$1,225,000
●
House -
Off Market
585 62nd St
Oakland, CA 94609
3 Beds
2 Baths
1,365 Ft²
$1,260,151
RealtyHop Estimate
40.17%
Since Aug 1, 2017
CA-San Francisco
Primary Model
About This Property
Stunning Craftsman in North Oakland lovingly preserved and
conscientiously upgraded. The deep eaves frame a 'horseshoe' archway and rhythmic rows of rafter tails. Living and dining rooms
are flanked with Redwood turned columns, built-in benches,
wainscoting, box beam ceilings, pocket doors and intricately
bracketed plate rails. 3 bedrooms and 2baths; master suite which
opens to the back deck with hot-tub. A chefs kitchen has quarter
sawn oak cabinets, a myriad of thoughtful storage solutions,
stainless steel appliances & elegant inside cabinet lighting. Owned
solar panels and .06mi to Ashby BART! Lush and mature landscaping
that offer privacy and verdant views at
every turn.
Unit Size
1,365 Ft²
Days on Market
40 days
Land Size
0.09 acres
Price per sqft
$659
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912
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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 #40785446)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2017 | Sold | ||
| Sold | |||
| Jun 14, 2017 | Listed by COLDWELL BANKER REAL ESTATE | $899,000 | |
| Listed by COLDWELL BANKER REAL ESTATE | |||
Property Highlights
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 Oakland
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Listed by: LAURA ARECHIGA, COLDWELL BANKER REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40785446
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40785446
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