280 E Olive
About This Property
Step inside to an inviting layout with a bright living area, comfortable bedrooms, and a functional kitchen ready for your personal touches. The property offers a spacious yard with endless potential-garden space, play area, or future outdoor entertaining.
Conveniently located near schools, shopping, restaurants, UC Merced and freeway access, this home provides both comfort and convenience. Don't miss your chance to own a well-priced home in the heart of Merced!
Schedule your private tour today!
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by First 1st Choice Realty Group | $289,000 | |
| Listed by First 1st Choice Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017