3940 Temple Court
About This Property
SPACIOUS MANSIONETTE HOME IN QUIET NORTH MERCED CUL-DE-SAC.
Located near Mercy Hospital, Merced College, shopping and UC Merced. This beautiful home offers comfort and space in a peaceful setting. With 1937 sq. ft., this well-maintained residence features three generous bedrooms and two large bathrooms.
Inside, you will find a formal living room with a cozy fireplace and built ins. Formal dining room is perfect for entertaining. The light and bright kitchen includes charming breakfast nook and loads of natural light. The spacious laundry room features a sink and additional space for a desk or workstation.
The primary bedroom boasts a built-in vanity, large walk-in closet, and plenty of room for a sitting area.
This home also offers a large two car garage, and spacious rear yard with covered patio ideal for relaxation or outdoor gatherings.
This is a great opportunity to own a well-appointed home in a desirable Merced location.
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$425,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 9, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017