64 Berkeley Street
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Colonial Manor Realty | $899,900 | |
| Listed by Colonial Manor Realty | |||
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Exquisite in every way, yet needs repairs & updating. With incredible features both inside & out, this home was chosen as "the countries MOST popular home design" in 1912. The home exudes the character & personality that is not easy to find, while sitting graciously between two multi-million dollar homes, on what is sure to be one of Massachusetts, let alone Reading's MOST beautiful streets. This amazing opportunity is for those seeking the ability to transform a stunning home to its former glory. The options are endless...restore it within the existing space for a breathtaking home, or add-on to create a larger, more expansive "forever" home. The lot alone is worth the price of admission...flat, spacious, & likely accommodating to your hearts desire. Irreplaceable features include gorgeous wood fls, 2 FP's, a dramatic staircase, built-ins, crown moldings, cathedral window trim, board & batten ceilings & a dreamy side porch. You'll know it's a SPECIAL place the minute you arrive!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017