216 Berlin Rd
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by William Raveis R.E. & Home Services | $1,025,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Introducing this stunning Colonial located on private cul-de-sac. As you enter the home, you are greeted by a spacious 2 story foyer with turned staircase. The cabinet packed bright & cheery kitchen is a highlight of the house that leads to an oversized maintenance free composite deck overlooking the sprawling private backyard with beautiful mature trees, garden area & shed. The sun-filled sunken family room with a cozy fireplace is the perfect spot to relax & unwind. The primary bedroom suite is a true retreat, with 2 walk-in closets, a luxurious spa-like bathroom & a versatile bonus room offering tree-top & sunset views. Desirable 1st floor office with direct access to a bathroom is a convenient option for overnight guests as well. Other features of this distinctive home include dual staircases, beautiful hardwood flooring, large rooms, soaring ceilings, skylights, sun-soaked spaces & rich trim throughout.Fin walk-out lower level with expansion space is roughed for a bathroom. Wow!
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| Nov 27, 2019 | Sold | ||
| Sold | |||
| Aug 7, 2019 | Listed by William Raveis R.E. & Home Services | $699,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jul 31, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017