$1,900,000
●
House -
Off Market
850 Paramount Rd
Oakland, CA 94610
3 Beds
2 Baths,
1
Half Bath
2,581 Ft²
$2,016,314
RealtyHop Estimate
28.02%
Since Nov 1, 2019
CA-San Francisco
Primary Model
About This Property
Tucked in Crocker Highlands, Paramount Road comprises one select
block of esteemed architecture. Number 850 is well placed along the
arc of Paramount's bulbous turning circle, and its property, is
backed by a green belt. In a welcoming layout that flows ideally,
majestic public rooms include a family room, while three bedrooms
and two full bathrooms, including a master suite, span the second
floor. French doors from living and family rooms to the brick-laced
enclosure make it more than an alluring first impression, also a
glorious-for-entertaining outdoor room. In the living room, a
wood-plank-and-beam cathedral ceiling adds high drama. Built-in
library shelves grace the family room, which opens outdoors front
and back. The dine-in kitchen shimmers with new surfaces
corresponding to the home's character: gray-veined marble counters,
subway-tile backsplashes and a Thermador gas range and Sub-Zero
refrigerator. The master suite, endowed with three closets, opens
to a private deck.
Unit Size
2,581 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$610
Property Type
House
Property Taxes
-
HOA Dues
$16
Year Built
1939
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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 #40882214)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 13, 2019 | Listed by SOTHEBY'S INTERNATIONAL REALTY INC | $1,575,000 | |
| Listed by SOTHEBY'S INTERNATIONAL REALTY INC | |||
Property Highlights
Fireplace
Garage
Parking Available
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 Lower Hills District
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Listed by: ANTHONY RIGGINS, SOTHEBY'S INTERNATIONAL REALTY INC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40882214
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40882214
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