$355,000
●
House -
Off Market
1276 Carolina Drive
Merced, CA 95340
4 Beds
2 Baths
2,198 Ft²
$519,218
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Classic "Harris Acres" Location, just off of N. E. Bear Creek Dr.
This lovely updated 4 bedroom home has a lot to offer, such
as newer tile entry, carpet, paint, windows, doors, bathroom
granite counter top, lighting & plumbing fixtures, Kitchen Corrian
counter tops, sink, stove & refrigerator and a brand new Central
Heat & Air Conditioning unit* . This bright & sunny kitchen
has a large breakfast bar, nook area and open to the living room
with a masonry wall fireplace. Formal dining and adjoining
family room. Large bedrooms with a Jack & Jill floor plan
design. Spacious front and back yards with mature landscaping
on this 13,500 sq.ft. lot. This charming home is move-in
ready, come and see for yourself. *Sellers WILL pay for a new
Central Heating & Air Conditioning unit, by putting the bill into
escrow at closing. Escrow is pre-opened with TransCounty
Title Co. with Annette Heikkila 18-01037-AMH.
Unit Size
2,198 Ft²
Days on Market
564 days
Land Size
0.31 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 5 months ago (CRMLS #MC17216253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Sep 18, 2017 | Listed by Century 21 Salvadori Realty | $349,900 | |
| Listed by Century 21 Salvadori Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Merced
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Listed by: Audrey Searcy, Century 21 Salvadori Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17216253
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17216253
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