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1328 Summit 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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Red Oak Realty | $1,698,000 | |
| Listed by Red Oak Realty | |||
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by BERKELEY HILLS REALTY | $799,000 | |
| Listed by BERKELEY HILLS REALTY | |||
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Perched on a prime lot in the Berkeley Hills, this expansive four-bedroom home offers breathtaking views—including three iconic Bay Area bridges—with no power lines to obstruct the scenery. On one side, you have the vast wilderness of Tilden Park, and on the other, an unparalleled vantage point stretching across the bay. The home itself is a rare opportunity for those with vision. While it needs work, the potential is limitless—bring your contractor and imagination to transform this space into something truly remarkable. If you’re searching for a home with one of the most spectacular views in the Berkeley Hills and the chance to create something special, this is it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017