$1,200,000
●
House -
Off Market
640 Brackman Lane
Martinez, CA 94553
4 Beds
3 Baths
2,074 Ft²
$5,691
Est. Monthly
About This Property
Welcome to beautiful Martinez - a historic waterfront town in the
heart of the East Bay! Built in 2000, this SENSATIONAL single-story
4-bedroom, 3-bath home features tall ceilings, an open-concept
layout, wood flooring throughout & abundant natural light from
expansive windows. The updated kitchen shines with stainless steel
appliances and modern fixtures, flowing seamlessly into the main
living areas. Renovated spa-inspired primary bathroom showcases
designer tile, dual vanities, double shower-heads, LED mirrors, and
a walk-in closet with custom California Closet systems. Situated on
a flat .38-acre corner lot, the property offers exceptional outdoor
space & flexibility. Brand-new perimeter fencing with gated side
access provides ideal potential for RV, boat, or additional
parking. The expansive backyard offers ample room for a pool/ADU,
the covered patio with recessed lighting and ceiling fan creates
the perfect setting for entertaining. Additional highlights
include: Solar lease, Brand-new HVAC system, manicured landscaping,
generous driveway parking! Ideally located w/convenient access
Highway 4, minutes to shopping, dining! Fantastic Schools!!! A
RARE, EXPANSIVE, SINGLE STORY! Your dream awaits you!
Unit Size
2,074 Ft²
Days on Market
20 days
Land Size
0.38 acres
Price per sqft
$559
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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: 8 months ago (bridgeMLS/CCAR/Bay East AOR #41124603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Christie's Intl RE Sereno | $1,159,000 | |
| Listed by Christie's Intl RE Sereno | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Martinez
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Listed by: Margie Morris, Christie's Intl RE Sereno
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 41124603
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 41124603
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