$700,000
●
House -
Off Market
7347 Manila Ave
El Cerrito, CA 94530
2 Beds
1 Bath
840 Ft²
$835,173
RealtyHop Estimate
28.69%
Since Nov 1, 2018
CA-San Francisco
Primary Model
About This Property
Nestled at the base of El Cerrito's Hillside Natural Area and
Memorial Park, this corner cutie will brighten your day. The bright
yellow door welcomes you into a southwest-facing living room that
provides peek-a-boo views of San Francisco. Improvements include
refinished hardwood floors, reglazed kitchen counters, stylishly
painted kitchen cabinets, fresh interior and exterior paint, and a
seismically retrofitted foundation. Watch sunsets from the porch or
hike up the hill for a spectacular panoramic view. The 2-car garage
with laundry provides room for storage, cars, a workbench, toys and
more. If you've been imagining growing a garden, The location is
just far enough away from busy city life, but close enough to
maintain all the important elements of your life. This home is
close to the El Cerrito Shopping Plaza and the El Cerrito del Norte
BART station, along with a casual carpool stop. Zoned for Madera
Elementary per WCCUSD website - interested parties to verify.
Unit Size
840 Ft²
Days on Market
27 days
Land Size
0.09 acres
Price per sqft
$773
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #40841123)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2018 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by RED OAK REALTY | $649,000 | |
| Listed by RED OAK REALTY | |||
Property Highlights
Fireplace
Garage
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 El Cerrito
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: DECLAN SPRING, RED OAK REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40841123
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40841123
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