$815,000
●
House -
Off Market
650 Fairmount Ave
Oakland, CA 94611
2 Beds
1 Bath
1,130 Ft²
$3,914
Est. Monthly
About This Property
Location, Convenience, Lifestyle. Welcome to 650 Fairmont Avenue -
a stylish 1920s Art Deco bungalow nestled in Oakland's coveted
Piedmont Avenue neighborhood. Built in 1922, the 2-bedroom,
1-bathroom home consists of approximately 1130 sqft and features a
formal living and dining room and large bedrooms, all amid wood
floors. Thoughtfully designed features include picture rails,
skylights, an inviting eat-in kitchen, a deck perfect for entering
or enjoying a coffee, the bonus of a full basement with laundry,
and a 1-car garage. Unbeatable location. Just minutes from Piedmont
and Grand Avenues, you are surrounded by an eclectic mix of cafes,
restaurants, markets, boutiques, and neighborhood gems. Whether you
are heading out for brunch, drinks, or a quick grocery
run-everything is right at your doorstep. 650 Fairmont is more than
a home, it is a lifestyle. Make 650 Fairmount home.
Unit Size
1,130 Ft²
Days on Market
98 days
Land Size
0.05 acres
Price per sqft
$705
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
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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: 2 years ago (bridgeMLS/CCAR/Bay East AOR #41091763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Cerda-Zein Real Estate | $797,000 | |
| Listed by Cerda-Zein Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About North Oakland
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Listed by: Jose Cerda-Zein, Cerda-Zein Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41091763
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41091763
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