2401 CARLETON ST
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by COMPASS | $1,195,000 | |
| Listed by COMPASS | |||
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2401 Carleton Street is a thoughtfully maintained traditional corner-lot home bridging Berkeley's University and Elmwood neighborhoods. The property balances original character with meaningful improvements in one of the city's most accessible areas. Inside, the light-filled layout offers comfortable living and dining spaces with natural flow. Well-proportioned bedrooms and split-level design accommodate work-from-home needs, guests, or creative space. With 2.5 baths, the home suits growing families, house hackers, or investors. Recent improvements include interior/exterior paint, kitchen refresh, decommissioned knob-and-tube wiring, new front door, and water heater. Outdoor living stands out. The yard has been reconfigured for usability and privacy—driveway space was converted to expand the patio, which was enclosed with fencing. The paved patio, rear pathway, and garden beds create a functional extension ideal for entertaining, gardening, or daily use. The quiet, tree-lined street is private yet close to Telegraph Avenue's cafés, shops, and transit, with convenient access to downtown, campus, and the East Bay. 2401 Carleton Street has been steadily improved and carefully maintained, positioned for its next owner to enjoy immediately and over time. Home energy score of 1.
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| Jul 15, 2016 | Sold | ||
| Sold | |||
| Jun 15, 2016 | Listed by THE GRUBB CO. INC. | $935,000 | |
| Listed by THE GRUBB CO. INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017