$660,500
●
House -
Off Market
14139 Melodie Lane
Poway, CA 92064
4 Beds
2 Baths
1,638 Ft²
$1,099,731
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Beautifully upgraded ranch style home on a quiet street in Old
Poway. Home newly remodeled with completely upgraded kitchen,
beautiful tile, ceiling fans in every room, master retreat with spa
tub and separate shower, closet organizers in every room, and so
much more. The large, flat, lot has RV storage, a spacious back
covered patio perfect for entertaining, with direct access to the
master bedroom. Kitchen opens to back as well! Truly move in ready!
Potential horse property for new owner! Neighborhoods: Old
Poway Equipment: Dryer,Pool/Spa/Equipment, Range/Oven,
Shed(s), Washer Other Fees: 0 Sewer: Septic Installed
Topography: LL
Unit Size
1,638 Ft²
Days on Market
85 days
Land Size
0.46 acres
Price per sqft
$418
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 4 months ago (SDMLS #170013849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2022 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | Price Decreased |
$874,900
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Oct 12, 2022 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Sep 23, 2022 | Listed by Movoto Inc | $949,900 | |
| Listed by Movoto Inc | |||
| | |||
|
Amazing opportunity to own this stunning single level home in Poway with a flat usable just shy of 1/2 acre lot!! Opportunities are endless! This property shows true pride of ownership and features 4 bedrooms, 2 bathrooms, wood like tile flooring in the living areas and hardwood floors in the bedrooms, Heated floor in the master bath, stainless appliances, recessed lighting, huge master closet, Rv Parking and hookups Multitude of fruit trees includes lemons, apples, cherry, plum, apricot, peaches, blackberries and asian pear. Generator hook up for those undesired blackouts. Step our onto your secluded and private back yard and enjoy panoramic views!!! Almost half an acre lot. Tucked in from the main road with gated entry and in close proximity to freeway access, award winning Poway schools, and shopping. The manager has listed the unit size as 1638 square feet.
| |||
| Jun 13, 2017 | Sold | ||
| Sold | |||
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Listed by: Earl Lewis III, Park Place Realty & Asset Mgmt
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170013849
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170013849
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