$1,600,000
●
House -
Off Market
721 The Alameda
Berkeley, CA 94707
3 Beds
3 Baths
2,051 Ft²
$1,835,385
RealtyHop Estimate
31.57%
Since Feb 1, 2019
CA-San Francisco
Primary Model
About This Property
Absolutely fabulous roomy & bright Mid-Century Jewel on >10k
sqft private lot with gorgeous mature landscaping. Indoor-outdoor
living under the canopy of some of the stunning oaks that give this
highly desirable Thousand Oaks neighborhood it's name. Enjoy
morning coffee on the large stone patio accompanied by birdsong &
the peaceful whisper of a trickling waterfall, next to the outdoor
kitchen. The master bedroom has abundant closet space + dressing
room, & direct access to the lovely patio/garden. This home has
undergone a subtle & tasteful polishing - ready for your most
discerning buyers. Glistening refinished hardwood floors, updated
kitchen with Bertazzoni range, solid countertops, pantry. Dual
paned windows & doors. Peek of the bay & SF lights from the living
room. Large lower level offers possible ADU, in-law unit or
workroom with it's own full bath and separate entry. Oversized 2
car garage = even more expansion possibility. A few short blocks to
Solano Ave shops & restaurants.
Unit Size
2,051 Ft²
Days on Market
54 days
Land Size
0.24 acres
Price per sqft
$680
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #40845772)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2019 | Sold | ||
| Sold | |||
| Nov 9, 2018 | Listed by RED OAK REALTY | $1,395,000 | |
| Listed by RED OAK REALTY | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Thousand Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: TERRI WHITE, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40845772
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40845772
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