395 Berkley Drive
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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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by eXp Realty, LLC | $569,000 | |
| Listed by eXp Realty, LLC | |||
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Family Paradise on over three quarters of an acre! Don’t miss this rare opportunity to own a property located in heart of historic Montgomery. An entertainers Dream Home filled w/beautifully landscaped grounds & endless unique details including; a Pool w/3 waterfalls equipped w/a heater & CHILLER, Fire Pit, Children’s Play structure, Raised Gardens, Zipline, Water softener, & much more! Enjoy refined living inside an open floor plan home w/large windows providing picturesque views throughout the amble living areas that extend to the home office. Escape to the master retreat privately located downstairs w/scenic views of the backyard oasis. The spa-like ensuite has his/her vanities, large soaking tub + sep shower. The Golf Cart friendly community of Buffalo Springs is the best of both worlds; small town feel w/easy access to the neighborhood pond, library, downtown restaurants, mini-golf, wine tasting, & highly exclusive annual events. All of this in the prestigious/highly rated MISD
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| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by CB&A, Realtors | $495,000 | |
| Listed by CB&A, Realtors | |||
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Step into your own private oasis. Owning this magnificent home will be like being on vacation everyday of your life. This like new custom home sits on just under an acre which has been meticulously landscaped and includes top of the line children's play structure, raised gardens, a fenced in covered patio, a conversation fire pit with stone retaining wall, a gorgeous pool accented with slate complete with pool heater AND chiller! This prime location is walking distance to the adorable downtown Montgomery with regular happenings like farmers markets, sip and stroll, popular boutiques and five start restaurants. This tiny up and coming town boasts low tax rates, excellent schools, prime location and a tight knit community. Montgomery is not just a town...its a lifestyle.
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About Buffalo Springs
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$2,700 /mo
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98436640
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Address: 335 Madison Avenue, New York, NY 10017