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Stealpad › Oakland, CA › Eastlake › 260 Brooklyn Basin Way #544
260 Brooklyn Basin Way #544 — 1 bd condo for sale in Eastlake, Oakland
46Priced high

260 Brooklyn Basin Way #544

Eastlake, Oakland, CA · 94606
$348,900 ~at market (+2%)
1 bd · 1 ba · 736 sqft · $474/sf
HOA $669/mo · 🏢 fee history ↓ · Floor 5 · 135 days on market · built 2023
⏳ Sitting — leverage
⚖️ Adjusted valueFairly pricedasking is +2% over fair value
Model fair value · 43 sold comps · ±15%$334,368
vs model fair value · size · beds/baths · age · HOA · location+4%
Condition · 2023 new build: modern white kitchen−2%
Price history · at/near its all-time high0
📐 How this Deal Score was built46Priced high
Value gap · asking vs model fair value, after condition & price history−2.4
HOA burden · $669/mo = 2.3%/yr of price vs a 1.33% norm−7.8
Days on market · 135 days — it has sat, so you have leverage+6
Raw advantage · the three above, combined−4.2
Model confidence · moderate — ±15% typical model error across 43 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score46/100

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

$3,030/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$1,933
Property tax (1.30% effective)$378
Insurance (estimate)$50
HOA dues$669
Total monthly$3,030
Rough cash to close$78,503

36% of that payment is not the mortgage. The HOA fee alone is $40,140 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,361.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($17,445). 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 $669/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 135 days → strong negotiating leverage
  • Upper floor (fl 5)
  • In-unit W/D
  • Garage parking
⚠️ Cons
  • HOA $669/mo
🚩 Red flags
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Photos

Price history (this unit)

Only one sale-price event on record ($348,900 on May 29, 2026).
  • May 29, 2026 — Listed $348,900

Description

Now Selling at Caspian Residences at Brooklyn Basin - Discover modern waterside living in this thoughtfully designed 1-bedroom, 1-bathroom condo, spanning approximately 736 sq ft. Located in one of Oakland’s most exciting new communities, this home offers a rare chance to own in a vibrant, amenity-rich setting. The open layout features sleek finishes, a well-equipped kitchen with Samsung stainless steel appliances, quartz countertops, and modern cabinetry. High-efficiency dual-pane windows frame the bright living area, while the bathroom includes quartz counters and Grohe fixtures. Includes in-unit washer and dryer. Caspian residents enjoy a fitness center, a dedicated co-working space…

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