$398,000
●
Condo -
Off Market
4544 Melody Dr #B
Concord, CA 94521
2 Beds
2 Baths
899 Ft²
$498,380
RealtyHop Estimate
27.79%
Since Oct 1, 2018
CA-San Francisco
Primary Model
About This Property
A beautiful rareley available upper floor end unit. This condo
feature 2 spacious bedrooms, 2 baths, and vaulted ceiling. There is
a nice fireplace, open kitchen and in-unit laundry. It has a wrap
around balcony, view of the pool, great for entertaing or
gardening. There is a attached 1 car garage with 1 extra assigned
parking space It's close to Bart, shopping and Newhall
Community Park.
Unit Size
899 Ft²
Days on Market
87 days
Land Size
0.02 acres
Price per sqft
$434
Property Type
Condo
Property Taxes
-
HOA Dues
$340
Year Built
-
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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 (bridgeMLS/CCAR/Bay East AOR #40827593)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2018 | Sold | ||
| Sold | |||
| Jun 22, 2018 | Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | $390,000 | |
| Listed by GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY | |||
Property Highlights
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Carport, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Flooring Type: Laminate
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 899
Year Built: 1986
Levels: One
Construction Materials: See Remarks
Pool Features: In Ground, Association
Lot Size Area: 899
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 899
Utilities Details
Heating Type: Forced Air
Sewer : Shared Septic
Location Details
HOA/Condo/Coop Amenities: Pool, Trash, Water
HOA Fee: $340
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2018
|
2 Bed
|
2 Bath
|
899 ft²
|
$390,000
2 Bed
2 Bath
899 ft²
|
$398,000
+2.05%
09/17/2018
|
Vincent Minelli
GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
|
Building Info
About Concord
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Listed by: VINCENT MINELLI, GOLDEN GATE SOTHEBYS INTERNATIONAL REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40827593
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40827593
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