1516 PARKER ST
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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%.
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by District Homes | $1,095,000 | |
| Listed by District Homes | |||
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If you had a checklist for your perfect Berkeley home, 1516 Parker St would tick every box—and then add a few surprises. Just a few steps to the entry, everything unfolds on one convenient level: a bright, open floor plan where kitchen, dining, and living spaces flow together. The modern kitchen features a super cool pantry, abundant storage, and and an open layout. There are 3 bedrooms and 2 bathrooms, including a stylishly updated primary suite with a spacious closet, plus a sleek secondary bath. Two rear bedrooms open directly to the yard, blending indoor comfort with outdoor beauty. In back, a detached casita offers plenty of possibilities—a home office, art studio, or just a great place to lounge. The backyard is its own private retreat. Beautifully landscaped (front and back!) and complete with raised garden beds and a generous deck for dining or relaxing. And did I mention the sauna? This is a home with a conscience, upgraded for efficient, sustainable living—with comprehensive insulation, heat pump systems for both heating and hot water, owned solar panels, and backup power—providing clean indoor air, low-impact design and affordable living. Centrally located, you’re close to downtown Berkeley, the awesome Berkeley Bowl, parks and transportation.
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| Oct 7, 2014 | Sold | ||
| Sold | |||
| Aug 26, 2014 | Listed by THE GRUBB CO. INC. | $699,000 | |
| Listed by THE GRUBB CO. INC. | |||
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About South Berkeley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017