$310,000
●
House -
Off Market
1147 Pinnacle Drive
Merced, CA 95348
5 Beds
2 Baths,
1
Half Bath
3,545 Ft²
$462,263
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Looking for space!?? Look no further.. This home boast 5 bedrooms
and 3 baths with 3,545 square feet and is located in North Merced!
Close to shopping and bus routes for UC Merced. Freshly painted and
new carpet/linoleum flooring throughout. Includes a loft upstairs
as well as walk-in closets in the bedrooms. There is a half
bathroom downstairs next to an over-sized laundry for your
convenience. Come take a look!!
Unit Size
3,545 Ft²
Days on Market
83 days
Land Size
0.14 acres
Price per sqft
$89
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #MC19088542)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | Listed by Real Brokerage Technologies, Inc. | $509,999 | |
| Listed by Real Brokerage Technologies, Inc. | |||
| | |||
|
Spacious 8-Bedroom Home Near UC Merced – Ideal for a Variety of Living Needs!
This 8-bedroom, 5-bathroom home offers an incredible opportunity in Merced. Originally a 5-bedroom, the home has been thoughtfully expanded with $60,000 in permitted work in 2023, adding 3 additional bedrooms and 2 bathrooms for enhanced functionality. The open-concept design flows from the kitchen to the living area, maximizing space efficiency.
Conveniently located near UC Merced, shopping, and local amenities, this home offers ample room for comfortable living. Whether you're looking for multi-generational living, extra space for work or hobbies, or a property with strong rental potential, this home is a fantastic investment at an unbeatable price.
| |||
| Nov 20, 2022 | No longer available | - | |
| No longer available | |||
| Nov 5, 2022 | Relisted | $425,000 | |
| Relisted | |||
| Oct 8, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Merced
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Listed by: Christopher Rogers, Tinetti Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19088542
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19088542
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