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1457 Freeman Lane Pleasanton, CA 94566

4 Beds 4 Baths 2,856 sqft Built 2015

$1,328,000

List Price

$4,820

$4.6K - $5.1K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2015
  • Price/Sqft : $464.99
  • 3 Days on Market
  • MLS # : BE40927618
  • Updated Date : 11/06/2020 at 11:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,856 sqft
  • Baths : 3 full , 1 half
Listing Agent

Compass

Listing Agent's Description

You had me at ELEVATOR! Modeled after the Brownstones in New York this "like-new" home is a three-story, 4 bedroom, 3 1/2 bath 2856 square foot masterpiece that is easily accessible with a full sized panneled elevator. The home features hardwood floors, 49 windows spanning over three floors with custom Jai Pour shades making it light and bright. Striking mountain views from the patio. Incredible living options with a large bedroom/office on the main floor with access to a side yard & patio with fruit trees and easy access to an attached 2-car garage with an electric charging station. Second floor hosts a chef's kitchen with extra storage, white quartz countertops, gas cooktop with an oversized island, half bathroom, living space and a formal dining room. The third floor has 3 large bedrooms including a primary bedroom with a large walk-in closet, generously designed bathroom with shower and seperate oversized soaking tub & oversized laundry room, all connected by an intercom system.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Township Square

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1238k

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

Neighborhood: Township Square

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2200025003000350040004500Rent in $16714898

* 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
Phoebe Apperson Hearst Elementary School Primary Regular 723 27 10
Pleasanton Middle School Middle Regular 1,258 50 8
Foothill High School High Regular 2,127 82 9

Phoebe Apperson Hearst Elementary School

  • Education Level: Primary
  • # of students: 723
  • # of teachers: 27
10
GreatSchools Rating

Pleasanton Middle School

  • Education Level: Middle
  • # of students: 1,258
  • # of teachers: 50
8
GreatSchools Rating

Foothill High School

  • Education Level: High
  • # of students: 2,127
  • # of teachers: 82
9
GreatSchools Rating
 

$1,195,200$1,460,800$1,328,000

PURCHASE PRICE

$4,338$5,302$4,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,820
EXPENSES Loan Payment -$4,900
Property Tax -$1,272
Property Insurance -$96
HOA -$271
Property Management Fees -$236
CASH FLOW
-$1,955

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.

$1,328,000

PROJECTED PRICE

$4,820

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$10k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$357,670

INVESTMENT

$357,670

Down Payment
$332,000
Rehab Estimate
$5,750
Closing Costs
$19,920

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,900

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $332,000
Loan Amount $996,000
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$963

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $4,820

    LIST RENT
  • $1.69

    LIST RENT PER SQFT
  • $4,612

    COMP ESTIMATED VALUE
  • $1.62

    COMP AVG. RENT PER SQFT
Comps Range
$4,495
1$4,4952$4,5003$4,820
$4,820
RENT COMPS ANALYSIS
  • 1457 Freeman Lane Pleasanton, CA 3
    • 4 beds 4 baths ∙ 2,856 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,856 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $4,820
    • $1.69
    •  
  • 7879 Cypress Creek Ct Pleasanton, CA 1
    • 4 beds 3 baths ∙ 3,021 Sqft ∙ Built 1995 4 beds 3 baths ∙ 3,021 Sqft ∙ Built 1995
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,495
    • $1.49
    •  
  • 1344 Oak Vista Way Pleasanton, CA 2
    • 4 beds 3 baths ∙ 2,592 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,592 Sqft ∙ Built 2003
    LEASED 06/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.74
    •  
PROPERTY LISTING DETAILS
Mary Arnerich
Compass
BESbswy