For SaleRisky Deal0 days on market

8622 Thermal St

8622 Thermal St, Oakland, CA 94605, Oakland, CA 94605
$599,000
Estimate®:$673,400$74,400 Under Market

Listing Price

Property image 1
8622 Thermal St, Oakland, CA 94605
Loc: Oakland, CA
Days Listed
0
Tax Assessed
$690k
Estimate®
$673k
11% Under Valued
Lot Size
10,303 sqft
Rent Estimate
$3,619/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

2

Howard Elementary School

K-5
0.5 mi away
1

Frick United Academy of Language

6-8
1.5 mi away
2

Castlemont High

9-12
0.2 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence, Residential1951Central Forced AirCentral Air2 Attached Garage spaces10,303 sqft0$498

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.12%
Total ROI
48.4%
Cash Flow
$-1,053/mo
DSCR
0.66
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,053/mo net cash flow with a 4.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Oakland, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-24Listed for sale$599,000$498
2023-03-20Sold$650,000$540
2023-02-03Pending sale$699,000$581
2022-12-10Listed for sale$699,000$581
2022-11-02Listing removed$0
2022-09-19Listed for sale$799,000$664
2022-09-12Listing removed$0
2022-07-27Listed for sale$899,000$747
2007-11-15Sold$575,000$478
2004-07-13Sold$405,000$336

Tax History

YearProperty TaxTax Assessment
2026$0$689,780
2025$10,297.98$620,000
2024$10,512.34$663,000
2023$12,107.4$725,902
2022$11,789.5$711,671
2021$11,312.66$697,721
2020$11,181.6$690,568
2019$10,402.66$649,000
2018$7,946.3$580,000
2017$7,851.76$480,000
2016$7,408.68$465,000
2015$6,839.42$525,000
2014$7,573.6$475,000
2013$0$300,000
2012$0$275,000
2011$0$336,000
2010$0$308,000
2009$0$320,000
2008$0$575,000
2007$0$421,361
2006$0$413,100
2005$0$405,000
2004$0$63,213
2003$0$62,056
2002$0$60,839
2001$1,140.28$59,645
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,204

Similar Properties Nearby

Explore other investment opportunities in Oakland.