6869 Simson St
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Mar 1, 2021 | Listed by The GRUBB Company | $699,000 | |
| Listed by The GRUBB Company | |||
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The stunning views of both downtown Oakland and the SF skyline never get old from this 1920’s traditional tenant occupied home in the convenient Millsmont neighborhood. Featuring 4 bedrooms and 2 baths, it's a fantastic candidate for a 1031 exchange! This single family home features sensibly laid out living space that opens to generous decks overlooking the twinkling lights in the distance. With proximity to the 580 freeway, Mills College, the Oakland Coliseum, and miles of hiking trails in the East Bay hills, this investment offers enduring appeal for both the renter and the savvy portfolio alike.
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| Jun 7, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by BHG RE RELIANCE PARTNERS | $679,900 | |
| Listed by BHG RE RELIANCE PARTNERS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017