122 Berkley Drive
About This Property
Situated in a prime location, just 25 min to down town Dallas, this home is just minutes from the lake, highways, shopping centers, dining, and the marina. It's also part of the highly sought-after Rockwall ISD, making it an ideal choice for families. Whether you're looking for a home to relax in or a place to host friends and family, this property offers the best of both worlds. With its spacious layout, great location, and inviting outdoor space, it's ready to become the perfect home for its next owner.
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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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | Listed by Elite Real Estate Texas | $375,000 | |
| Listed by Elite Real Estate Texas | |||
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by AATRealty LLC | $439,900 | |
| Listed by AATRealty LLC | |||
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Move in ready 4 Bedrooms single family house on a corner lot in Rockwall! just minuets from lake and major highways. Recent upgrades includes brand new 30 year GAF roof installed May 2022, new carpets upstairs in all rooms, new flooring in bathrooms. Premium polished porcelain tile thought-out downstairs. New interior paint. Spacious room, huge master bath with see through fireplace between master bedroom and master bathroom. Huge backyard on a corner lot with wraparound privacy fence and electric gate at the driveway makes the backyard great for entertaining. Great location near shoppings, dinings, marina and more!!!
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| Oct 30, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017