$1,900,000
●
House -
Off Market
18944 Mellon Drive
Saratoga, CA 95070
3 Beds
2 Baths
2,014 Ft²
$2,334,804
RealtyHop Estimate
22.88%
Since Jul 1, 2020
CA-San Francisco
Primary Model
About This Property
Welcome to this amazing single story home located in the highly
desired Saratoga Woods neighborhood. Discover multiple living
spaces offered inside this charming home nestled behind manicured
and mature landscaping. The interior has recently been painted and
is illuminated by the abundance of natural light flooding in
through the windows and skylights. The living room ensures you will
never be short on space and offers a towering vaulted ceiling with
exposed beams and a skylight. The bonus room addition could be used
as a formal dining room, a home office, or possibly modified to
make an extra bedroom with external access. As you explore, you
will make your way to the back of the property, where you will
discover a peaceful parklike setting with a large patio. This home
will be the perfect place for you to entertain your family and
friends and is simply an irresistible way to live in Saratoga.
Unit Size
2,014 Ft²
Days on Market
34 days
Land Size
0.23 acres
Price per sqft
$943
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 9 months ago (MLSListings Inc. #ML81792348)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by SV Milestone | $1,900,000 | |
| Listed by SV Milestone | |||
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 Saratoga Woods
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Listed by: Jamie Pfister, SV Milestone
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81792348
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81792348
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