$424,000
●
House -
Off Market
1933 El Portal Drive
Merced, CA 95340
4 Beds
2 Baths,
1
Half Bath
2,263 Ft²
$691,437
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
New Construction... Just completed, beautiful 4 bed 2 1/2 baths 3
car garage. 2263 sq ft. Front and back yards fully landscaped. Open
floor plan great for entertaining. BeautifulEngineered hard wood
floors throughout living area with carpet in bedrooms. Quartz
counter tops throughout the home. stainless steel appliances, Crown
molding, can lighting, ceiling fans in all bedrooms, floor to
ceiling rock surrounds direct vent gas fireplace in family room,
large master bedroom with sliding glass door to backyard. Master
bathroom with Shower and separate soaking tub, large vanity with
double sinks and a double door walk-in closet. Lots of cement
and patio cover in back yard. Must see to appreciate all the Extras
the builder has put into this home. Energy efficient home.
Unit Size
2,263 Ft²
Days on Market
83 days
Land Size
0.16 acres
Price per sqft
$192
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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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 #MC17180800)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Aug 5, 2017 | Listed by Century 21 Salvadori Realty | $435,000 | |
| 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
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Merced
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Franci Davis, Century 21 Salvadori Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC17180800
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC17180800
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