$499,000
●
House -
Off Market
245 Melinda Way
Oceanside, CA 92057
4 Beds
2 Baths,
1
Half Bath
1,450 Ft²
$713,576
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Highly sought after Mission Point home located across from the
historic Mission San Luis Rey. Move-in ready Optional 4th Bedroom,
2.5 Bath home features freshly painted exterior, hardwood floors,
central A/C, gas fireplace, private yard, large master suite with
walk-in closet and attached two-car garage. Community amenities
include Club House, Tennis Courts, Pool & Spa, Park and Work Out
Facility. Quick jump onto 76 leads to I-5 or I-15. Near shopping,
dining, beach and more. This community is a hidden gem in
Oceanside, check it out! HOA includes front yard landscape
maintenance. Buyer and Buyer's agent to verify all information
prior to close of escrow.. Neighborhoods: Mission Point
Complex Features: ,,,,, Equipment: Fire Sprinklers,Garage Door
Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,450 Ft²
Days on Market
44 days
Land Size
0.06 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
$252
Year Built
2000
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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 #200007202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2020 | Listed by Sundial Real Estate | $499,000 | |
| Listed by Sundial Real Estate | |||
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 San Luis Rey
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Listed by: Kaytlyn Captain, Sundial Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200007202
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200007202
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