New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,925,000
Apartment buildings
3840 Howe St, Oakland, CA 94611-5357
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7640902
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
41,201 SF
Lot
0.46 ac (20,000 SF)
APN
12-986-39-1
UPID
US09-7640902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Howe Street Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.93M
Owner & transaction history
Nadine G Corkery · 2 yrs held
Nadine G Corkery
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$130,954
Tax year 2023
Assessed value
$7,353,922
Assessed 2024
Previous assessed
$7,210,403
+2.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$2,201,814
Assessed improvement
$5,152,108
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Buildings
1
Stories
4
Units
43
Rooms
143
Bathrooms
45
Total area
41,201 SF
Lot
0.46 ac (20,000 SF)
APN
12-986-39-1
UPID
US09-7640902
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Stories
4
Buildings
1
Units
43
Rooms
143
Bathrooms
45
Lot
0.46 ac
Current owner
From public records · entity-resolved
Nadine G Corkery
Individual
Mailing address
20660 EDGEWOOD CIR, CASTRO VALLEY, CA 94552-5213
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
—
Nadine G Corkery
Claude H Church III
Affidavit Of Death
—
Apr 16, 2021
—
Marilyn Braiger
—
Deed
related
$3,000,000 · Jpmorgan Chase Bank NA
Feb 9, 2021
—
Rita Nagel
Rita Nagel
Intrafamily Transfer
related
—
Sep 19, 2012
—
Braiger Marilyn II Trust
Braiger Marilyn II Trust
Quit Claim Deed
related
—
Jan 29, 2008
—
Richard W Corkery
Church,claude H III
Grant Deed
—
Apr 28, 2006
$5,500,000
Braiger Marilyn Trust II
Mar Monte Corp
Grant Deed
$2,900,000 · Commercial Capital Bank Fsb
—
—
Claude H Church III
—
Deed Of Trust
related
$350,000 · Fremont Bank
—
—
Braiger Marilyn Trust II
—
Deed Of Trust
related
$250,000 · Fremont Bank
—
—
Braiger Marilyn Tr
—
Deed Of Trust
related
$3,650,000 · First Republic Bank
Dec 20, 1967
—
Mar Monte Corp
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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