$200,000
●
House -
Off Market
1402 W 22nd Street
Merced, CA 95340
3 Beds
2 Baths
1,302 Ft²
$318,330
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Cute home on corner lot. Hard wood floors in living room. Nice
fireplace in Living room, large formal dining room with lino but
hard wood under it. 3 bedrooms 2 baths, Home has central heating
and cooling new 2013 and all new dual pane windows in 2010.
Attached 2 car garage. Lot is large on the side of home goes to
alley. Great for parking RV.s or garden. Nice kitchen with the
personality of yesterday, yet newer gas range, hood and dishwasher.
Island can stay and also Refrigerator also can stay. Lots of
storage in garage, nice 2 car garage with auto opener. Home is nice
West Gate location of Merced. R.V parking potential being on corner
lot and has alley access in back. Roof new is newer. Cute front
porch.
Unit Size
1,302 Ft²
Days on Market
44 days
Land Size
0.17 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #MC17189938)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Aug 16, 2017 | Listed by Roberta Flanagan Realtor | $199,900 | |
| Listed by Roberta Flanagan Realtor | |||
Property Highlights
Garage
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
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Merced
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Listed by: Kay Flanagan, Roberta Flanagan Realtor
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17189938
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17189938
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