$160,000
●
House -
Off Market
900 W 23rd Street
Merced, CA 95340
2 Beds
1 Bath,
1
Half Bath
1,062 Ft²
$263,493
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Unique single story home in down town area of Merced.
Conveniently located by shopping, banks, medical offices and
public transportation. Home is located on a large corner lot
with large windows and lots of character throughout. Newer
HVAC system, brand new higher quality gutters, fresh paint
throughout, indoor laundry, vaulted ceilings, 2 car garage, large
backyard. Property has a pool but needs work and is currently
filled in with dirt. There is a half bath located in the two car
garage. Perfect for a shop area!
Unit Size
1,062 Ft²
Days on Market
287 days
Land Size
0.11 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate Calculator
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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: 4 months ago (CRMLS #MC19005920)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $179,900 | |
| Listed | |||
| | |||
|
Unique single story home in down town area of Merced. Conveniently located by shopping, banks, medical offices and public transportation. Home is located on a large corner lot with large windows and lots of character throughout. Newer HVAC system, brand new higher quality gutters, fresh paint throughout, indoor laundry, vaulted ceilings, 2 car garage, large backyard. Property has a pool but needs work and is currently filled in with dirt. There is a half bath located in the two car garage. Perfect for a shop area! The manager has listed the unit size as 1062 square feet.
| |||
| Jan 8, 2019 | Listed by Tinetti Realty Group | $179,900 | |
| Listed by Tinetti Realty Group | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
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: Danielle Ortega, Tinetti Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19005920
Last Updated: 4 months ago
Data Source: CRMLS, MLS# MC19005920
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