2366 CEDAR ST #3
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%.
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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.
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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$525,000
↓ $22K
(4%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by BHG Reliance Partners | $547,000 | |
| Listed by BHG Reliance Partners | |||
| |||
|
Berkeley's most coveted neighborhood — rare opportunity at an attainable price. Tucked into a quiet, tree-lined street in North Berkeley, this charming condo sits within a character-rich 1926 Tudor building just blocks from UC Berkeley, the Gourmet Ghetto, world-class dining including Chez Panisse and Cheeseboard Pizza, and Downtown Berkeley BART. Inside, enjoy gleaming hardwood floors, a sun-filled living room, a tastefully tiled bathroom, and a functional kitchen with ample storage. Recent improvements include fresh interior paint, plumbing upgrades, foundation-related improvements, and a new mini-split heating and cooling system. Low HOA dues of just $200 per month help keep ownership costs manageable, while the building has benefited from more than $200,000 in improvements since 2016. Additional amenities include dedicated parking, private storage, shared laundry, and a spacious communal backyard with mature trees. Whether you're a first-time buyer, UCB parent looking to build equity instead of paying rent, or a Bay Area professional seeking a walkable lifestyle — this is an incredible opportunity to own in one of the East Bay's most supply-constrained markets.
| |||
| May 27, 2016 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2026
|
1 Bed
|
1 Bath
|
500 ft²
|
$547,000
1 Bed
1 Bath
500 ft²
|
$532,000
-2.74%
08/10/2026
|
Derek Han
BHG Reliance Partners
| |
|
08/26/2016
|
3 Bed
|
1 Bath
|
1400 ft²
|
$799,000
3 Bed
1 Bath
1400 ft²
|
$825,000
+3.25%
10/05/2016
|
Devin Ratoosh
Red Oak Realty
| |
|
05/13/2016
|
1 Bed
|
1 Bath
|
500 ft²
|
$399,000
1 Bed
1 Bath
500 ft²
|
$500,000
+25.31%
05/27/2016
|
Carolyn Jones
THE GRUBB CO. INC.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017