3342 Banbury Lane
About This Property
Exceptional opportunity to build your dream home in the highly sought-after Camelot gated community in Northeast Merced. This prime lot offers the perfect blend of privacy, security, and location. Surrounded by well-maintained custom homes and mature landscaping, Camelot is known for its pride of ownership and peaceful atmosphere.
Ideally situated near shopping, dining, schools, parks, and just a short drive to UC Merced and Mercy Medical Center, this location provides both convenience and exclusivity. Whether you're looking to build your forever home or invest in one of Merced's most desirable neighborhoods, this lot presents a rare opportunity.
Don't miss your chance to own in one of Northeast Merced's most prestigious gated communities.
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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 26, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by Keller Williams Property Team | $165,000 | |
| Listed by Keller Williams Property Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017