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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by SOTHEBY'S INTERNATIONAL REALTY INC | $25,000 | |
| Listed by SOTHEBY'S INTERNATIONAL REALTY INC | |||
| Jan 26, 2024 | No longer available | - | |
| No longer available | |||
| Aug 8, 2023 | Listed by Anderson Christie, Inc. | $39,000 | |
| Listed by Anderson Christie, Inc. | |||
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Welcome to this prime property nestled above Berkeley and Oakland. Perched on a hillside that has views of the ocean and bay. This strategic location is close to the vibrant tech hub of Silicon Valley, the allure of San Francisco, and the serene beauty of the Pacific Ocean. Embrace the potential of this vacant land and seize the opportunity in this sought-after location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017