7121 NORFOLK RD
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | No longer available | - | |
| No longer available | |||
| Jul 18, 2024 | Listed by Compass | $2,595,000 | |
| Listed by Compass | |||
| | |||
|
7121 Norfolk embodies the visionary dream of master designer Phillip Perkins, sited atop Claremont Hills to capture breathtaking panoramic views of 3 iconic bridges. As an elegant beacon amidst lush, mature gardens, this residence offers a tranquil oasis of creativity and solace. The main floor seamlessly integrates indoor and outdoor spaces, with a warm, ambient kitchen featuring a raised banquet overlooking the stunning vistas. Large arches and pillars accentuate the open floor plan, complemented by a media/family room opening to a BBQ deck. For the current owner - the home accommodated diverse needs, including a renowned collection of carousel horses, musical recordings, and a vast library, catering to the demands of an illustrious career in TV, film, and sound recording. The residence exemplifies architectural brilliance and thoughtful design, highlighted by expansive windows bathing living spaces in natural light. Beyond its walls, a private driveway leads to an oversized 2-car garage with additional versatile rooms, ideal for offices or storage. Nestled in the Berkeley Hills near Rockridge BART and major highways, the home offers unrivaled access to the Bay Area. 7121 Norfolk is more than a home; it is a sanctuary where craftsmanship meets the Bay Area's natural beauty.
| |||
| Dec 13, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017