470 Spruce St
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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by The GRUBB Company | $2,480,000 | |
| Listed by The GRUBB Company | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 10, 2021 | Listed | $1,995,000 | |
| Listed | |||
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David Gunderman - 510-205-4369 - With a rare combination of wide open 3-bridge views and level yards, 470 Spruce is a 5BD/3BA 2833 square foot level-in, level-out Mid-Century in Berkeley’s coveted Cragmont neighborhood. Gated and set back from the street for privacy, the home has been updated in a sophisticated, modern style with open concept common areas, well-appointed chef’s kitchen, spacious owner’s suite, family room, renovated baths, lushly landscaped, tranquil outdoor spaces, and a sleek two-car garage with internal access. The manager has listed the unit size as 2856 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017