$345,000
●
House -
Off Market
2021 Teak Avenue
Merced, CA 95340
3 Beds
2 Baths,
1
Half Bath
2,581 Ft²
$517,363
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
NEW PRICE! Original Owner selling this Wonderful 3 bedroom 2 1/2
bath home, a total of 2,581 sq. ft.Home has a Large formal
living room & dining room. It has a Grand Family room with a one of
a kind Brick Fireplace bricked along the one wall,with hearth &
mantel, beam ceiling, lovely hardwood floors. Room flows nicely
into kitchen,so you never miss out on family and friends while
entertaining.Kitchen has a Jenn Aire cook top & lots of cabinets
Home has a large indoor laundry room, in wall ironing board,
large pantry, & 1/2 bath. Master suite has 3 closets & access to
patio from bedroom. Lots of storage & cabinets in in the hall.Enjoy
a 352 sq. ft. addition of an awesome Sun room that is heated &
cooled all Permitted,so you can enjoy your back yard during any
weather. Sun room is All Glass, making it a very peaceful room.
Entry & hall has slate flooring, whole house fan, newer roof and
HVAC, mostly has dual pane windows. 2 water heaters. In back yard
you have a cute play house that was built in 1935 great for kids,
it is so cute. Lattice patio & yard art fountain to enjoy, low
maintenance back yard & tool shed. Plus you have a nice over
sized garage, with lots of storage. Large corner lot, with lots of
off street parking.Close to schools, churches & not far from the
community Black Rascal,membership to nice pool,that you could
join. Private water district,this is a nice county pocket in town.
Also Not in a Flood Zone, means No Flood
Insurance.https://youtu.be/kBI8tnd2S0Q
Unit Size
2,581 Ft²
Days on Market
96 days
Land Size
0.25 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #MC20041404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2020 | Listed by Roberta Flanagan Realtor, Inc | $369,000 | |
| Listed by Roberta Flanagan Realtor, Inc | |||
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: Kay Flanagan, Roberta Flanagan Realtor, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC20041404
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC20041404
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