$1,330,000
●
House -
Off Market
5835 Virmar Ave
Oakland, CA 94618
2 Beds
2 Baths
1,246 Ft²
$1,739,867
RealtyHop Estimate
24.28%
Since Jun 1, 2020
CA-San Francisco
Primary Model
About This Property
3D tour at www.5835virmar.com. In a quiet street, yet only 3 blocks
from College Ave, sits this 1916 bungalow. The original fireplace
anchors the living room, adjacent to the wainscotted dining room
with built-in cabinetry. The eat-in kitchen has a timeless feel to
it and offers ample storage space. French doors from the
kitchen open into the beautiful backyard with mature landscaping.
The en-suite master bedroom offers generous closet space and a
tastefully designed bathroom. A second bedroom with a walk-in
closet and updated bathroom complete the house. The garage
offers additional space (could be used as a studio or office) and
there is also plenty of storage in the basement. The house was
remodeled to accommodate wheelchair access and there are no steps
to entry. Being a few blocks from College Ave cafes, restaurants,
stores etc. and with Rockridge BART station just 0.6 miles
away this is the perfect location for those commuting to SF or
wanting to live a car-free life.
Unit Size
1,246 Ft²
Days on Market
35 days
Land Size
0.10 acres
Price per sqft
$1,124
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1916
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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 (bridgeMLS/CCAR/Bay East AOR #40901626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2020 | Sold | ||
| Sold | |||
| Apr 15, 2020 | Listed by DISTRICT HOMES | $1,400,000 | |
| Listed by DISTRICT HOMES | |||
Property Highlights
Garage
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: ANNA BELLOMO, DISTRICT HOMES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40901626
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40901626
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