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820 Island Dr - 820 Island Dr 2,664 SF Specialty Building Offered at $2,337,036 CAD at a 4.19% Cap Rate in Alameda, CA 94502
INVESTMENT HIGHLIGHTS
- Near Safeway grocery store
- Near Golf Course
- Near Restaurants
- Excellent School District
EXECUTIVE SUMMARY
Welcome to this spacious and inviting residence situated in the heart of Alameda’s desirable Bay Farm neighborhood. This stunning duplex boasts four generously sized bedrooms, and a three bedroom with garage, perfect for families.
The private yard offers a serene outdoor retreat, ideal for relaxation, or gardening. Inside, you'll find ample space to create a cozy haven that’s tailored to your lifestyle.
Location is everything, and this home is conveniently situated near top-rated Bay Farm School. You'll also enjoy close proximity to local stores, including Safeway, Café Jolie, charming restaurants, and even a drive-through Starbucks Coffee for your morning pick-me-up. Plus, with easy access to major thoroughfares, commuting and exploring the Bay Area couldn’t be more convenient. Also, close proximity to Bay Farm Ferry for a quick ferry ride to San Francisco.
Don’t miss the opportunity to make this gem your own! Reach out today to schedule a tour.
The private yard offers a serene outdoor retreat, ideal for relaxation, or gardening. Inside, you'll find ample space to create a cozy haven that’s tailored to your lifestyle.
Location is everything, and this home is conveniently situated near top-rated Bay Farm School. You'll also enjoy close proximity to local stores, including Safeway, Café Jolie, charming restaurants, and even a drive-through Starbucks Coffee for your morning pick-me-up. Plus, with easy access to major thoroughfares, commuting and exploring the Bay Area couldn’t be more convenient. Also, close proximity to Bay Farm Ferry for a quick ferry ride to San Francisco.
Don’t miss the opportunity to make this gem your own! Reach out today to schedule a tour.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$119,039
|
$44.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,794
|
$0.67
|
| Effective Gross Income |
$117,245
|
$44.01
|
| Taxes |
$22,307
|
$8.37
|
| Operating Expenses |
$3,604
|
$1.35
|
| Total Expenses |
$25,911
|
$9.73
|
| Net Operating Income |
$91,334
|
$34.28
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $119,039 |
| Annual Per SF | $44.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $1,794 |
| Annual Per SF | $0.67 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $117,245 |
| Annual Per SF | $44.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $22,307 |
| Annual Per SF | $8.37 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,604 |
| Annual Per SF | $1.35 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,911 |
| Annual Per SF | $9.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $91,334 |
| Annual Per SF | $34.28 |
PROPERTY FACTS
ABOUT 820 ISLAND DR , ALAMEDA, CA 94502
Hard to find two-story Duplex in prestigious Bay Farm Island of Alameda. Great schools. Conveniently located near shops and restaurants. Near golf course. Spacious units with good unit mix. Rents are below market. Wonderful tenants.
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Bike Score®
Very Bikeable (83)
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820 Island Dr - 820 Island Dr
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