107 Berkeley Place #1F
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 29, 2021 | Sold | ||
| Sold | |||
| Aug 24, 2021 | In contract | - | |
| In contract | |||
| Aug 2, 2021 | Price Decreased |
$650,000
↓ $35K
(5.1%) | |
| Price Decreased | |||
| Aug 2, 2021 | Listed by Compass | $685,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2023
|
2 Bed
|
1 Bath
|
-
|
$825,000
2 Bed
1 Bath
|
$825,000
01/06/2024
|
Alexis Kravitz
Compass
| |
|
07/01/2022
|
2 Bed
|
1 Bath
|
-
|
$937,107
2 Bed
1 Bath
|
$937,107
09/20/2022
|
David S Margolies
Compass
| |
|
08/02/2021
|
1 Bed
|
1 Bath
|
-
|
$685,000
1 Bed
1 Bath
|
$685,000
11/29/2021
|
Debra Bondy
Compass
| |
|
06/14/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
03/25/2015
|
2 Bed
|
1 Bath
|
-
|
$720,000
2 Bed
1 Bath
|
$720,000
06/05/2015
|
Heather M McMaster
The Corcoran Group
| |
|
04/26/2007
|
1 Bed
|
1 Bath
|
-
|
$469,000
1 Bed
1 Bath
|
$469,000
09/27/2007
|
Leasing Office, Chelsea Park 260 West 26th Street
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017