261 Gardner St
About This Property
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 15, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Gibson Sotheby's International Realty | $925,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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A rare offering, this 1740 antique home sits on a former farm and lives like a private compound. The estate includes a main residence, stand-alone cottage with plumbing for a full bath, and an unfinished barn with electricity ready to be reimagined as a home office, studio, or bonus entertaining space. Surrounded by mature landscaping, it offers a whimsical, private retreat. The two-bed, two-bath home retains historic charm with wide plank floors, exposed beams, gas fireplaces, and a remarkable hearth once serving as the original kitchen. Perfect for entertaining, it features a large living and dining room, an eat-in kitchen with pantry, and a bright bonus room that could convert into a first-floor primary suite. Privately set yet near Route 3 and Derby Plaza, this property blends history, character, and convenience—an exceptional value at this price point. First Open House Sunday, September 7th from 12-2pm.
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| Nov 21, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017