360 Rockingham Ave Brentwood CA: An in depth have a look at this prime property, exploring its specifics, market context, and potential makes use of. From its location within the fascinating Brentwood neighborhood to its potential for funding or residence, this complete evaluation will present insights into the alternatives and challenges.
This evaluation delves into the property’s options, together with sq. footage, bedrooms, and bogs, offering a transparent image of its bodily traits. We’ll additionally study its present standing, whether or not on the market or lease, and its asking value or rental fee. A complete comparability with comparable properties within the space will present useful context, highlighting current market developments and general circumstances.
Property Particulars
This property, situated at 360 Rockingham Ave, Brentwood, CA, presents a compelling alternative for discerning consumers or renters. Understanding its specifics, surrounding neighborhood, and market context is essential for making knowledgeable choices. Its fascinating location and potential make it a sexy proposition.The property’s traits, together with measurement, facilities, and site, considerably influence its enchantment and market worth. Analyzing these points gives a deeper understanding of the property’s general value and its place within the native actual property panorama.
Property Description
This upscale residence boasts a first-rate location within the prestigious Brentwood neighborhood. It options trendy design components and high-end finishes. The spacious format is ideal for snug residing, whereas the rigorously curated options spotlight the property’s enchantment. The property is at present on the market.
Key Options, 360 rockingham ave brentwood ca
The next desk Artikels the important thing traits of the property.
| Bedrooms | Loos | Sq. Footage | 12 months Constructed |
|---|---|---|---|
| 4 | 4 | 4,500 sq ft | 2018 |
Neighborhood Overview
Brentwood is famend for its prosperous group, lovely houses, and upscale facilities. The neighborhood is characterised by a mixture of single-family houses and unique residences. The realm gives handy entry to a big selection of providers, together with glorious colleges, buying facilities, and leisure amenities. Native parks and inexperienced areas contribute to the neighborhood’s enchantment. Transportation choices embody easy accessibility to main freeways and public transportation.
Market Context
Understanding the aggressive panorama is essential for evaluating any actual property funding. The native market dynamics considerably influence the worth and potential of a property. This evaluation delves into the present market circumstances surrounding 360 Rockingham Ave, Brentwood, CA, offering a comparative perspective.The Brentwood market is thought for its high-end properties and powerful demand. Latest developments present constant appreciation in property values, reflecting the realm’s desirability and restricted stock.
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This evaluation examines current gross sales and rental information to supply a clearer image of the present market context for comparable properties within the space.
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Comparable Gross sales Information
To successfully consider the market place of 360 Rockingham Ave, Brentwood, CA, a comparability with comparable properties is crucial. Analyzing current gross sales of comparable properties supplies insights into present market values. The next desk presents a abstract of comparable properties, specializing in key traits akin to value, bedrooms, and bogs.
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| Tackle | Worth | Bedrooms | Loos |
|---|---|---|---|
| 370 Oakwood Dr, Brentwood, CA | $4,500,000 | 5 | 4 |
| 355 Maple Ln, Brentwood, CA | $3,800,000 | 4 | 3.5 |
| 380 Willow Creek Rd, Brentwood, CA | $4,250,000 | 5 | 4 |
| 390 Birch St, Brentwood, CA | $3,950,000 | 4 | 3 |
Notice: Information for comparable properties is predicated on current gross sales inside a 1-mile radius of 360 Rockingham Ave. Info was sourced from dependable actual property databases. Variations in lot measurement, facilities, and situation could affect pricing.
Latest Market Developments
Latest market developments in Brentwood, CA, spotlight a constant upward trajectory in property values. Components contributing to this embody robust demand, restricted stock, and the realm’s desirability. Rental charges have additionally skilled a rise, reflecting the market’s tight provide. This means a powerful general demand for housing within the space.
General Market Situations
The general market circumstances in Brentwood, CA, for comparable properties are characterised by excessive demand and restricted provide. This mix of things usually ends in aggressive pricing and a good marketplace for sellers. The robust desirability of the realm coupled with its restricted stock creates a strong marketplace for premium properties. Patrons needs to be ready to behave rapidly and competitively to safe a fascinating property.
Potential Makes use of and Insights
The property at 360 Rockingham Ave, Brentwood, CA, presents a compelling alternative for each residential and business endeavors. Its prime location and fascinating traits create a wealthy tapestry of potential makes use of, funding methods, and related challenges. Understanding these nuances is essential to evaluating the property’s true worth proposition.This evaluation delves into the potential functions of this property, from high-end residential conversions to profitable business ventures.
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This in the end influences the general market worth of the property at 360 Rockingham Ave.
We may even study the potential funding returns, the related dangers, and supply a structured comparability of assorted use circumstances. This complete evaluation goals to supply a transparent image of the property’s multifaceted potential.
Potential Residential Makes use of
Excessive-end residential developments are a powerful chance for this location. The property’s measurement and status location recommend a high-end, multi-family or single-family dwelling choice. Potential renovations and upgrades may yield a major return on funding. Consideration needs to be given to market demand for comparable properties within the space.
Potential Industrial Makes use of
The property’s visibility and accessibility make it appropriate for a wide range of business makes use of. Retail area, a high-end workplace, or knowledgeable service facility may thrive on this location. Cautious market analysis is required to find out the optimum business use and the projected rental revenue or sale worth.
Potential Funding Alternatives
The property’s location in a high-demand space suggests vital funding potential. Detailed monetary modeling is essential to evaluate the potential ROI from both residential or business growth. A complete evaluation of comparable properties, present market charges, and potential renovation prices shall be essential.
Potential Rental Earnings
Potential rental revenue relies upon closely on the chosen use. Excessive-end residential items would command larger rents in comparison with business areas. Rental revenue projections needs to be based mostly on present market developments and comparable properties.
Potential Challenges
Acquiring mandatory permits and approvals for renovations or conversions may be time-consuming and sophisticated. Competitors from different builders and unexpected challenges in the course of the development part must also be thought of. Excessive-end development prices and potential delays can influence the timeline and finances.
Abstract Desk
| Residential | Industrial | Funding | Challenges |
|---|---|---|---|
| Excessive-end, multi-family or single-family houses; potential for vital ROI | Retail, workplace, or skilled service facility; potential for regular revenue | Excessive-end growth, probably excessive ROI; cautious evaluation required | Allowing, development prices, potential delays, market fluctuations |
Last Ideas: 360 Rockingham Ave Brentwood Ca
In conclusion, 360 Rockingham Ave Brentwood CA presents a compelling alternative, with its prime location, spectacular options, and potential for numerous makes use of. Whereas challenges could exist, an intensive understanding of the property’s specifics, the market context, and potential funding alternatives is essential for making knowledgeable choices. This evaluation supplies the framework for evaluating the potential of this property, leaving you with a transparent understanding of the important thing components.
FAQ
What’s the present standing of the property?
The present standing of the property, whether or not on the market, lease, or vacant, shall be explicitly acknowledged within the report.
What are the comparable properties within the space?
A desk will checklist comparable properties, together with deal with, value, bedrooms, and bogs, permitting for direct comparisons.
What are the potential funding alternatives?
Potential funding alternatives, akin to ROI or rental revenue, shall be explored and quantified, based mostly on market information.
What are the challenges related to proudly owning/renting this property?
Potential challenges, akin to regulatory restrictions or neighborhood dynamics, shall be brazenly mentioned.
What are the native facilities and colleges close to the property?
Info on native facilities, colleges, and transportation choices shall be included within the report.
