$1,025,000
●
House -
Off Market
5720 Nottingham Dr
Oakland, CA 94611
3 Beds
2 Baths
1,794 Ft²
$1,224,233
RealtyHop Estimate
32.35%
Since Jan 1, 2019
CA-San Francisco
Primary Model
About This Property
Montclair is one of Oakland's favorite neighborhoods with its
"country in the city" vibe. It is anchored by the Village,
conveniences to the freeway, and some of Oakland's favorite grammar
schools. This particular property is an iconic example of the
Montclair Mid-Century modern retreat, removed enough from the urban
madness, yet utterly convenient to life's demands. The home is
situated on a large sunny site, with two off street parking spots,
a level entry, a main floor bedroom & bath, and a great view of the
bay & Mt. Tam from the living room. The bedroom on the main floor
features a private courtyard with planting beds and mature trees.
Downstairs are two rooms that can be used as bedrooms and an
additional bonus room as well as a remodeled bathroom. On the top
floor is yet another bonus room that would make an ideal home
office. The gentle downsloping site has a large, usable rear garden
with a level lawn great for play.
Unit Size
1,794 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$516
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928
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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 #40844886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Nov 2, 2018 | Listed by THE GRUBB COMPANY | $925,000 | |
| Listed by THE GRUBB COMPANY | |||
| Aug 11, 2015 | Sold | ||
| Sold | |||
| Jul 9, 2015 | Listed by COLDWELL BANKER RESIDENTIAL | $699,000 | |
| Listed by COLDWELL BANKER RESIDENTIAL | |||
| | |||
|
3++/2 Mid-Century Modern home. It’s RARE to find all these features in one Montclair home: level entry, lots of sun exposure, Bay views, usable yard off-street parking for two, just minutes from the Village. This lot is truly special. Come see all it has to offer you.
| |||
Property Highlights
Parking Available
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Listed On
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Sold On
Sold On
HOA + Taxes
About North Hills
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Listed by: JOHN COOPER, THE GRUBB COMPANY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40844886
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40844886
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