2251 Gardner Avenue
About This Property
Proudly owned by the same family for over 60 years, this charming 3-bedroom, 1-bath bungalow in the heart of Berkley is ready for its next chapter. Bring your HGTV ideas and turn this well-loved home into your dream space! Features include a spacious fenced backyard with mature trees, perfect for relaxing or entertaining, and a unique 3-season porch complete with a built-in grill. A rare opportunity to own a solid home with character, in a fantastic location - just waiting for your personal touch!
Located in a vibrant walkable community you're steps from lush parks, top ranked schools, and a lively downtown. Commuting is easy thanks to nearby highways.
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by RE/MAX Platinum | $274,900 | |
| Listed by RE/MAX Platinum | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017