620 Berkshire Drive
About This Property
The chefs dream kitchen (and bathrooms) shine with granite countertops and beautiful white knotty alder cabinets. This home is enhanced with a water softener, a reverse osmosis system at the kitchen sink, and the water line to the fridge. Entire home has wood-look tile floors, 8 ft. doors and surround sound speakers (also on patio and in garage). 3 car garage, gorgeous landscaping and newly stained 8 ft. wood fence make this the perfect new place to call home. Be sure to ask your agent for the long list of updates in the MLS Docs. Seller also offering to paint the walls, ceiling and trim white prior to closing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2024 | Price Decreased |
$750,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Nov 15, 2024 | Relisted | $760,000 | |
| Relisted | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017