
$608
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 #40843088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2021 | No longer available | - | |
| No longer available | |||
| Feb 4, 2021 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Single story Tudor BEAUTY located on Oakland's famous Christmas Tree Lane! Character & charm ooze from every nook and cranny of this special home! 1920's architecture blends seamlessly with thoughtful modern updates. Refinished hardwood floors throughout. Remodeled kitchen and bath. Vaulted ceiling with recessed lighting. Open concept kitchen with breakfast bar and dining area. Unique, showcase fireplace with built-in seating. Fresh and neutral interior paint chosen with the help of a color consultant. Large picture window in living room lets in plenty of natural light and perfectly frames the outdoor ambiance of this stunning neighborhood. Light and bright throughout, you just feel GOOD in this home. Detached garage and extra long paved driveway. Low maintenance and perfectly manicured backyard provides the ideal space for entertaining or just barbecuing with the family. A wonderful opportunity to own a truly unique home in a highly coveted neighborhood. Not to be missed! The manager has listed the unit size as 1150 square feet.
| |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by HD PROPERTIES | $699,000 | |
| Listed by HD PROPERTIES | |||
| May 31, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central East Oakland
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Listed by: SANDI GIANNINI, HD PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40843088
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40843088
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