$299,000
●
House -
Off Market
889 Redlands Court
Merced, CA 95348
3 Beds
2 Baths
1,821 Ft²
$453,234
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
New Price Great Value come see this....Great Open floor plan, tile
floors, fireplace in Living room plus another fireplace in the
Master Bedroom. New: Roof, carpet & paint in 2016. New
dishwasher 2017. Master bathroom has large Roman tub and step in
shower, double sinks with granite counter tops. Cathedral ceilings
which helps with the feeling of more space. This cute, well
maintained home is move in ready. Great location to Merced J.C or
U.C Cat Track route. Nice quiet street. Indoor laundry room with
lots of storage. Many ceiling fans. Patio in back. Both side
yards are also cemented. Attached 2 car garage with auto opener
fully sheet rocked. Extra Wide parking pad in front of garage for
additional parking. Great location. Lovely double doors with stain
glass windows.
Unit Size
1,821 Ft²
Days on Market
65 days
Land Size
0.18 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #MC18075148)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by Roberta Flanagan Realtor | $299,000 | |
| Listed by Roberta Flanagan Realtor | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Merced
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Listed by: Kay Flanagan, Roberta Flanagan Realtor
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC18075148
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC18075148
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