159 Berlin 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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by William Raveis Barre | $269,500 | |
| Listed by William Raveis Barre | |||
| | |||
|
Charming, Refurbished, 3 Bedroom Home Conveniently Located, Close to Hospital, Interstate and Downtown. Oversize Windows Create Light Filled Spaces. One Level, Open Concept Living Make This Home the Perfect Alternative to a Condominium. Features Include Gleaming Hardwood Floors, New Vinyl Windows and a Remote-Controlled Heat Pump Which Cools in the Summer. The Charming Galley Kitchen, has New Appliances and is Open to Living/Dining Room. A new Pantry /Mudroom Accessed Through a Kitchen Door opens to the Rear Patios. Updated Electrical a New Boiler and Hot Water Heater, add to the Move-in Ready Appeal. The Large, Level Back Yard has Established Perennial Beds and a Tilled Garden Plot Awaiting New Possibilities. There is a Storage Barn to House Lawn and Garden Tools. A Large Deck Off of the Living Room is Perfect for Al Fresco Dining. A Covered Rear Patio Boasts a New (1.5 Years) Hot Tub. The Second, South Facing Patio, Provides a Private Spot for Sun Filled Respite. Immaculate Lower Level, Connects to Laundry Room. One Car Garage. Ideal Home for First Time Buyers or Those Looking to Down Size..... this Home Has it All.
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| Jul 21, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by Morrill & Guyer Associates | $59,900 | |
| Listed by Morrill & Guyer Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017