$410,000
●
House -
Off Market
203 Melinda Way
Oceanside, CA 92057
3 Beds
2 Baths,
1
Half Bath
1,450 Ft²
$736,984
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Bright and newly remodeled home in the Mission Point community of
Oceanside. Upgrades include brand new travertine tile flooring
downstairs and new carpeting upstairs, granite kitchen counters and
stainless appliances, designer paint throughout, tiled fireplace,
new baseboards and doors, to name a few. Community clubhouse, pool,
spa, tennis courts, gym and play area are all included in the low
HOA fees. Close to all that Oceanside has to offer – dining,
shopping, highways and the Mission. Neighborhoods: Mission Point
Complex Features: ,,,,,, Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,450 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$201
Year Built
2001
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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 (SDMLS #150030501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2019 | Sold | ||
| Sold | |||
| Sep 19, 2019 | Listed by Redfin Corporation | $499,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Welcome Home! Beautifully maintained two-story home located within the highly sought after community of Mission Point in Oceanside. This amazing property boasts neutral paint and trim, a cozy fireplace, new exterior paint and blinds in 2018, and decorative tile flooring throughout the main living areas of the home. A well appointed kitchen featuring crisp white cabinetry, granite countertops, recessed lighting, and stainless steel appliances. All bedrooms are upstairs including the spacious master suite with its own en-suite bathroom and walk-in closet. Outdoor living extends to the low maintenance backyard via a slider just off the kitchen making it perfect for entertaining. Unsurpassed community amenities include a sparkling pool and spa, playground, gym, tennis courts, and a clubhouse. Conveniently located just minutes away from shopping, dining, parks, golf amenities, Camp Pendleton South, Highway 76, plus so much more. All furniture and the smart TV will convey with the property and it is less than 4 years old. Don’t let this opportunity pass you by!. Neighborhoods: Mission Point Complex Features: ,,,, Equipment: Dryer, Satellite Dish, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Jun 5, 2015 | Listed by LaMar Real Estate | $415,000 | |
| Listed by LaMar Real Estate | |||
Property Highlights
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 San Luis Rey
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Listed by: Rachel LaMar, LaMar Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150030501
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150030501
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