3031 Berlin
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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by COMPASS | $774,000 | |
| Listed by COMPASS | |||
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Great house in quiet neighborhood. Discover your new home in a serene, friendly neighborhood between Maxwell Park and Laurel. This sophisticated, move-in ready residence features an open floor plan, seamlessly blending the living room and kitchen, perfect for entertaining. The stylish kitchen includes ample space, a large island/bar, and stainless steel appliances. Section 1 pest is $0. Sewer done. Original, refinished hardwood floors add warmth and character throughout. Enjoy energy-efficient AC and a gas fireplace for comfort in every season, plus two full baths! The partially finished basement offers a huge bonus space for a studio, office, or storage, along with a one-car garage with interior access. The property is sewer lateral compliant with excellent inspection reports. Completely renovated in 2018, the home includes new electrical and plumbing systems. Situated on a quiet street with excellent commuter access and friendly neighbors, this house is part of a community with an annual block party, fostering a close-knit atmosphere. Don’t miss the opportunity to own this gem!
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| Dec 1, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by Golden Gate Sothebys International Realty | $350,000 | |
| Listed by Golden Gate Sothebys International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017