$215,000
●
House -
Off Market
921 W 23rd Street
Merced, CA 95340
2 Beds
1 Bath
1,056 Ft²
$301,444
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Are you looking for a cottage home in established area of Merced?
Look at this 2 bedroom 1 bath spacious home. Brand new
kitchen cabinets, slate back slash, new sliding glass door, new
carpeted bedrooms and original hardwood flooring! Large back-yard
ready for entertaining and BBQing! Newer HVAC!
Unit Size
1,056 Ft²
Days on Market
47 days
Land Size
0.17 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #MC20083017)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by Keller Williams Property Team | $309,000 | |
| Listed by Keller Williams Property Team | |||
| | |||
|
Welcome to this recently remodeled two-bedroom, two-bathroom Merced bungalow. This home offers over 1,000 square feet of bright, open living space on an oversized 7,500 square foot lot. Bathed in natural light, the interior features a seamless layout that feels both spacious and inviting. Every detail has been thoughtfully updated, from the brand-new roof and energy-efficient windows to the modernized plumbing—bringing style and peace of mind under one roof. Step outside to a meticulously landscaped yard, where mature trees provide shade and privacy, creating a tranquil outdoor escape. With generous space inside and out, this home perfectly balances comfort, functionality, and charm. Set on a quiet, tree-lined street in a well-established Merced neighborhood. Conveniently located near parks, schools, shopping and dining.
| |||
| Jun 17, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Realty Executives Of Merced | $215,000 | |
| 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
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About Merced
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Listed by: Randy Hayer, Realty Executives Of Merced
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC20083017
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MC20083017
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