132 Berkeley Avenue
About This Property
The home offers a flexible layout with potential for extended living, guest space, or additional income opportunity. Enjoy a brand-new deck, two-car garage, great storage, and a clean move-in-ready feel from top to bottom. Conveniently located near major roadways, shopping, restaurants, parks, Stony Brook University, local hospitals, LIRR access, the LIE, and Sunrise Highway - making this a smart option for buyers looking for modern updates, flexibility, and an easy Long Island lifestyle.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Relisted | $669,999 | |
| Relisted | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Listed by Hampton Estates Realty LLC | $669,999 | |
| Listed by Hampton Estates Realty LLC | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017