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1140 DELAWARE ST #1
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 9, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by THE GRUBB COMPANY | $950,000 | |
| Listed by THE GRUBB COMPANY | |||
| | |||
|
This enchanting, freestanding 3bed/2bath Craftsman near North Berkeley BART is a "site condo", and lives like a house. With magical private gardens front and back, you can enjoy tranquility, play and entertaining year round. The soft light and striking original details combine beautifully with the tasteful modern updates. A large bright kitchen was recently remodeled and is the center of the home, with room for everyone to pitch in. The rear master bedroom is spacious and only steps from the deck and garden. Or sit on the front porch and chat with the neighbors! The handsome hardwood floors, majestic fireplace, lovingly maintained systems (even a recent seismic retrofit) make this home totally move-in ready. And what a location! So many popular (and famous) cafes, restaurants, parks, markets and shops are all nearby. Bus, BART and freeways make commuting a breeze, wherever you're going. Come enjoy this wonderful Berkeley gem!
| |||
| Feb 13, 2015 | Sold | ||
| Sold | |||
| Jan 8, 2015 | Listed by THE GRUBB CO. INC. | $649,000 | |
| Listed by THE GRUBB CO. INC. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2020
|
3 Bed
|
2 Bath
|
1339 ft²
|
$950,000
3 Bed
2 Bath
1339 ft²
|
$1,051,000
+10.63%
07/09/2020
|
Michael Friedman
THE GRUBB COMPANY
| |
|
01/08/2015
|
3 Bed
|
2 Bath
|
1339 ft²
|
$649,000
3 Bed
2 Bath
1339 ft²
|
$775,000
+19.41%
02/13/2015
|
Judith Ratcliffe
THE GRUBB CO. INC.
|
Building Info
About West Berkeley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017