2629 Berwick Road
About This Property
Discover the charm and potential of this 3-bedroom, 1-bath single-story home, perfect for first-time buyers or investors looking for a great opportunity. Featuring a classic stone front yard that adds to its curb appeal, this home also boasts a low-maintenance concrete backyard, ideal for outdoor gatherings or customization.
Inside, the home offers a solid layout with great bones, ready for your personal touch and updates to make it truly shine. Whether you're looking to renovate or move in and update over time, this home provides an excellent foundation to build upon.
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by eXp Realty LLC | $150,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017