$160,000
●
House -
Off Market
3276 Phoenix Way
Merced, CA 95348
4 Beds
2 Baths
1,476 Ft²
$247,769
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Here is an opportunity to own a 4 bedroom 2 full bath home with
1476 sq ft. Home features central heat/air, fireplace in the family
room and covered patio. Huge backyard for entertaining. Single
family home is located near shopping centers, schools, parks and
employment. Home does need some cosmetic work to make it shine.
Great for first time homebuyers! Don't Miss This One!
Unit Size
1,476 Ft²
Days on Market
29 days
Land Size
0.25 acres
Price per sqft
$105
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #MC17130297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2018 | Sold | ||
| Sold | |||
| Jan 8, 2018 | Listed by Keller Williams Bay Area Estates | $245,500 | |
| Listed by Keller Williams Bay Area Estates | |||
 | |||
|
This spacious 4 bedroom, 2 bathroom, 1,476 sqft interior home is great for all. Built in 1976 this home has a lived-in charm. With a lot size of 10,890 sqft. and automatic sprinklers it is perfect for gatherings, gardening, the possibilities are endless. Located just minutes away from shopping sites, restaurants, schools, parks, banks, freeways you will find the convenience monumental. . This home was just renovated, so bring your design eye as this property is ready for your personal touch!
| |||
| Jul 7, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Elite Norcal Corporation | $155,000 | |
| Listed by Elite Norcal Corporation | |||
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: Pravin Lal, Elite Norcal Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC17130297
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC17130297
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