3692 N Gardner
About This Property
Welcome to a rare and incredible opportunity in highly desirable North Merced! Situated on just over 3 acres, this one-of-a-kind property offers the perfect blend of comfort, functionality, and room to live your lifestyle to the fullest.
The main residence spans over 2,500 sq. ft. and features 4 spacious bedrooms and 2.5 bathrooms, designed with both everyday living and entertaining in mind. Step into the expansive living room, where a stunning rock fireplace, rich wood ceilings, and a built-in wet bar create a warm, inviting atmosphere that's perfect for gatherings. The large kitchen offers plenty of space to cook, host, and make it truly the heart of the home.
Retreat to the ginormous master suite...a true sanctuary with space fit for royalty...offering comfort, privacy, and room to unwind.
Outside, the possibilities continue. The property boasts ample outdoor entertaining space, ideal for hosting, relaxing, or simply enjoying the peaceful surroundings. Need space for hobbies, business, or toys? The massive shop delivers in a big way...perfect for equipment, projects, or storage.
Adding even more value is the separate apartment, featuring 3 bedrooms and 1 bathroom...ideal for extended family, guests, or potential rental income. This is more than just a home...it's a lifestyle property with space, versatility, and opportunity all in one. Don't miss your chance to own a true North Merced gem!
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by London Properties Ltd, Atwater | $800,000 | |
| Listed by London Properties Ltd, Atwater | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017