1351 Capistrano Way
About This Property
1351 Capistrano Way exemplifies pride of ownership and meticulous care. Situated on a peaceful cul-de-sac in desirable north Merced, this property offers a prime location near the Bear Creek bike path, combining convenience with serenity.
The immaculately landscaped grounds feature a sparkling pool and spa, creating an ideal setting for relaxation and outdoor entertainment. Inside, the home is designed for both style and practicality, with durable tile flooring in the main living areas for easy maintenance.
French doors in the family room and primary bedroom provide seamless access to the backyard, enhancing the connection between indoor and outdoor spaces. The kitchen is equipped with a 4-burner gas range and griddle, perfect for culinary enthusiasts.
Energy efficiency is a priority, with a ductless system in the main living area ensuring year-round comfort. Numerous updates throughout the home add to its appeal, creating a modern yet inviting atmosphere.
This exceptional property combines thoughtful design, quality updates, and a sought-after location. Contact us today to schedule a private tour of 1351 Capistrano Way.
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by BHGRE Everything Real Estate | $560,000 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017