$1,205,000
●
House -
Off Market
607 Madison St
Albany, CA 94706
4 Beds
2 Baths
2,048 Ft²
$1,300,396
RealtyHop Estimate
18.76%
Since Oct 1, 2020
CA-San Francisco
Primary Model
About This Property
This beautiful, remodeled home is ready for you! The charming
wisteria-covered front porch invites you to enter this light and
bright Craftsman-style home. Recently remodeled with tasteful
finishes, contemporary colors, and all the bells and whistles one
could want! The entry-level offers a fireplace in the living room.
The dining room is open to the fabulous kitchen with 6-burner
cooktop, stainless steel appliances, and stone countertops.
Gleaming wood floors throughout. Two bedrooms and a lovely
remodeled bathroom, have views to the Berkeley hills. The lower
level offers another complete living space! Spacious living room
with office nook, two bedrooms, one bath, the eat-in kitchen with
laundry closet, opens to a deck with access to the backyard. Near
Solano Avenue shopping and top-rated Albany Schools!
Unit Size
2,048 Ft²
Days on Market
47 days
Land Size
0.09 acres
Price per sqft
$535
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1918
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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 #40914668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by RED OAK REALTY | $1,095,000 | |
| Listed by RED OAK REALTY | |||
| Nov 21, 2013 | Sold | ||
| Sold | |||
| Sep 3, 2013 | Listed by MARVIN GARDENS EAST BAY | $699,000 | |
| Listed by MARVIN GARDENS EAST BAY | |||
| | |||
|
Levl-in entry, sunny Craftsman-style hm. spacious rms w/ lots beautiful windows & orig details. Fully finished basmnt w/ huge fam rm (2 lg closets), + 2bd/1ba & int./ext access (poss. in-law?). Slding dr thru deck to lg grassy levl bk yd. duble pane windos, butiful refinsh fls,& frsh paint int & ext
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Albany
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Listed by: DEVIN RATOOSH, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40914668
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40914668
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