$690,000
●
House -
Off Market
7130 Melody Drive
Fontana, CA 92336
4 Beds
3 Baths,
1
Half Bath
2,292 Ft²
$3,598
Est. Monthly
$160
HOA / Fees
6.07%
Cap Rate
About This Property
Welcome! This north Fontana home is beautifully kept up and is
nestled in a quiet neighborhood. Having a 2,292 sq ft living area
and an open floor plan makes hosting and entertaining that much
more enjoyable. The kitchen has granite countertops with maple
cabinets and steel appliances. All windows feature plantation
shutters for extra shade. The home also comes equipped with paid
off solar panels and new Tesla charging station in the garage,
great for keeping you cool all summer long! The garage also has
newly installed storage cabinets and work station. This quiet
community has a nearby pool and recreation room that is perfect for
larger gatherings. The backyard comes with a tuff shed for
additional storage. Don't miss out on this opportunity for your
family!
Unit Size
2,292 Ft²
Days on Market
63 days
Land Size
0.10 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
2015
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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: 3 years ago (CRMLS #EV24132650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by SELLS & ASSOCIATES | $699,999 | |
| Listed by SELLS & ASSOCIATES | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 25, 2021 | In contract | - | |
| In contract | |||
| Nov 16, 2021 | Listed by RE/MAX MASTERS REALTY | $629,000 | |
| Listed by RE/MAX MASTERS REALTY | |||
| | |||
|
Welcome home to Providence in North Fontana! Come see this beautiful home built in 2015, with 4 bedrooms, 2.5 baths, open floor plan with granite counter tops in the kitchen, maple cabinets and stainless steel appliances. At 2,292 sq ft of living space there is plenty of room for everyone to enjoy! Stay cool in the summer and warm in the winter with the comfort of solar. This home is waiting for you to call it yours. The manager has listed the unit size as 2292 square feet.
| |||
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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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fontana
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Listed by: GEORGE OZEIR, SELLS & ASSOCIATES
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24132650
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24132650
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