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Charming Maisonette with Roof Terrace

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Living space
68
Bedrooms
1
Living rooms
1
Bathrooms
1
Rented since
10/2010
€270,040
€3,999/m²
BUYER COMMISSIONCommission-Free

Highlights

Historic building, dating to 1908, recently modernised

Quiet, garden-house location

Spacious, south-west facing sun terrace

High ceilings and lots of natural light

Very popular neighbourhood

Description

The Building

The five-storey, south facing building with its newly painted exterior consists of a front and garden house, with two connecting courtyards. Over the years, it has been continually modernized; the latest renovation was completed just this year. The 1- and 2-bedroom apartments have compact, practical layouts, offering the ideal set-up for singles and couples.

The Apartment

This charming and spacious rooftop maisonette offers an excellent opportunity in the middle of a beautiful neighbourhood. Located in the quiet garden-house, the well-proportioned living area is spread across two floors, with a bedroom, bathroom and kitchen on the lower floor, and a large living room on the upper floor, enjoying a lot of light and a spacious terrace to enjoy the sun. It offers the ideal combination of classic building aesthetic and modern living in one of Berlin’s most popular new neighbourhoods.

The Location

The calm, tree lined street offers relaxed Kiez living in the heart of an area currently enjoying a vibrant phase of regeneration. It enjoys good connections to public transport, with the underground line number 8 and S-Bahn ring close by proving easy access to the rest of Berlin. The location is surrounded on almost every side by beautiful green spaces, offering ample opportunities for sport and relaxation. To one side is the remarkable expanse of the former Tempelhof airfield, and on the other, the tranquil Thomashöhe, and Hasenheide public park.

Apartment ID:34
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FEATURES

3m Ceilings
Main Flooring: Floorboard
Cellar

APARTMENT DETAILS

Firing: Gas
Heating: Central
4th to 5th floor

DOCUMENTS

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Exposé
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Floorplan

Condition

Needs minor fixes

No costly repairs
Ready to move in
Flexibility of design
Visualization and dimensions of the 3D model are for illustrative purposes only and are not binding.

Return calculator

All projections are estimated for a period of 10 years.

RETURN CALCULATOR

Return on equity
8.26% p.a.
Down payment
€117,737
MONTHLY PAYMENT
€7/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€117,737
megaicons/down-payment
  • Purchase Price
    €270,040
  • Closing Costs
    €24,304
  • Opening Loan Balance
    €176,606
  • Initial Cash Investment
    €117,737
RETURN
Return on Equity
8.26% p.a.
  • Initial Cash Investment
    €117,737
  • Opening Loan Balance
    €176,606
  • Ending Cash Balance
    €312,891
  • Ending Loan Balance
    €126,976
GROWTH
Initial Operating Balance
€7/month
  • Initial Rental Income
    €439
  • Initial Rental Costs
    €64
  • Initial Loan Interest
    €368
  • Initial Operating Balance
    €7
Disclaimer: The projected financial performance is purely for illustrative purposes and does not constitute financial advice. The shown financial figures are estimations (“Performance Data”) only. Such Performance Data is based on the current expectations and certain assumptions, of which many are beyond the control of EverEstate Gmbh. These are subject to a number of risks, uncertainties and other factors. EverEstate Gmbh does not guarantee any Performance Data shown; future results and performance may be higher or lower than the Performance Data.
Charming Maisonette with Roof Terrace
Okerstraße 12, 12049 Berlin

LISTING PROVIDED BY:

ZIEGERT Bank- und Immobilienconsulting GmbH
Schlüterstr. 54
10629 Berlin
The Ziegert Group is Berlin’s leading Real Estate company, and cooperates internationally with Knight Frank. The team of over 200 highly qualified and motivated employees focuses on the sale of apartments, financial consulting, as well as interior design and other property-related services. The goal is to provide a full 360° service to customers in national and international markets.
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