$1,075,000
●
House -
Off Market
685 Colusa Ave
Berkeley, CA 94707
3 Beds
1 Bath
1,435 Ft²
$1,211,845
RealtyHop Estimate
26.37%
Since Jul 1, 2019
CA-San Francisco
Primary Model
About This Property
Craftsman Bungalow with preserved original details & remod. kitchen
in the heart of 1000 Oaks. Walk to Solano Ave shops & restaurants,
the Sunday Farmers' Market at Kensington Circle, parks and
playgrounds, 1000 Oaks Elementary. Transbay Bus (Line G: El Cerrito
BART to San Francisco) stops across the street! Tilden Park,
Berkeley Marina, Monterey Market & UC are within a few minutes'
drive. LR w/fireplace. Formal DR w/original built-in glass door
cabinets. 2 generous size bedrooms, one with a walk-in closet,
another w/fireplace.3rd smaller inner bedroom (nursery or study)
with walk-in closet. Remodeled Cherry/Granite kitchen with laundry
hook-ups.Spacious breakfast area with large pantry.
Kitchen/Breakfast-new vinyl laminate plank water resistant
floor.Murphy closet with a window (future 2nd bath?).16 recent
2-paned windows.Back porch off the kitchen leading to back
yard & brick patios.Front landscape with drip irrigation & drought
resistant plants.1 car detached garage & long d/way.
Unit Size
1,435 Ft²
Days on Market
45 days
Land Size
0.12 acres
Price per sqft
$668
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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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 #40862130)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by ELENA STONE, R.E. BROKER | $959,000 | |
| Listed by ELENA STONE, R.E. BROKER | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Thousand Oaks
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Listed by: ELENA STONE, ELENA STONE, R.E. BROKER
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40862130
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40862130
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