$355,500
●
House -
Off Market
1615 Loughborough Drive
Merced, CA 95348
3 Beds
2 Baths
1,263 Ft²
$1,768
Est. Monthly
About This Property
AMAZING PRICE IMPROVEMENT! DON'T LET THIS ONE PASS YOU BY!
Turnkey Corner-Lot Gem in Merced –Renovated 3 Bed / 2 Bath
Welcome to this beautifully renovated single-family home nestled on a spacious 6,962 sq. ft. corner lot in the heart of Merced. Featuring 3 bedrooms and 2 bathrooms across 1,263 sq. ft. of stylish living space, this turnkey property has been thoughtfully updated throughout for modern comfort and convenience.
Step into an inviting open layout enhanced by new laminate flooring, fresh interior and exterior paint, and custom blinds. The stunning kitchen is a true showstopper, boasting brand-new cabinets, granite countertops, full backsplash, stainless steel appliances, and a sleek new sink and faucet-ideal for both everyday living and entertaining. New Water heater
Outside, enjoy freshly landscaped front yard with sprinkler system, RV parking, and the benefits of a prominent corner lot. Recent 2024 renovations ensure peace of mind and a move-in-ready experience.
Conveniently located near shopping, schools, and commuter routes, this home offers the perfect blend of comfort, style, and accessibility.
Don't miss your chance to own this beautifully updated Merced gem-schedule your private showing today!
Turnkey Corner-Lot Gem in Merced –Renovated 3 Bed / 2 Bath
Welcome to this beautifully renovated single-family home nestled on a spacious 6,962 sq. ft. corner lot in the heart of Merced. Featuring 3 bedrooms and 2 bathrooms across 1,263 sq. ft. of stylish living space, this turnkey property has been thoughtfully updated throughout for modern comfort and convenience.
Step into an inviting open layout enhanced by new laminate flooring, fresh interior and exterior paint, and custom blinds. The stunning kitchen is a true showstopper, boasting brand-new cabinets, granite countertops, full backsplash, stainless steel appliances, and a sleek new sink and faucet-ideal for both everyday living and entertaining. New Water heater
Outside, enjoy freshly landscaped front yard with sprinkler system, RV parking, and the benefits of a prominent corner lot. Recent 2024 renovations ensure peace of mind and a move-in-ready experience.
Conveniently located near shopping, schools, and commuter routes, this home offers the perfect blend of comfort, style, and accessibility.
Don't miss your chance to own this beautifully updated Merced gem-schedule your private showing today!
Unit Size
1,263 Ft²
Days on Market
104 days
Land Size
0.16 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 2 years ago (CRMLS #MC25111099)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$359,999
↓ $15K
(4%) | |
| Price Decreased | |||
| Jul 4, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
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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: Conchita Swiggart, London Properties Ltd - Merced
Last Updated: 2 years ago
Data Source: CRMLS, MLS# MC25111099
Last Updated: 2 years ago
Data Source: CRMLS, MLS# MC25111099
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