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160 Watermark Ter Hercules, CA 94547

4 Beds 3 Baths 3,027 sqft Built 2003

$1,045,000

List Price

$3,710

$3.5K - $4K

Rent Est.

PROPERTY INFO

December 30, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $345.23
  • 5 Days on Market
  • MLS # : MR40932876
  • Updated Date : 12/30/2020 at 14:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,027 sqft
  • Baths : 3 full
Listing Agent

Redfin

Listing Agent's Description

Welcome to your new home located in Victoria by the Bay development. A stunning 4 Bedroom, 3 Bath, and 3 Car garage property close to Rose Gardens, Bay Trail, Shopping and Freeways. Elegant stone columns grace the entry while cathedral ceilings bring natural light to the open floor plan. Enjoy laminate wood style floors throughout, newer carpeting on the stairs, a guest bedroom and bath on the main level, two fireplaces, and surround sound system in the family room. The large kitchen boasts a center island, bar seating, Corian counters & double oven. The grand primary suite offers a relaxing en-suite bath complete with Jacuzzi tub and upgraded spacious shower. All bathrooms include updated tile and an indoor laundry room. A fully decorative cemented backyard is perfect for entertaining, to include low maintenance turf, new fencing and outdoor speakers. Schedule your tour today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: New Pacific

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: New Pacific

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
Lupine Hills Elementary School Primary Regular 410 17 3
Hercules Middle School Middle Regular 636 28 5
Hercules High School High Regular 935 38 5

Lupine Hills Elementary School

  • Education Level: Primary
  • # of students: 410
  • # of teachers: 17
3
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
 

$940,500$1,149,500$1,045,000

PURCHASE PRICE

$3,339$4,081$3,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,710
EXPENSES Loan Payment -$3,856
Property Tax -$1,277
Property Insurance -$100
HOA -$77
Property Management Fees -$182
CASH FLOW
-$1,782

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.

$1,045,000

PROJECTED PRICE

$3,710

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.7%
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

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$282,675

INVESTMENT

$282,675

Down Payment
$261,250
Rehab Estimate
$5,750
Closing Costs
$15,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$3,856

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $261,250
Loan Amount $783,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$108

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
  • $3,723

    COMP ESTIMATED VALUE
  • $1.23

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,500
$3,500
RENT COMPS ANALYSIS
  • 160 Watermark Ter Hercules, CA 1
    • 4 beds 3 baths ∙ 3,027 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,027 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1183 Promenade St Hercules, CA 2
    • 4 beds 4 baths ∙ 2,845 Sqft ∙ Built 2003 4 beds 4 baths ∙ 2,845 Sqft ∙ Built 2003
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.23
    •  
PROPERTY LISTING DETAILS
Rosita Vallejo-arriaga
Redfin
BESbswy