1227 Alvarado Rd
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%.
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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Compass | $1,525,000 | |
| Listed by Compass | |||
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More than a home...it's a lifestyle. This remodeled oasis blends sophistication, warmth, & breathtaking natural beauty. A gated front courtyard welcomes you into a private sanctuary designed for seamless indoor outdoor living. Expansive windows & sliding glass doors frame sweeping Golden Gate Bridge and canyon views from both levels. The dramatic living room features a vaulted wood slat ceiling, stone fireplace, & flows effortlessly to the dining area and view deck, ideal for entertaining or relaxing. The gourmet eat in kitchen offers Viking appliances, farmhouse sink, walk in pantry, wine refrigerator, and breakfast bar, with direct outdoor access & sensational views. A versatile bonus room and powder room complete the main level. Downstairs, 2 beds accompany a luxurious primary suite with walk -n closet & spa-like bath. A den/optional 4th bedroom opens to a second expansive view deck. Additional features include a 2-car garage, new roof, & owned solar. Minutes to the Claremont, Peets Coffee, all the Rockridge/Elmwood amenities, UC Berkeley & more! Perched above it all, this home offers rare privacy, iconic views, and a true retreat like feel while remaining incredibly close to everything that makes Berkeley living so special.
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| May 20, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by COMPASS | $1,399,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017