$299,000
●
House -
Off Market
1520 Esplanade Drive
Merced, CA 95348
4 Beds
2 Baths,
1
Half Bath
2,338 Ft²
$452,307
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Beautifully maintained home in North Merced. Light and bright
open concept with living/ dining combo, all bedrooms and laundry
room upstairs, pretty laminate wood flooring, eat-in kitchen
with center island, fully landscaped, private backyard, great for
family and entertaining. Come take a look and make it yours!
Unit Size
2,338 Ft²
Days on Market
49 days
Land Size
0.13 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #MC18181273)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Horizon Journey Inc | $510,000 | |
| Listed by Horizon Journey Inc | |||
| | |||
|
Gorgeous two-story house in desirable El Redondo neighborhood in North Merced. High ceiling in living room, open concept kitchen connects to spacious family room with built-in cabinets and lots of windows. Upgraded floor throughout, no carpet, very clean and easy to maintain. Two-zone central heating and cooling with two smart thermostats Nest. Two-tone interior painting. Pantry and luxurious microwave, 5 burner gas stove in the kitchen. Upstairs have master suite room and 3 hallway bedrooms. Walk-in closet in the master suite. Each bedroom has ceiling light/fan. Washer and dryer in the laundry room will stay. Beautifully landscaped. Tile roof, double paned windows, attached two car garage with automatic garage opener. Don't miss this awesome opportunity to own such a big and well-maintained house in North Merced.
| |||
| Jan 19, 2022 | No longer available | - | |
| No longer available | |||
| Jan 6, 2022 | Listed by Realty One Group Infinity | $438,000 | |
| Listed by Realty One Group Infinity | |||
| | |||
|
Beautifully home in North Merced, very close to UC Merced perfect for investment and/or a larger family. Sunny, Light and Bright open floor plan concept with living room and dining room combo. All bedrooms and laundry room are upstairs. Gorgeous Eat-in kitchen with center island ready for large family gatherings and entertaining friends . This home is fully landscaped with a private backyard. The manager has listed the unit size as 2374 square feet.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Merced
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Listed by: Kelly Perry, Century 21 Salvadori Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC18181273
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC18181273
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