$1,970,000
●
House -
Off Market
705 Hillside Ave
Albany, CA 94706
5 Beds
5 Baths,
1
Half Bath
4,511 Ft²
$2,606,009
RealtyHop Estimate
30.63%
Since Dec 1, 2018
CA-San Francisco
Primary Model
About This Property
Enormous price reduction! Elegant, clean lines, picture window
halls, rooftop decks, the grandest living spaces, and sweeping
views! This magnificent five+ bedroom, five+ bath home flanks
Albany Hill Park, with landmark, "Catherine's Walk" just down the
road. Built in 2008 with high engineering standards. Luxurious,
expansive feel with high ceilings, balconies, wine storage and
more. The master suite has a spa-like bath, double shower, huge
walk-in closet, balcony and breathtaking bay views from every
window. Four additional bedrooms, three with their own full baths,
including a sweet back bedroom with French doors to a private
garden area. Bay views from living room, dining room and kitchen.
Gorgeous hardwood floors throughout, with staircases, cabinetry,
doors and trim accents in Brazilian cherry, mahogany and alder.
Media room connected to the kitchen and entertaining area.
Indoor/outdoor living with two rooftop decks plus balconies.
Oversized attached garage. Albany schools. Views: Downtown
Unit Size
4,511 Ft²
Days on Market
210 days
Land Size
0.14 acres
Price per sqft
$442
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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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 #40819907)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2018 | Sold | ||
| Sold | |||
| May 2, 2018 | Listed by MARVIN GARDENS EAST BAY | $1,995,000 | |
| Listed by MARVIN GARDENS EAST BAY | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Albany
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Listed by: DEVIN RATOOSH, MARVIN GARDENS EAST BAY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40819907
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40819907
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