2669 Atlantic Street
About This Property
Welcome to 2669 Atlantic Street - an incredible opportunity in one of North East Merced's most desirable locations! Situated on over 1 acre, this property offers space, potential, and a location that's hard to beat. Just minutes from shopping, UC Merced, Mercy Medical Center, and Yosemite Lake, you'll enjoy both convenience and the tranquility of a spacious lot.
This as-is home is ready for your vision and personal touch. Whether you're an investor looking for your next project or a buyer eager to create your dream home, this property is a true diamond in the rough with endless possibilities.
Don't miss your chance to own a piece of Merced with room to grow - both inside and out.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | Listed by BHGRE Everything Real Estate | $525,000 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017