$1,150,000
●
House -
Off Market
6285 Bernhard Ave
Richmond, CA 94805
4 Beds
2 Baths
2,805 Ft²
$1,522,019
RealtyHop Estimate
32.35%
Since Jan 1, 2019
CA-San Francisco
Primary Model
About This Property
Rare offering of 6.7 acres abutting Wildcat Canyon in the East
Richmond Heights neighborhood of Richmond. Set back from the
street, affording total privacy is a former stable, built during
the 1950's era, that has been converted to a residence with the
original dramatic Douglas fir trusses left in place on the second
level. The nearly 2,800 sq. ft. residence has been configured as
two separate units each with its own entrance. Both the upper and
lower levels are in need of some restoration. Two contiguous
parcels run with the land, and .47 acres is zoned RH and the
remaining 6.23 acres is zoned parks and recreation. This is a
property that offers an opportunity for an artistic labor of love.
The serene setting, terraces, wooded paths, and level play areas
will motivate builders, thinkers, tinkers and crafters.
Plenty of off street parking on the level portion of land.
Unit Size
2,805 Ft²
Days on Market
21 days
Land Size
6.70 acres
Price per sqft
$410
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #40847693)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2018 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $1,150,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
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
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About East Richmond Heights
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Listed by: PATRICIA HOLM, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40847693
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40847693
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