$1,430,000
●
House -
Off Market
5840 Florence Ter
Oakland, CA 94611
3 Beds
3 Baths,
1
Half Bath
2,328 Ft²
$1,844,182
RealtyHop Estimate
27.18%
Since Jun 1, 2018
CA-San Francisco
Primary Model
About This Property
This magical Montclair retreat is hidden from the street,
surrounded by mature redwood and oak trees and reminiscent of a
story book home. The south facing gently sloped lot is truly one of
a kind. As you step out to the patio you experience the
extensive private oasis, frequented by deer and wildlife, and
exclusively for you, it truly feels like your own portion of a
regional park. Yet the location is close to everything
Montclair has to offer including award winning schools, easy
freeway access and a number of new and popular restaurants.
Under the garage is a sweet studio space with endless
possibilities. This home has been extensively updated
including systems and high quality finishes - you have to see it in
person to truly appreciate all that it is. If you've ever
wanted a vineyard, orchard or simply an expansive private pasture,
this is truly your rare opportunity, properties like this don't
come along often. Open Sunday!
Unit Size
2,328 Ft²
Days on Market
60 days
Land Size
0.36 acres
Price per sqft
$623
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #40815162)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 20, 2023 | Listed by The GRUBB Co., Inc. | $1,395,000 | |
| Listed by The GRUBB Co., Inc. | |||
| | |||
|
Vacant. Just go! See Confidential Remarks. The manager has listed the unit size as 2328 square feet.
| |||
| May 25, 2018 | Sold | ||
| Sold | |||
| Mar 26, 2018 | Listed by THE GRUBB COMPANY | $1,450,000 | |
| Listed by THE GRUBB COMPANY | |||
Property Highlights
Garage
Parking Available
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: AARON BROWN, THE GRUBB COMPANY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40815162
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40815162
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017