ActiveResidential · sale

1021 Cragmont Ave

Berkeley, CA 94708

$1,795,000

  • 3 beds
  • 3 baths
  • 2,281 sq ft
  • 0.13 acres
  • Built 1913

Listed by Golden Gate Sothebys Intl Rlty · MLS #41146959

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1913.

Garage parking

1 garage spaces listed.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set on a nearly level lot in the Berkeley Hills this reworked Craftsman pairs the familiarity of an older home with the clarity and ease of a thoughtful contemporary renovation Held by one family for more than 50 years the house has been rebuilt from the foundation up while preserving the details that give it character Original stained glass windows remain alongside new white oak floors builtin entry benches and a gas fireplace framed by custom shelving A small powder room brings in a more playful note with patterned wallpaper while the main living spaces remain warm simple and connected At the center of the house the kitchen takes a materialdriven approach Custom white oak cabinetry is paired with countertoceiling tile a burnished plaster range hood and understated stainlesssteel appliances A pantry speed oven beverage refrigerator and counter seating add function without overwhelming the space One of the most successful details is an awning window behind the sink that opens directly to an exterior countertop bar It creates an easy connection between the kitchen and deck extending everyday life outdoors Builtin seating overlooks a broad level lawn bordered by privacy planting and a Japanese maple A TV snug just off the kitchen offers a more casual counterpoint to the open living spaces while a tuckedaway office creates room to work without feeling disconnected from the house Upstairs the landing frames a glimpse of the Bay and incorporates a full laundry area Two secondary bedrooms share a bath with a custom oak vanity and tub The primary suite is more expansive with dual closets a vaulted sitting area and a bath finished with a custom oak double vanity and oversized shower with builtin bench The renovation extends beyond the visible finishes with a new foundation 40yearrated roof Marvin windows updated electrical and plumbing and refreshed landscaping with new irrigation A long garage accommodates parking along with bikes storage workshop space or a home gym while additional attic and basement storage support the practical side of daily life The result is a house that feels distinctly Berkeley layered relaxed and considered with enough of its history left intact to keep it from feeling overly new

THE NEIGHBORHOOD

Explore the location.

1021 Cragmont Ave, Berkeley, CA 94708

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1913
Full baths
2
Half baths
1
Garage spaces
1
Cooling
None
Heating
ForcedAir
Flooring
Tile,Wood
Pool
No
Pool features
None
Subdivision
CRAGMONT
Parcel
63297247

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$7,479.17
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1021 Cragmont Ave, Berkeley, CA 94708 · MLS #41146959

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Listing information

MLS #41146959 · California Regional MLS

Listing brokerage: Golden Gate Sothebys Intl Rlty
Listing agent: Scott Leverette

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.