260 Brooklyn Basin Way #426
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
35% of that payment is not the mortgage. The HOA fee alone is $40,920 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,659.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($19,700). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($669 in 2026), not enough for a trend yet. The listing shows $682/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- On market 144 days → strong negotiating leverage
- Upper floor (fl 4)
- In-unit W/D
- Garage parking
⚠️ Cons
- 18% above model fair value
- HOA $682/mo
- Photos look dim — verify light in person
🚩 Red flags
Photos
Price history (this unit)
- Jul 10, 2026 — Price Changed $394,000
- May 22, 2026 — Listed $439,900
- May 22, 2026 — Coming Soon $439,900
Description
Now Selling at Caspian Residences at Brooklyn Basin, the fastest selling new condominium community in Oakland. This spacious 1-bedroom + den residence offers approximately 736 sq. ft. of modern waterfront living in one of the Bay Area’s most exciting emerging neighborhoods. Buyer demand has been exceptionally strong, creating a limited opportunity to own in a vibrant, amenity-rich community along Oakland’s revitalized shoreline. Thoughtfully designed for flexibility and comfort, the open-concept layout includes a versatile den ideal for a home office, guest space, or creative studio. Contemporary interiors feature quartz countertops, sleek cabinetry, Samsung stainless steel appliances…