$245,000
●
House -
Off Market
405 N Melrose Drive
Vista, CA 92083
3 Beds
1 Bath,
1
Half Bath
975 Ft²
$534,071
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model
About This Property
First Time Home Buyer Opportunity!! Cute as a Button and a MUST
See!! 3 Bedrooms, 1 Bath. (1 Bedroom No closet), wood laminate
floors, new vinly at kitchen, dining and bath, fresh neutral
interior paint, new appliances, some dual pane windows. 1 Car
attached garage and a Super Size Back Yard with RV Space for all
your toys. This wonderful home is within walking distance to
schools,stores, gas station, restaurants,and a few steps to Hwy 78.
You have it all!! A Must See!!! Neighborhoods: Vista Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
975 Ft²
Days on Market
99 days
Land Size
0.28 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #130002273)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | In contract | - | |
| In contract | |||
| Jan 10, 2021 | Listed | $495,000 | |
| Listed | |||
| | |||
|
Beautifully updated, adorable & full of possibilities! Start your new year off with the perfect place. This home is for you! Animal lover? Gardener? Entertainer? Investor? There is room here for any imagination. Wonderful finishes, convenient location, and a huge lot make this property perfect. Lot allows for an addition to the main home, a helper unit or even to build up to six units. This is the place to move into and enjoy whatever your future plans. Safe place for kids or animals to run and play! The manager has listed the unit size as 975 square feet.
| |||
| Apr 23, 2013 | Sold | ||
| Sold | |||
| Jan 14, 2013 | Listed by Prodigy Brokers, Inc | $264,500 | |
| Listed by Prodigy Brokers, Inc | |||
Property Highlights
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Vista
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sasha Cardenti, Prodigy Brokers, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130002273
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130002273
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