1234 Berkeley Street
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 |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Nest Realty of the Triangle | $399,999 | |
| Listed by Nest Realty of the Triangle | |||
| | |||
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Offer in hand. Offer deadline - Monday @ 3:30pm. Nestled in Durham's historic Walltown neighborhood, this beautifully maintained 3-bedroom, 2-bath home offers convenient single-level living, blending classic character with modern upgrades.
From the moment you arrive, you'll appreciate the quiet charm of Berkeley, a peaceful street that's not a cut-through. The home's curb appeal is immediately evident—from the sleek, long-lasting metal roof to the deep green of the freshly sodded yard, the freshly painted porch with a pop of color, and the stylish new wooden front door. It all welcomes you home. The expansive front porch is the perfect spot to enjoy your morning coffee or relax with a friend while watching the sunset. The landscaped yard features fruiting fig and apple trees, along with native magnolias, creating a serene and picturesque setting.
Step inside to a bright and inviting interior, where a spacious living room and kitchen provide ample space for entertaining. Thoughtful updates include stylish new light fixtures throughout, contemporary bathroom vanities, and multiple solar tubes that bring natural light into the home's cozier spaces. The spacious primary suite, located at the back of the home for added privacy, features an en suite bathroom that offers a peaceful retreat. The flat backyard, complete with mulberry trees and a generous storage shed, backs up to Durham-owned green space, ensuring your private yard will remain undisturbed.
Conveniently located just 0.4 miles from popular dining spots like Joe Van Gogh Coffee, The Loop, Sho Nuff Seafood, and Metro 8 Steakhouse, with Costco only a 4-minute drive away. Enjoy easy access to Downtown, 9th Street, and Duke University. With the inevitable revitalization of Northgate Mall, Walltown homes will see an increase in both desirability and property values. Don't miss this opportunity!
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| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Fathom Realty NC, LLC | $275,000 | |
| Listed by Fathom Realty NC, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017