5675 Merit Way
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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 |
|---|---|---|---|
| Oct 19, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Aug 29, 2023 | Listed by Keller Williams Realty Walnut Creek | $1,299,000 | |
| Listed by Keller Williams Realty Walnut Creek | |||
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Welcome to 5675 Merit Way, a stunning home in Fremont, CA. This 4-bedroom, 3 full bathroom residence offers spacious living and a versatile layout. The luxury vinyl floors add a touch of elegance, while the updated bathrooms and kitchen elevate the home’s appeal. The 4th bedroom easily converts into a living room, providing flexibility to suit your needs. The finished garage, complete with a spice kitchen and additional built in storage adds practicality and charm. With an updated interior boasting a new roof, central heat, and dual pane windows, comfort is paramount. The large yard is perfect for outdoor gatherings and relaxation. Experience the convenience of a short walk to top rated schools and a short drive to shopping, restaurants, and freeway access, ensuring you’re connected to the best of the city. Discover the perfect blend of comfort and functionality in this remarkable Fremont charmer. The manager has listed the unit size as 1495 square feet.
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| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Intero Real Estate Services | $1,200,000 | |
| Listed by Intero Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017