$425,000
●
House -
For Sale
3054 Silver Elm Court
Merced, CA 95340
4 Beds
2 Baths,
1
Half Bath
1,938 Ft²
$2,087
Est. Monthly
About This Property
This is a great opportunity for a solid 4-bedroom home on a quiet
cul-de-sac in a lovely Merced neighborhood! Proceed to the back of
the cul-de-sac and pull into the two-car garage of this 1,938
sq.ft. two-story home. The garage and front door both open
into a large entry/living room area. The kitchen, dining room,
pantry, laundry room, half bath, and Primary bedroom/bathroom are
all on the ground floor. There are 3 sliding glass doors on the
main floor that open to the private backyard, which features a
brand new fence. The floor plan is open so you can see down into
the kitchen and living room from upstairs. There are three more
bedrooms and a full bathroom upstairs. The yards require minimal
maintenance and the backyard features a patch of artificial turf
and some pavers with great shade cover most of the day. Excellent
family home or quality rental investment! Please come and see!
Unit Size
1,938 Ft²
Days on Market
114 days
Land Size
0.10 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
Listed By
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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: 2 months ago (CRMLS #MC26138437)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2026 | Relisted | $425,000 | |
| Relisted | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by Century 21 Select Real Estate | $425,000 | |
| Listed by Century 21 Select Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, DoorMulti
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), BedroomOnMainLevel, MainLevelPrimary
Flooring Type: Carpet, Laminate, Vinyl
Laundry Features: Laundry Chute, Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room, Gas
Exterior Details
Square Footage: 1938
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1988
Levels: Two
Pool Features: None
Lot Features: Cul-De-Sac, Near Public Transit
Lot Size Area: 4178
Lot Size Units: Square Feet
Lot Size Acres: 0.0959
Lot Size Square Feet: 4178
Tax Lot: 61
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
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: Ryan Searcy, Century 21 Select Real Estate
Last Updated: 2 months ago
Data Source: CRMLS, MLS# MC26138437
Last Updated: 2 months ago
Data Source: CRMLS, MLS# MC26138437
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