$262,500
●
House -
Off Market
337 W 22nd Street
Merced, CA 95340
3 Beds
1 Bath,
1
Half Bath
1,978 Ft²
$402,186
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
WOW Great Price Reduction What a Buy! $265,000 for 3 bedrooms 1.5
baths, and 1,978 sq. ft. Step into the Grand Life style of
yesterday's living as you walk into this welcoming home. This
lovely restored home was built in 1900, 3 bedrooms 1 1/2 baths the
parlor has sliding doors to separate them. Seller has done a
lot of work to this home: New Foundation, front Porches front &
back, along with doors. Also dual pane windows, interior & exterior
new paint, new main sewer line and a new roof on home. Beautiful
new Granite counter tops in large country style kitchen and new
appliance's. Both levels have Newer HVAC units. New carpets &
curtains. This is a Lovely well cared for home in the heart of
Merced. Many upgrades have been completed, its been a Love of
the Owner. Ready to pass it on to a New Owner that will love this
Grand home. This home would be a Great B & B., vacation
rental or Personal home. Walking distance to Amtrak. Seller has had
pest inspection done & work, as well as Home inspections with
corrections having been completed. This is truly a Historic Gem.
Has Lots of Potential. This Home is like a New home but with the
charm and class of yesterday. What a value. NOthing to do but Move
into this Grand Home...Enjoy the style of yesterday with benefits
of today. Call for your showing today.
Unit Size
1,978 Ft²
Days on Market
119 days
Land Size
0.17 acres
Price per sqft
$134
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900
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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 #MC18163548)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by Roberta Flanagan Realtor | $265,000 | |
| 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
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: Kay Flanagan, Roberta Flanagan Realtor
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC18163548
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC18163548
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