4524 Melody Dr #C
About This Property
The manager has listed the unit size as 899 square feet.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed | $450,000 | |
| Listed | |||
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Lovely single level corner unit with no one above you. Exceptional 2 bedroom with 2 full baths, single car private garage, plus one additional dedicated parking space and inside washer and dryer. Incredible open concept with beautiful high ceilings, functional kitchen layout with lots of cabinets, stainless steel gas range and newer built-in microwave & dishwasher. Spacious living room, cozy fireplace and generous dining area. New central heat and A/C just a few months old at a cost of apx. $17,500, per the owner. Features all NEW interior paint & new bedroom carpets in January 2025. Great location surrounded by mature redwoods and flowering trees. Also features a large wrap around front patio, plus a second private patio off the primary bedroom. Super easy access to Newhall Park, featuring tons of trails, beautiful ponds, nice streams, picnic areas, play structure, large grass areas and a wonderful dog park. Also conveniently located near to shopping and lots of restaurants.
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| Jul 7, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | Listed | $485,000 | |
| Listed | |||
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Monica Betancur - 510-685-1456 - SUMMER INCENTIVE! $5,000 buyer credit towards closing costs with accepted offer by 6/17. Move in Ready Condo w/ GARAGE in Newhall Village! Freshly painted throughout, this corner unit condo offers an open concept layout with vaulted ceilings, wood burning fireplace, laminate flooring, bright kitchen, stainless steel appliances, two full bathrooms and two patios (one with a storage closet). Other features include in unit washer and dryer, central heat and a/c, dual pane windows, mirrored closet doors and ceilings fans in all bedrooms. Spacious 1 car garage + 1 reserved parking space. SHORT WALK to coffee, restaurants, ACE Hardware and Newhall Park. Centrally located near a wide array of shopping, dining, schools, trails, multiple BART stations, multiple Downtowns, parks, Starbucks and more! Close to DVC AND CSU EAST BAY. FHA APPROVED PER HUD. Monthly HOA of $440 includes garbage, water, hazard insurance, exterior maintenance and community pool. The manager has listed the unit size as 899 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/22/2025
|
2 Bed
|
2 Bath
|
899 ft²
|
$450,000
2 Bed
2 Bath
899 ft²
|
$450,000
02/24/2025
|
Robert Moody
Compass
| |
|
05/05/2024
| |
2 Bed
|
2 Bath
|
899 ft²
|
$449,950
2 Bed
2 Bath
899 ft²
|
-
-
|
Hilary Jordan
Bayview Residential Brokerage
|
|
05/12/2022
|
2 Bed
|
2 Bath
|
899 ft²
|
$459,000
2 Bed
2 Bath
899 ft²
|
-
-
|
Monica Betancur
Keller Williams - Danville
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|
11/01/2020
|
2 Bed
|
2 Bath
|
934 ft²
|
$410,000
2 Bed
2 Bath
934 ft²
|
-
-
|
-
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07/17/2020
|
2 Bed
|
2 Bath
|
918 ft²
|
$385,000
2 Bed
2 Bath
918 ft²
|
-
-
|
-
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|
06/08/2019
|
2 Bed
|
2 Bath
|
918 ft²
|
$395,000
2 Bed
2 Bath
918 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017