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15 Berkeley St
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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%.
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed | $1,399,000 | |
| Listed | |||
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Welcome to 15 Berkeley Street—a bright, lovingly updated 3 bed, 2.5 bath home in Somerville’s vibrant Spring Hill. From the charming front porch with ceiling fan, to the sunlit rooms inside, this home feels instantly inviting. The owners thoughtfully renovated key systems- new heating, central air, updated electrical, renovated kitchen with a pantry and updated baths, so you can move right in and enjoy. The main floor flows beautifully through the double parlor and eat-in kitchen with hardwood floors, crown molding, and great natural light. Step outside to a peaceful backyard with patio and mature plantings, perfect for relaxing or hosting friends. Upstairs, all three bedrooms offer comfort and style; the primary features an en suite bath and cozy private deck. You’ll love the extra storage in the basement and the 2-car driveway. Just 0.4 mi to the Green Line at Gilman Square, close to Union Square and the Community Path. A true gem in a sought-after neighborhood!
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| Dec 2, 2009 | Sold | ||
| Sold | |||
| Oct 13, 2009 | Listed | $329,000 | |
| Listed | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017