511 Glendon Court
About This Property
Located just minutes from UC Merced, this home is surrounded by some of the area's top attractions. Take a morning stroll through Fahrens Park, enjoy a family picnic at Applegate Park, or spend weekends exploring the trails and wildlife at Merced National Wildlife Refuge. You're also a short drive from Lake Yosemite, Castle Air Museum, and Downtown Merced's revitalized Main Street-home to historic theaters, coffee shops, restaurants, and boutiques. Whether you're looking for nature, culture, or convenience, 511 Glendon Ct offers the best of Merced living in a move-in ready home.
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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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Feb 6, 2026 | Price Decreased |
$435,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by CA Flat Fee Listings, Inc | $455,000 | |
| Listed by CA Flat Fee Listings, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017