831 Berkley PLACE
About This Property
831 Berkley Place can be yours!! The current owners have loved it for over 27 years!! This home boasts of NEW 50 YEAR SHINGLE ROOF. Completed in June of 2022. New Gas hot water heater 2018. Hot water heater has capability of converting to electric if so desired. Did I mention the New AC in November 2021? Also, a Beautifully Updated Kitchen with Solid Maple Cabinetry, Soft close doors, Granite Countertops and a Moveable Island that is also a Table. Vaulted Ceilings greet you as you enter this Great Room plan. There is also a nursery with Custom Built in Shelving. Lots of open space for all of your Social Gatherings with Friends and Family. Vaulted ceilings and a Wood Burning Fireplace for those rare chilly evenings. There is also a separate area that could easily be a reading area or play room. Did I mention the Salt water pool? The saltwater pool chlorinator was recently replaced as well. The storage is amazing with an abundance of space as well as a shed out in the yard. This home also has Hurricane Windows and Doors!! What are you waiting for??!! Centrally located to two major airports and a stones throw to the Beautiful, Famous, Clearwater beach.
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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 |
|---|---|---|---|
| Jan 12, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by EXP REALTY LLC | $499,900 | |
| Listed by EXP REALTY LLC | |||
| Nov 9, 2022 | No longer available | - | |
| No longer available | |||
| Aug 23, 2022 | Price Decreased |
$520,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Aug 11, 2022 | Relisted | $535,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017