$165,000
●
House -
Off Market
3151 Cherokee Avenue
Merced, CA 95340
3 Beds
2 Baths
1,295 Ft²
$274,522
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Very Neat and Remodeled home. SEE SUPPLEMENTS ATTACHED FOR FULL
DETAILS...ALL CASH BUYERS ONLY !!!! 3 bedrooms, 2 Bath 1,295
sq ft on a 8,712 sq ft Corner Lot. built in 1964, A
foundation specialist is going to provide a detail summary of
suggested repairs address some settling and stucco concerns,
Current SALES PRICE is reduced the price for all said repairs as
per the foundation issues. Call listing agents for more details.
Unit Size
1,295 Ft²
Days on Market
45 days
Land Size
0.20 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 5 months ago (CRMLS #MC19042828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Nov 10, 2025 | Listed by EXP Realty of California, INC | $385,000 | |
| Listed by EXP Realty of California, INC | |||
| | |||
|
A beautifully updated corner-lot home in a well established Merced neighborhood. This 3 bedroom 2 bath home offers approximately 1,295+ sq ft of living space on a large 8,534 sq ft lot. Recently refreshed inside and out, the home features new interior and exterior paint, gorgeous LVT flooring and tastefully remodeled bathrooms. The bright floor plan provides an easy flow from living room to the kitchen and dining area, making it perfect for everyday living and entertaining. The spacious lot offers room for outdoor enjoyment, gardening, RV/boat parking potential or future expansion. Centrally located near schools shopping and commuter access. This home is truly move-in ready.
| |||
| Apr 11, 2019 | Sold | ||
| Sold | |||
| Feb 25, 2019 | Listed by Roberta Flanagan Realtor | $185,000 | |
| Listed by Roberta Flanagan Realtor | |||
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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About Merced
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Listed by: Terry Priest, Roberta Flanagan Realtor
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19042828
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19042828
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