$1,650,000
●
House -
Off Market
672 Cragmont Ave
Berkeley, CA 94708
3 Beds
3 Baths,
1
Half Bath
2,607 Ft²
$1,929,811
RealtyHop Estimate
18.76%
Since Oct 1, 2020
CA-San Francisco
Primary Model
About This Property
Welcome to your alcazar in the Berkeley Hills. An elegant house
with classic period details. This well-upgraded 3++ bedroom,
3-½ bath home has space for many needs. The living room features
random plank hardwood floors, a vaulted wood plank ceiling &
amazing views of bridges, SF & the Bay. The dining room opens on to
the large deck which is perfect for entertaining or quiet
reflection. The kitchen was custom designed by Fu-Tung Cheng. There
is a ½ bath and bedroom on the main level. The owners suite, that
is situated to enjoy the amazing Bay views, features a vaulted
ceiling, custom built-in cabinets, closet with tons of storage
space and a modern en suite bathroom. The second upstairs bedroom
adjoins the torreta, or tower room, that features leaded glass
windows & has a magical feel. Downstairs features a large bonus
space*, kitchenette, full bathroom & additional bonus space* off
the garage. *Buyer to verify with city. // The home furnishings are
computer generated.
Unit Size
2,607 Ft²
Days on Market
48 days
Land Size
0.10 acres
Price per sqft
$623
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1931
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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 #40913414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by RED OAK REALTY | $1,625,000 | |
| Listed by RED OAK REALTY | |||
| Aug 16, 2013 | Sold | ||
| Sold | |||
| Jun 26, 2013 | Listed by NORTHBRAE PROPERTIES | $1,050,000 | |
| Listed by NORTHBRAE PROPERTIES | |||
| | |||
|
Open Sun.7/21 2-4: 4BD/3.5BA home with stunning City/GG views in a coveted N. Berkeley neighborhood! Fabulous kitchen designed by Fu-Tung Cheng. Large living room with wonderful Mediterranean fireplace, spacious FDR, beautiful mstr. ste. retreat & delightful period details. Lower BR has sep. ent.
| |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Berkeley Hills
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Listed by: Jose Fernandez, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40913414
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40913414
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