$275,000
●
House -
Off Market
627 Sonora Avenue
Merced, CA 95340
3 Beds
2 Baths
1,766 Ft²
$411,355
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Engaging Home!
Bring your dreams to this recently updated move-in ready three bedroom, two bath residence which features double-gated off street RV/boat parking on a corner lot. Located in a great neighborhood within walking distance to Peterson Elementary School, Rahilly Park, and the bike path. Interior highlights include an eat-in kitchen with breakfast bar overlooking the cozy family room fireplace, formal living and dining rooms, built-ins, a large master suite, and a spacious main bathroom. There are no washday blues here, thanks to the conveniently located laundry room. Entertain or simply relax on the comfortable covered backyard patio while enjoying the juicy oranges produced by the backyard orange tree. Lots of parking space with additional concrete in the extended driveway area. Be sure to discover these additional new touches: laminate flooring and carpet, interior and exterior paint, fixtures, mirrors and upgraded lighting. It deserves a prize for quality extras. Don't miss out on this move-in ready beauty close to shopping, the UC and all Merced has to offer.
Bring your dreams to this recently updated move-in ready three bedroom, two bath residence which features double-gated off street RV/boat parking on a corner lot. Located in a great neighborhood within walking distance to Peterson Elementary School, Rahilly Park, and the bike path. Interior highlights include an eat-in kitchen with breakfast bar overlooking the cozy family room fireplace, formal living and dining rooms, built-ins, a large master suite, and a spacious main bathroom. There are no washday blues here, thanks to the conveniently located laundry room. Entertain or simply relax on the comfortable covered backyard patio while enjoying the juicy oranges produced by the backyard orange tree. Lots of parking space with additional concrete in the extended driveway area. Be sure to discover these additional new touches: laminate flooring and carpet, interior and exterior paint, fixtures, mirrors and upgraded lighting. It deserves a prize for quality extras. Don't miss out on this move-in ready beauty close to shopping, the UC and all Merced has to offer.
Unit Size
1,766 Ft²
Days on Market
38 days
Land Size
0.14 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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 #MC19023323)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by London Properties Ltd - Merced | $275,000 | |
| Listed by London Properties Ltd - Merced | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Merced
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Listed by: Phillip May, London Properties Ltd - Merced
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19023323
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC19023323
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