$680,000
●
House -
Off Market
5901 Balboa Dr
Oakland, CA 94611
2 Beds
1 Bath
1,081 Ft²
$756,929
RealtyHop Estimate
26.37%
Since Jul 1, 2019
CA-San Francisco
Primary Model
About This Property
Bring your creative abilities and go crazy! The property has been
gutted to the studs and is ready for a BIG makeover. The oversized
lot could be a terraced space with views of the bay. A great
neighborhood in Montclair needs a brand new home to make the
neighbors happy.
Unit Size
1,081 Ft²
Days on Market
41 days
Land Size
0.18 acres
Price per sqft
$554
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #40866417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2020 | No longer available | - | |
| No longer available | |||
| Aug 29, 2020 | Listed | $970,000 | |
| Listed | |||
| | |||
|
Amir Aliloupour - 925-876-0255 - Beautifully remodeled Mid-Century 2 bedroom, 2 bathroom home with a finished 2 car garage in a prime location of Montclair's most sought after neighborhood. This stunning and extensively remodeled home offers a chef style kitchen with quartz counter-tops, stainless steel appliances, double oven, a convertible island range hood, mounted above a 5 sealed burners gas cooktop perfect for family gathering and entertainment. Other improvements including new A/C & HVAC system, new energy efficient windows & doors,new engineering wood floors, new walls & floors, new plumbing & electrical system, new garage door & tankless water heather. Enjoy the backyard retreat in a cozy patio with easy access to a large upper deck while enjoying glimpse of the bay view. This rare to find single family home with a private driveway is conveniently located close to hiking trails, downtown Montclair, and an easy access to restaurants, shops & top rated schools. It is hard to list all the features. A must see! The manager has listed the unit size as 1081 square feet.
| |||
| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 18, 2019 | Listed by BHG HIGHLAND PARTNERS | $599,000 | |
| Listed by BHG HIGHLAND PARTNERS | |||
Property Highlights
Garage
Parking Available
Fireplace
With View
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
Price/ft²
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About North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MICHAEL STEPHENS, BHG HIGHLAND PARTNERS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40866417
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40866417
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