1641 BERKELEY Street
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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.
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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 11, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Serhant California, Inc | $1,699,500 | |
| Listed by Serhant California, Inc | |||
| Jul 30, 2020 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | Listed | $1,795,000 | |
| Listed | |||
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Charming California bungalow located in Santa Monica's sought after entertainment center. This unique home was recently reimagined from top-to-bottom by noted architects Shubin + Donaldson and RAC Design. Each detail was meticulously designed to create a zenful, seamless flow. The interior features hardwood floors, board-form concrete walls, large casement windows that bathe rooms in sunlight and ocean breezes, and a chef's kitchen with high-end stainless steel appliances, custom cabinetry, & Caesar Stone countertops. The kitchen bar opens to the living area for entertaining. Bedrooms are spacious and airy, with a spa-inspired bathroom. The expansive outdoor living space showcases Brazilian hardwood, perfectly lit dining & lounge areas, and set next to an olive tree. You'll find extra storage in the finished two car garage, w/driveway parking, & R2 zoning. Upgrades include Tesla Solar/Battery, motorized back gate, Nest cameras, & more. Walking distance to Expo Line. Airstream excluded. The manager has listed the unit size as 1053 square feet.
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| Nov 30, 2018 | Sold | ||
| Sold | |||
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About Pico
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017