1 month on rocket

Sale Pending

1304 Leafwood Dr, Novato, CA, 94947

$3,150,000

0 Baths
7,700 SqFt
$409/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingCovered, Off Street, Open, Street, Uncovered
Year Built1960
HeatingWall Furnace
CoolingNone
MLS #324023387
Lot Size0.37 Acres
StatusSale Pending
(Contingent - No Show)

About 1304 Leafwood Dr

6.07% Starting Cap Rate in Marin County! Excellent investment opportunity to own an upgraded 12-unit apartment complex with rental upside in coveted Marin County. Highlighted by a unit mix of eight (8) 2-bedroom, 1-bath units and four (4) 1-bedroom, 1-bath units, the subject property consists of two buildings located on three separate parcels in central Novato, CA. The property has undergone substantial renovations in the last few years including new roofs, new exterior stairways and decks, updated hardscape throughout including a newly paved courtyard, dual-pane windows in all units, new exterior paint and drought resistant landscaping. Two of the units have full interior remodels and four additional units have new flooring. The apartment complex features an on-site laundry room, carport parking and separate meters for gas and electric.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 7,700 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway
  • Office Phone: (415) 329-6790, 0
  • Listing Agent: Steven Level

Exterior Features

Parking Information:

  • Parking: Covered, Off Street, Open, Street, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 1304-1306 Leafwood Dr, Novato, CA

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000
  • Price Per SqFt: $409/SqFt
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Housing Market Comparison

See how this home compares to others in Novato, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$573

Avg. Days On Market

72

# of Sold Homes

41

1304 Leafwood Dr vs Novato

53 DAYS ON ROCKET

-19 Days

$3,150,000

+$2.1M More

$409/SqFt

-$164 Less

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $164/SqFt less than other homes in Novato, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BAREIS MLS
  • MLS Number: #324023387

Listing Office:

  • Office Name: Berkshire Hathaway
  • Office Phone: (415) 329-6790, 0
  • Listing Agent: Steven Level

IDXCopyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 5:20:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2020Home Sold
$2,600,000
Jun 26, 2020Home Sold
$2,600,000

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4232350
5
/10
  • Lynwood Elementary School

  • 1320 Lynwood Dr

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-4232351
7
/10
  • Rancho Elementary School

  • 1430 Johnson St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-4232352
5
/10
  • Olive Elementary School

  • 629 Plum St

  • 1.57 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,858. The most common annual income of people living in Novato, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaMarin CountyNovato949471304 Leafwood Dr

This home is located at 1304 Leafwood Dr in Novato, CA and zip code 94947 in the Leafwood Terrace neighborhood. This 7,700 square foot home, which was built in 1960, sits on a 0.37 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $3,150,000.

In April 2024, from all listings sold in Novato, CA there were more than 23 sold above asking price, over 9 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Novato, CA between March 2024 and April 2024 increased by 31.5%. In April 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $1,003,750.

From Rocket Homes Real Estate and based on county public records data.

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