235 Berkeley Place #1
About This Property
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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 |
|---|---|---|---|
| Feb 5, 2019 | No longer available | - | |
| No longer available | |||
| Feb 4, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2018 | In contract | - | |
| In contract | |||
| Sep 21, 2018 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Sep 4, 2018 | Listed by Corcoran Group | $425,000 | |
| Listed by Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2025
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$615,000
+2.67%
01/12/2026
|
JOSEPH CONLEY
Brown Harris Stevens Brooklyn LLC
| |
|
03/12/2024
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$636,000
+6.18%
06/04/2024
|
Mallory Bogard
Serhant
| |
|
11/01/2020
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$657,500
-5.40%
03/18/2021
|
Brandon Bogard
Serhant LLC
| |
|
08/19/2020
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$610,000
+2.52%
10/27/2020
|
Brandon Bogard
Serhant LLC
| |
|
08/11/2020
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$415,000
-2.35%
11/25/2020
|
Rhoda Dunn
Compass
| |
|
09/04/2018
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$385,000
-9.41%
02/04/2019
|
Charles Pigott
Corcoran Group
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$389,000
1 Bed
1 Bath
|
$389,000
09/04/2013
|
Myrel Glick
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017