Listed by: Tami Chiu, Coldwell Banker Realty
$1,350,000
●
House -
Off Market
71 Wakefield Avenue
Daly City, CA 94015
3 Beds
2 Baths
1,300 Ft²
$5,883
Est. Monthly
About This Property
Beautifully remodeled 3 bedroom, 2 bath home, with a spacious
primary suite, offering 1300 square feet of single-level living.
This home features all-new laminate wood flooring with new
baseboards throughout, a cozy wood-burning fireplace in the living
room, fresh paint inside and out, and modern finishes throughout.
The new kitchen is show stopper with sleek cabinetry, quartz
countertops, stylish backsplash, stainless steel appliances, and
recessed lighting. Both bathrooms have been completely updated with
contemporary tile, fixtures, and vanities, also with quartz
countertops. Additional upgrades include a new furnace, water
heater, electrical panel, mirrored closet doors, and light
fixtures. The lower level includes an oversized 2-car garage with
ample room for a potential in-law unit or bonus room, complete with
new garage doors and openers. Conveniently located near public
transportation, shopping, and dining, this home is ready to be
called yours! Welcome Home!
Unit Size
1,300 Ft²
Days on Market
14 days
Land Size
0.07 acres
Price per sqft
$922
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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 (CRMLS #ML81984006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Coldwell Banker Realty | $1,198,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Serramonte
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Listed by: Tami Chiu, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81984006
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81984006
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