$317,000
●
House -
Off Market
498 Glendon Place
Merced, CA 95348
4 Beds
2 Baths
1,751 Ft²
$461,087
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Look no further! This almost new home has beautiful upgrades
including quartz counters, stainless steel appliances, a tank-less
water heater, fully finished garage. The home includes more
than $15,000 in landscaping the features gorgeous man made turf
lawn among a beautifully planted garden that requires very little
maintenance. There is a pergola right off the sliding glass
door to give a little shade a privacy and all plants are on a drip
system. Lovely upgraded wood floors and carpet cover the
floors through out the home. All of this included and
close to the UC Merced Cattracks bus line, Dignity Hospital,
shopping and restaurants.
Unit Size
1,751 Ft²
Days on Market
50 days
Land Size
0.14 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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Cap Rate Calculator
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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 #MC19237515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | Listed by Keller Williams Property Team | $446,000 | |
| Listed by Keller Williams Property Team | |||
| | |||
|
This beautifully maintained north Merced home is move in ready. Close to UC Merced, Dignity Hospital, Merced Community College, shopping and restaurants. This newer home has beautiful upgrades including quartz counters, stainless steel appliances, kitchen island with breakfast bar, recessed lighting, tank-less water heater and fully finished garage. Lovely, upgraded wood floors and carpet throughout the home. Beautifully landscaped and features gorgeous man-made turf lawn that requires very little maintenance. There is a pergola right off the sliding glass door to give a little shade. All plants are on a drip system. MID electric. A must see!
| |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Oct 8, 2019 | Listed by BHGRE Everything Real Estate | $315,000 | |
| Listed by BHGRE Everything Real Estate | |||
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: Teri Kleinen, BHGRE Everything Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19237515
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19237515
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