700 Calhoun St, Albany, CA 94706

Studio-- baths16,056 sqft Edit

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Sold: $3,650,000
Sold on 11/18/14
Zestimate®: $1,789,912
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My Notes

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Rarely available extremely well maintained 17 units in Albany. The property is composed of 13 2-bed & 4 1-bed units. All units are spacious and some have balconies with Bay Views. The exterior walls have recently been painted and some new sidings were installed. Roof is approximate 8 years old. The property has total of 23 parking spaces. Excellent price per foot. Great income generates over 4.23% CAP and 12.18 GRM. Rents for some units are below market. Good upside potential.

Facts

  • Lot: 0.31 acres
  • Multi Family
  • Built in 1979
  • Cooling: None
  • Last sold: Nov 2014 for $3,650,000
  • Last sale price/sqft: $227

Features

  • Flooring: Laminate
  • Parking: Garage, 23 spaces

    Construction

    • Construction quality: 6.0
    • Exterior material: Stucco
    • Roof type: Other
    • Room count: 81
    • Stories: 0
    • Structure type: Other
    • Unit count: 17

    Other

    • Floor size: 16,056 sqft
    • Last remodel year: 1979
    • Parcel #: 066 273201400
    • Zillow Home ID: 82831740

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $1,789,912
    -$94,690 Last 30 days
    $1.41M
    $2.24M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,039/mo
    +$51 Last 30 days
    $1.3K
    $4.1K
    Zestimate range

    Popularity on Zillow

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    Comparable Homes

    Homes like this sold for $1.0-3.0M.

    $1.24M
    $3.61M

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    Neighborhood

    Market guide

    Zillow predicts 94706 home values will increase 0.3% next year, compared to a 0.2% rise for Albany as a whole. Among 94706 homes, this home is valued 147.8% more than the midpoint (median) home, but is valued 60.8% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 94706, the number of foreclosures waiting to be sold is 0.6% less than in Albany, and 26.7% lower than the national average. This lower local number could help 94706 home values rise more quickly than other regions in Albany.

    Learn more about forecast calculations or 94706 home values.
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      Nearby Schools in Albany

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org