$354,000
●
House -
Off Market
507 Noble Court
Merced, CA 95348
4 Beds
2 Baths
2,336 Ft²
$486,512
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This Charming family home is an ideal first home and has plenty of
potential in such a great location in North Merced. This 4
bedrooms, 2 full bathrooms, 2,336 sqft it's full of charm with
features such as high ceilings, beautiful hardwood floors, formal
living room, Dining room, and Family room. It includes a
well-appointed kitchen with granite countertops, stainless steel
appliances, kitchen island with double sinks, a breakfast bar,
breakfast nook area and abundance of cabinetry storage. The
property boasts a huge, spacious master bedroom with ceiling fans,
a large master bathroom with a walk-in shower, a soaking tub, his
and her sink. Extra amenities are an indoor laundry room, gas
fireplace, custom 2 tones paint throughout, dual pane windows, and
a two+1 tandem car garage. This one-story home is made for low
maintenance and comfortable living, so you can just move straight
in.
Unit Size
2,336 Ft²
Days on Market
220 days
Land Size
0.16 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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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 #MC20030614)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed by Realty Executives Of Merced | $359,900 | |
| Listed by Realty Executives Of Merced | |||
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: Randy Hayer, Realty Executives Of Merced
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC20030614
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC20030614
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