$1,235,000
●
House -
Off Market
838 Talbot Ave
Albany, CA 94706
2 Beds
1 Bath,
1
Half Bath
1,039 Ft²
$1,092,876
RealtyHop Estimate
21.70%
Since Aug 1, 2020
CA-San Francisco
Primary Model
About This Property
Delightful 2+BR/1.5BA bungalow with a plethora of bonus spaces only
a few doors away from Solano Avenue! The main level features a
sunny living room and formal dining room with original built-ins
and refinished oak hardwood flooring. The spacious, eat-in kitchen
connects seamlessly to a large deck and the backyard for afternoon
cocktails or romping in the grass. The lower level offers an
additional 790 SF of flex space with a large family room, a
possible 3rd bedroom, laundry room and half bathroom. A detached
120 SF studio provides another option for a home office or
conversion to a possible ADU. The west facing backyard with winding
path is also suited for a garden and harvesting your grapefruit
tree. The property is conveniently located close to dining, coffee
and shopping on Solano Ave, while also providing numerous nearby
transit options such as AC Transit, BART and freeway.
Unit Size
1,039 Ft²
Days on Market
42 days
Land Size
0.09 acres
Price per sqft
$864
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
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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: 5 months ago (bridgeMLS/CCAR/Bay East AOR #40905398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by ZIP CODE EAST BAY | $898,000 | |
| Listed by ZIP CODE EAST BAY | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Albany
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Listed by: JOSHUA DICKINSON, ZIP CODE EAST BAY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40905398
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 40905398
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