$440,000
●
House -
Off Market
714 Round Hill Drive
Merced, CA 95348
4 Beds
3 Baths
3,026 Ft²
$599,260
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Stunning. Stunning describes this newly updated North Merced
home. Upon entering you will soon appreciate the designer
touches and high-end materials used in this update. Bright
airy and spacious rooms on both the upper and lower levels are an
example to this well laid out floor plan. Rooms featured are
2 master suites with bathrooms one on each floor, two additional
bedrooms, two additional bathrooms, loft, indoor laundry room,
living room and dining room, family room and kitchen. Every
room has been updated to include new flooring, paint, cabinetry,
light and plumbing fixtures. The kitchen includes all new
appliances as well as custom designer maple cabinets and granite
countertops. French doors added to access the beautiful
relaxing back yard with a classic pergola style patio cover.
New AC system includes an "air scrubber" feature to provide
clean interior air. Meticulous attention to detail is
obvious as you view this home.
Unit Size
3,026 Ft²
Days on Market
81 days
Land Size
0.13 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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 #MC20100592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Realty Executives Of Merced | $437,500 | |
| 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# MC20100592
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC20100592
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