838 PROSPECT AVE
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | Listed by Compass | $1,299,000 | |
| Listed by Compass | |||
| | |||
|
Welcome to your dream home at 838 Prospect in Oakland's lovely Cleveland Heights neighborhood. This large, traditional home is beautiful from the street, and has a terrific porch by the front door to catch some sun, while reading a book! The property is well sited on a large 5100 sq ft. lot, offering ample space and tons of possibilities for outdoor fun and entertaining al fresco. With 1774 sq ft. of living space it features 3 substantial bedrooms, and 2 beautifully updated baths. There are gleaming hardwood floors throughout. The exquisite modern remodeled kitchen boasts modern amenities and tons of cabinets, and flows seamlessly into the designated dining room area. The open space continues with the living room coming off this area, bathed in natural light providing a warm and inviting atmosphere. Outside, a detached garage offers ample space for two cars and storage, as well as a bonus room above. This room could be used as an office, a studio, or even a guest suite- let your imagination figure out the best use for you! The property is conveniently located near the Lakeshore shopping district, and there are a variety of freeways both North and South nearby. Public transit is available within two blocks. This recently upgraded gem combines comfort and style.
| |||
| Mar 21, 2014 | Sold | ||
| Sold | |||
| Feb 18, 2014 | Listed by THE GRUBB COMPANY | $725,000 | |
| Listed by THE GRUBB COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017