For SaleRisky Deal3 days on market
6305 Melville Dr
6305 Melville Dr, Oakland, CA 94611, Oakland, CA 94611
$1,295,000
Listing Price
6305 Melville Dr, Oakland, CA 94611
Loc: Oakland, CA
Days Listed
3
Tax Assessed
$1160k
Lot Size
4,792 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Joaquin Miller Elementary School
K-5
0.7 mi away
7
Montera Middle School
6-8
0.7 mi away
6
Skyline High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderncontemporaryopen-conceptfloor-to-ceiling windowsfireplaceblack tile accent wallhardwood floorsnatural lightminimalistspaciousbalconyluxuriousneutral paletteskylight
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.12%
Total ROI
91.9%
Cash Flow
$-115/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-115/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Oakland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $1,295,000 | $572 |
| 2016-10-10 | Sold | $980,000 | $433 |
| 2016-09-09 | Pending sale | $895,000 | $395 |
| 2016-08-27 | Listed for sale | $895,000 | $395 |
| 2013-07-10 | Sold | $805,000 | $356 |
| 2013-06-14 | Listed for sale | $699,000 | $309 |
| 2012-04-26 | Listing removed | $3,800 | $2 |
| 2012-03-30 | Listed for rent | $3,800 | $2 |
| 2012-03-12 | Listing removed | $729,000 | $322 |
| 2012-02-16 | Listed for sale | $729,000 | $322 |
| 2008-12-04 | Listing removed | $749,000 | $331 |
| 2008-07-17 | Price change | $749,000 | $331 |
| 2008-05-17 | Price change | $799,000 | $353 |
| 2008-02-11 | Price change | $849,500 | $375 |
| 2007-09-07 | Listed for sale | $899,000 | $397 |
| 1999-03-12 | Sold | $400,000 | $177 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,160,094 |
| 2025 | $16,596.72 | $1,137,348 |
| 2024 | $15,910.42 | $1,115,053 |
| 2023 | $16,807.26 | $1,093,190 |
| 2022 | $16,435.5 | $1,071,757 |
| 2021 | $15,863.18 | $1,050,745 |
| 2020 | $15,692.9 | $1,039,975 |
| 2019 | $15,198.26 | $1,019,591 |
| 2018 | $14,349.66 | $999,600 |
| 2017 | $14,349.66 | $980,000 |
| 2016 | $12,154.74 | $833,601 |
| 2015 | $12,326.58 | $821,083 |
| 2014 | $12,326.58 | $805,000 |
| 2013 | $0 | $750,000 |
| 2012 | $0 | $690,000 |
| 2011 | $0 | $690,000 |
| 2010 | $0 | $710,000 |
| 2009 | $0 | $795,578 |
| 2008 | $0 | $779,981 |
| 2007 | $0 | $764,693 |
| 2006 | $0 | $749,700 |
| 2005 | $0 | $735,000 |
| 2004 | $0 | $441,052 |
| 2003 | $0 | $432,972 |
| 2002 | $0 | $424,484 |
| 2001 | $5,777.82 | $416,160 |
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