$388,000
●
House -
Off Market
2011 E. Olive
Merced, CA 95340
3 Beds
2 Baths,
1
Half Bath
2,733 Ft²
$635,646
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Enter through the wrought iron security gate. Entry has ornate tile
and beautiful wood walls. The kitchen has granite counters, island
with sink, double ovens, flat top stove, trash compactor, breakfast
nook. The beautiful family room has fireplace with large brick
hearth, french doors, high beamed ceilings and built in cabinetry.
Step down to an inviting living room to experience more cabinetry,
french doors, skylight, plant shelves. 3 bedrooms, 2.5 baths and
indoor laundry. There is actually a large 4th bedroom but unknown
if built with permits. Huge backyard with a pool for entertaining a
large number of guests. Backyard boasts beautiful trees, pool with
diving board and 2 sheds. This is a wonderful custom home waiting
for the perfect family.
Unit Size
2,733 Ft²
Days on Market
140 days
Land Size
0.65 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #MC17125623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Century 21 M&M And Assoc., Mer | $399,900 | |
| Listed by Century 21 M&M And Assoc., Mer | |||
Property Highlights
Garage
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Merced
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Listed by: Sheila Splitt, Century 21 M&M And Assoc., Mer
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17125623
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC17125623
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