$529,000
●
House -
Off Market
7110 Melody Drive
Fontana, CA 92336
4 Beds
3 Baths
2,875 Ft²
$802,855
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
D. R. Horton newly build a gated & master planned community of
Providence in North Fontana. This beautiful 4-bedroom 3-bath 2
storey single-family home features fireplace, hardwood floor, open
kitchen, granite countertops, espresso cabinets, large center
island, stainless steel appliances, high 9' ceilings, pantry and an
open floor plan. Windows wood shutters throughout. One bedroom &
One full bath downstairs. Loft style family room/office on the
second floor. The home located in corner lot with total 8600 sqft
of lot size. Over $50K custom build backyard features covered
patio, BBQ counter, fully landscaping and beautiful water fountain.
The community features a clubhouse, tot lot and swimming
pool. Near I-10, I-15 & Hwy 210.
Unit Size
2,875 Ft²
Days on Market
156 days
Land Size
0.20 acres
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
$149
Year Built
2016
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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 (CRMLS #TR18128282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed by Globridge Realty | $529,000 | |
| Listed by Globridge Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Fontana
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Listed by: Raymond Ma, Globridge Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# TR18128282
Last Updated: 4 months ago
Data Source: CRMLS, MLS# TR18128282
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