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191 Berkeley Place #78
About This Property
Every detail has been meticulously considered in this expansive and inviting open concept living room/dining room and kitchen with wide open south-facing views overlooking treetops along Berkeley Place. The thoughtfully designed kitchen is outfitted with custom cabinetry, elegant stone countertops, a peninsula featuring a breakfast bar, seamlessly integrated stainless steel appliances, including a dishwasher, and a chic tile backsplash. The dining area is accented by an exposed brick wall, custom cabinetry, and sconces. A hallway leads to both bedrooms, each overlooking tranquil garden views. The primary bedroom features coved ceilings and bay front windows and the second bedroom is bright and cheerful. A full-size washer-dryer is tucked inside a laundry closet. The spa-like bathroom boasts designer fixtures, stylish tiling, custom shelving, and a vanity. The powder room is adorned with fashionable wallpaper. The airy unit is graced with refinished inlaid parquet and hardwood floors, moldings, high ceilings, and designer touches that include contemporary lighting and hardware. The intuitive layout lends itself to entertaining and ease of daily living. There is dedicated storage space and bike storage in the basement in this cat-friendly building.
A 6-minute walk to the 2/3/4 at Grand Army Plaza and equidistant to the B/Q at 7th Avenue, surrounded by an array of acclaimed restaurants, cafes, boutiques, grocery stores, fitness centers, and services, the location is ideal. A short walk brings you to Prospect Park, the main branch of the Brooklyn Public Library, the Brooklyn Botanic Gardens, the Brooklyn Museum, and the weekend Greenmarket. This is a special place to call home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by Garfield Realty Corp | $1,350,000 | |
| Listed by Garfield Realty Corp | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2024
|
2 Bed
|
1 Bath
|
-
|
$1,350,000
2 Bed
1 Bath
|
$1,410,000
+4.44%
06/21/2024
|
Elizabeth Kohen
Garfield Realty
| |
|
06/08/2023
|
Studio
|
1 Bath
|
-
|
$400,000
Studio
1 Bath
|
$395,000
-1.25%
09/15/2023
|
Kira Forman
Douglas Elliman Real Estate
| |
|
11/17/2013
|
1 Bed
|
1 Bath
|
-
|
$375,000
1 Bed
1 Bath
|
$400,000
+6.67%
02/15/2014
|
Kira E.
Coldwell Banker Warburg
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017