116 Mulberry Avenue
About This Property
Step inside to find a spacious living room and a separate family room with a cozy fireplace, perfect for gatherings or quiet evenings in. The kitchen features Corian countertops, a gas range, and ample cabinet storage that opens to the dining area for easy entertaining.
Recent updates include tile flooring, newer interior finishes, and well kept major systems for peace of mind. The primary suite offers a private bath with a walk in shower, and each bedroom provides generous space and natural light.
Outside, enjoy two covered patios ideal for barbecues or relaxing weekends, plus a large backyard ready for your personal touch. Solar panels are installed on the home, providing energy efficiency and lower monthly utility bills. With an attached two car garage, mature landscaping, and a location close to schools, shopping, and freeway access, this home offers comfort, convenience, and long term value in one of Atwater's most established neighborhoods.
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by Real Brokerage Technologies, Inc. | $419,000 | |
| Listed by Real Brokerage Technologies, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017