531 Berea Road
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 30, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Pointer & Associates | $174,900 | |
| Listed by Pointer & Associates | |||
| Jun 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 18, 2020 | Listed | $172,000 | |
| Listed | |||
| | |||
|
Home Sweet Home] Ranch Style Home with full front porch. Spacious family room, kitchen with new stainless/black appliances, including refrigerator, dining room or den, 3 Bedrooms, 1 full bath, laundry room w/cabinets and storage closet, new deck and new French doors, Pelican water purification system. The manager has listed the unit size as 1349 square feet.
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| Dec 13, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017