$228,500
●
House -
Off Market
2611 1st Avenue
Merced, CA 95340
3 Beds
2 Baths
1,544 Ft²
$329,550
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
SELLER IS MOTIVATED!!! GENEROUS PRICE REDUCTION!!
What a Fantastic Ragsdale Location! This beautiful home features, 3 bedrooms, 2 bathrooms, hardwood flooring, updated kitchen, open floor plan! Bedrooms, and large lot. Owner will provide a flood cert with an accepted offer.
What a Fantastic Ragsdale Location! This beautiful home features, 3 bedrooms, 2 bathrooms, hardwood flooring, updated kitchen, open floor plan! Bedrooms, and large lot. Owner will provide a flood cert with an accepted offer.
Unit Size
1,544 Ft²
Days on Market
163 days
Land Size
0.20 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: 4 months ago (CRMLS #MC19098404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $225,000 | |
| Listed | |||
| | |||
|
SELLER IS MOTIVATED!!! GENEROUS PRICE REDUCTION!! What a Fantastic Ragsdale Location! This beautiful home features, 3 bedrooms, 2 bathrooms, hardwood flooring, updated kitchen, open floor plan! Bedrooms, and large lot. Owner will provide a flood cert with an accepted offer. The manager has listed the unit size as 1544 square feet.
| |||
| May 15, 2019 | Listed by Century 21 Salvadori Realty | $225,000 | |
| Listed by Century 21 Salvadori Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Merced
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Listed by: Conchita Swiggart, Century 21 Salvadori Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19098404
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19098404
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