962 Regal 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 |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by Winkler Real Estate Group | $499,000 | |
| Listed by Winkler Real Estate Group | |||
| May 22, 2025 | Price Decreased |
$650,000
↓ $225K
(25.7%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Update = Seller recently confirmed with Berkeley Planning Department that SB9 will be applicable for all lots in the R-1H zone for the foreseeable future (Buyer to verify) Use SB 9 to develop up to four units here! On this lot you can use SB 9, "by right", build either: A) One duplex plus 2 detached ADUs, or B) Two detached homes plus one detached ADU; (with no lot split and no owner occupancy requirements). Alternatively, you can simply use SB 9, "by right", build one single family home with an optional detached ADU. If the lot is split using SB 9, then there are many more configurations to consider. Check out these significant state laws that enable development: SB 9, SB 450, SB 1211, AB 1033. SB 9 projects are ministerially approved (i.e. “by right”), so they do not go through the use permit/public approval process. Since SB 9 became law in California in January 2022, several SB 9 projects have been approved in Berkeley’s R-1 and R-1H zones. Contact Berkeley's Planning Department to verify. Dimensions of the lot are 51F by 150F (7650 SF). The site is mostly flat with rolling terrain and good privacy next to Cragmont Rock Park. The rear of the property is studded with several giant California Redwoods which makes the site’s environment very beautiful. R-1H zone. APN 63-2975-11.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017