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1123 Sanderling Dr Hercules, CA 94547

3 Beds 3 Baths 1,647 sqft Built 2004

$739,000

List Price

$3,070

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $448.69
  • 4 Days on Market
  • MLS # : EB40931598
  • Updated Date : 12/12/2020 at 14:56
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,647 sqft
  • Baths : 2 full , 1 half
Listing Agent

Lawrence Realty

Listing Agent's Description

This is the one!! Baywood Community. Charming two story detached home. Three bedroom, two and half baths. Upgraded throughout. Chef's kitchen featuring rosewood cabinets, granite counters, stainless steel appliances including refrigerator. Great Room with gas fireplace. Surround Sound. Upgraded carpet and tile floors. Master suite with two closets. Master bath offers whirlpool tub, stall shower and double sinks. Custom window coverings. Upstairs laundry including washer and dryer. Two car attached garage with built-in cabinets. Home is situated on premium corner homesite with views of the San Pablo Bay. No front neighbor or neighbor on one side. Master bedroom opens to wrap around deck with amazing views. Close to community park, shopping and freeway. Don't miss this opportunity to own this move-in ready home. Won't last!!

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PRICE & RENT TRENDS

Neighborhood: The Waterfront

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: The Waterfront

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Ohlone Elementary School Primary Regular 344 14 6
Hercules Middle School Middle Regular 636 28 5
Hercules High School High Regular 935 38 5

Ohlone Elementary School

  • Education Level: Primary
  • # of students: 344
  • # of teachers: 14
6
GreatSchools Rating

Hercules Middle School

  • Education Level: Middle
  • # of students: 636
  • # of teachers: 28
5
GreatSchools Rating

Hercules High School

  • Education Level: High
  • # of students: 935
  • # of teachers: 38
5
GreatSchools Rating
 

$665,100$812,900$739,000

PURCHASE PRICE

$2,763$3,377$3,070

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,070
EXPENSES Loan Payment -$2,727
Property Tax -$843
Property Insurance -$67
HOA -$172
Property Management Fees -$150
CASH FLOW
-$889

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$739,000

PROJECTED PRICE

$3,070

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.4%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$201,585

INVESTMENT

$201,585

Down Payment
$184,750
Rehab Estimate
$5,750
Closing Costs
$11,085

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,727

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $184,750
Loan Amount $554,250
See What Happens When You Reinvest Cash Flow

1

YEARS SAVED

$3,726

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $3,068

    COMP ESTIMATED VALUE
  • $1.86

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7953$3,0004$3,2005$3,350
$3,350
RENT COMPS ANALYSIS
  • 1123 Sanderling Dr Hercules, CA 1
    • 3 beds 3 baths ∙ 1,647 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,647 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1420 Greenfield Cir Pinole, CA 2
    • 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,489 Sqft ∙ Built 1984
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,795
    • $1.88
    •  
  • 2063 Lewis St Hercules, CA 3
    • 3 beds 3 baths ∙ 1,680 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,680 Sqft ∙ Built 2005
    LEASED 06/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.79
    •  
  • 2057 De Anza Hercules, CA 4
    • 3 beds 3 baths ∙ 1,721 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,721 Sqft ∙ Built 2005
    LEASED 12/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.86
    •  
  • 1253 Hercules Ave Hercules, CA 5
    • 3 beds 3 baths ∙ 1,742 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,742 Sqft ∙ Built 1984
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.92
    •  
PROPERTY LISTING DETAILS
Marie Lawrence
Lawrence Realty
BESbswy