$2,564,000
●
House -
Off Market
9 Estates Drive
Millbrae, CA 94030
4 Beds
3 Baths
2,881 Ft²
$3,480,792
RealtyHop Estimate
32.35%
Since Jan 1, 2019
CA-San Francisco
Primary Model
About This Property
This 4 bd/3 ba is a rare opportunity for a home in Millbrae's most
coveted community that is dotted with Spanish Colonial, Tuscan and
Monterey-style homes. This beautiful Spanish style home features a
distinctive turreted entry tower, high ceilings, breathtaking
panoramic views of the Bay, expressive balconies, arched doorways,
wrought iron details, and is full of upgrades including built-in
media cabinets in Family Room, Alder cabinets with Revere Doors and
Chestnut Finish, granite slab island countertop in Kitchen, Navajo
White with Glaze island cabinets, walnut flooring, custom
wainscoting and crown moulding in the Master Bedroom, custom window
treatments throughout, coffered ceiling in the Dining Room, elegant
wall coverings in the Master, security system, centralized audio
system, closet organizer in Master, 2 EV charging outlets, and much
more. This home is close to major transportation routes and in an
excellent school district.
Unit Size
2,881 Ft²
Days on Market
46 days
Land Size
0.15 acres
Price per sqft
$913
Property Type
House
Property Taxes
-
HOA Dues
$133
Year Built
2009
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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 (MLSListings Inc. #ML81730929)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2023 | No longer available | - | |
| No longer available | |||
| Mar 24, 2023 | Listed by Keller Williams Peninsula Estates | $2,799,800 | |
| Listed by Keller Williams Peninsula Estates | |||
| | |||
|
Stunning Telescope Hills house with GORGEOUS MILLBRAE VIEWS! Embrace the natural sunlight that fills every room, while enjoying the view of the Bay from the family room and also the primary suite upstairs. Enjoy the architecture of this beautifully updated residence, featuring luxuriously high ceilings, rich hardwood maple floors & the warmth of carpet on the upper level. As you walk in, you will find a cozy living room & formal dining room that lead to a spacious family room with a fireplace. The newly renovated eat-in kitchen features ceiling-height cabinets, quartz countertops/backsplash & stainless steel appliances. The remodeled primary bathroom includes an expanded shower space & a standing tub. This environmentally friendly home is equipped with solar panels, powerwall battery, and EV charging outlets that let you charge the car in the garage & on the driveway. Conveniently located next to 101/280, SFO, parks/trails, & Millbrae's top rated schools. Your DREAM HOME awaits you! The manager has listed the unit size as 2881 square feet.
| |||
| Dec 27, 2018 | Sold | ||
| Sold | |||
| Nov 11, 2018 | Listed by Prudentia Real Estate | $2,630,000 | |
| Listed by Prudentia Real Estate | |||
Property Highlights
Garage
Parking Available
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Millbrae
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Listed by: Esther Shek, Prudentia Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81730929
Last Updated: 5 months ago
Data Source: CRMLS, MLS# ML81730929
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