627 Suzanne Drive
About This Property
Why buy brand new when you can own this nearly new, move-in ready home with a beautifully landscaped and fully finished backyard? Located in the highly desirable Bellevue Ranch area of North Merced, this 4-bedroom, 2-bathroom home offers a perfect blend of modern style, comfort, and smart upgrades.
Inside, you'll find an open-concept floor plan featuring stunning quartz countertops, a combination of sleek tile and plush carpet flooring, and stainless steel appliances that make the kitchen both functional and stylish. The kitchen is also equipped with a reverse osmosis system, and a whole-home water softener adds convenience and efficiency throughout the home.
The spacious layout flows effortlessly from the living area to the kitchen and dining space, ideal for both everyday living and entertaining. The backyard is fully landscaped and ready for you to enjoy-no waiting or extra work required.
The attached garage includes upgraded epoxy-coated flooring and a mounted TV, making it a great space for a home gym, workshop, or entertainment area.
Additional highlights include leased solar panels for energy efficiency and monthly savings, along with a built-in fire suppression system for added safety and peace of mind. All of this is set in one of Merced's most sought-after neighborhoods, offering the perfect balance of modern living and community charm.
Don't miss your chance to own a like-new home with high-end finishes, safety features, and a completed outdoor space-all without the wait of new construction.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Price Decreased |
$430,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| May 18, 2025 | Price Decreased |
$435,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by BHGRE Everything Real Estate | $445,000 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017