16 Berkeley Court #2
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 |
|---|---|---|---|
| May 14, 2009 | Sold | ||
| Sold | |||
| Feb 10, 2009 | Listed | $454,000 | |
| Listed | |||
| |||
|
In the heart of Brookline Village! Rarely available, top floor condo in a lovely 2 family. Living room with fireplace, formal dining room with built in china cabinet, modern eat-in-kitchen, 2 good size bedrooms, lots of windows, A/C, hardwood floors, high ceilings, large deck, yard, washer/dryer in unit, 1 car garage parking and 1-2 outdoor spaces. Pets okay. 08-rubber roof. Near T and shopping!
| |||
| Jun 9, 2006 | Sold | ||
| Sold | |||
| Feb 10, 2006 | Listed by Coldwell Banker Realty - Brookline | $449,900 | |
| Listed by Coldwell Banker Realty - Brookline | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2009
|
2 Bed
|
1 Bath
|
1000 ft²
|
$454,000
2 Bed
1 Bath
1000 ft²
|
$435,000
-4.19%
05/14/2009
|
Marica Szabo
Coldwell Banker Realty - Brookline
| |
|
02/10/2006
|
2 Bed
|
1 Bath
|
1000 ft²
|
$449,900
2 Bed
1 Bath
1000 ft²
|
$450,000
+0.02%
06/09/2006
|
Mona Wiener
Hammond Residential Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017