$2,050,000
●
House -
Off Market
577 9th Avenue
Menlo Park, CA 94025
4 Beds
3 Baths,
1
Half Bath
2,830 Ft²
$2,533,375
RealtyHop Estimate
26.99%
Since Aug 1, 2019
CA-San Francisco
Primary Model
About This Property
Welcome to this beautiful home in desirable North Fair Oaks.
Perfectly located on a tree-lined street, this home offers both
plentiful charm & classic appeal. Upon arrival, you are welcomed by
a lovely covered porch. Once inside, you will admire the freshly
painted interior, newly refinished hardwood floors & new carpet.
First level features spacious living room, formal dining room &
chef's kitchen/family room area. Kitchen has granite countertops,
stainless steel appliances, large pantry, breakfast bar & kitchen
seating area. Family room features fireplace & backyard access.
First floor also has very spacious bedroom suite. Three additional,
large bedrooms on second level. Master suite has walk-in closet &
bathroom with separate shower & bathtub. Front & back yards are low
maintenance, with the back yard featuring a wood deck & leafy tree.
Conveniently located near Facebook, downtown Menlo Park & Palo
Alto, Synapse School, Stanford, Highway 101 & numerous other
companies.
Unit Size
2,830 Ft²
Days on Market
66 days
Land Size
0.12 acres
Price per sqft
$705
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
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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: 9 months ago (MLSListings Inc. #ML81751501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2019 | Sold | ||
| Sold | |||
| May 11, 2019 | Listed by Coldwell Banker Realty | $1,995,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About North Fair Oaks
Similar Homes for Sale
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Listed by: Veronica Kogler, Coldwell Banker Realty
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81751501
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81751501
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