2104 Spaulding Ave
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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 |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by COMPASS | $995,000 | |
| Listed by COMPASS | |||
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Discover a beautifully updated 1924 Berkeley bungalow at 2104 Spaulding Avenue, blending vintage charm with over $140,000 in thoughtful upgrades. This two-bedroom, one-bath home offers comfort, character, and peace of mind. Major renovations include an upgrade sill plate with enhanced framing, insulation, and stucco, a 200-amp electrical service, and Milgard fiberglass plus custom Jeld-Wen double-pane windows. The garage has been seismically retrofitted with a new roof and sill plate. Modernized systems feature a high-efficiency furnace with hospital-grade MERV-16 filtration, new ducting, water heater, and automatic gas shutoff. Plumbing upgrades include a copper water main, updated sewer line, and sewer lateral. Inside, enjoy a remodeled bathroom with custom vanity and luxury vinyl plank flooring, fresh doors, a counter-depth refrigerator, and a washer/dryer. Outdoors, relax in a private garden with a redwood and fire-resistant MOSO® bamboo porch, new pavers, turf, raised beds, fruit trees, and redwood fencing. Located in Central Berkeley near BART, Trader Joe’s, cafes, and parks, this turnkey home combines convenience with lasting quality.
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| Jun 8, 2017 | Sold | ||
| Sold | |||
| May 3, 2017 | Listed by RED OAK REALTY | $699,000 | |
| Listed by RED OAK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017