618 Berkley Drive
About This Property
Step inside and you'll immediately notice the designer touches-custom white oak cabinets, sleek quartz countertops, and stainless steel appliances in a kitchen that was made for both everyday living and entertaining. The open layout flows effortlessly into the dining and living areas, with a cozy fireplace that makes it feel like home the second you walk in. Upstairs, the primary suite feels like your own private escape, featuring a gorgeous bathroom with a walk-in shower. The secondary bedrooms are spacious and bright-perfect for kids, guests, or even a home office. Out back, the oversized yard is ready for BBQs, birthday parties, or simply enjoying a peaceful evening under the stars. Bonus: the solar panels are fully paid off, and the HVAC was replaced in 2022, so you can enjoy energy efficiency and peace of mind. And the location? It doesn't get better. You're minutes from Hotel Vin, Grapevine's dining and shopping scene, TexRail to DFW and Fort Worth, and major highways that make getting around a breeze. If you've been waiting for that just right home in Grapevine-this is it.
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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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Texas Ally Real Estate Group | $575,000 | |
| Listed by Texas Ally Real Estate Group | |||
| May 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 1, 2025 | Listed by Texas Ally Real Estate Group | $585,000 | |
| Listed by Texas Ally Real Estate Group | |||
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House fully appraised! Just steps from the highly desired Grapevine Main Street & top rated schools, this fully renovated home blends timeless charm with modern luxury. Inside, you’ll find beautiful designer finishes, a dining area overlooking the chef’s kitchen with custom white oak cabinetry, quartz countertops, stainless steel appliances, and tons of storage. The kitchen flows right into the spacious living room with a fireplace, making it perfect for entertaining. Upstairs, the primary suite is a true retreat with a stunning bath and walk-in shower, while the generously sized secondary bedrooms offer plenty of space for everyone. Outside, the expansive backyard is perfect for gatherings and making memories. Plus, the home comes with fully paid-off solar panels and a newer HVAC (2022) for energy efficiency. With easy access to major highways, TexRail to DFW Airport and Fort Worth, and just minutes from Hotel Vin, you’re right in the middle of Grapevine’s vibrant dining, shopping, and entertainment scene. Don’t miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017