Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

18623 Sandy Rd Castro Valley, CA 94546

2 Beds 1 Baths 1,048 sqft Built 1949

$749,900

List Price

$2,800

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1949
  • Price/Sqft : $715.55
  • 3 Days on Market
  • MLS # : BE40927776
  • Updated Date : 11/01/2020 at 22:20
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,048 sqft
  • Baths : 1 full
Listing Agent

Re/max Accord

Listing Agent's Description

Wonderful Upper Valley Home located on one of the Most Desirable Tree-lined Streets in Castro Valley! This beautiful, move-in ready home is located in the Award Winning Castro Valley School District and features an Updated Kitchen with a High End Six Burner Gas Stove, a New Stainless Steel Dishwasher and Microwave, Stainless Steel Refrigerator and More. The Updated Bathroom features Granite Counters, Dual Sinks, and Tiled Walls. The Living Room features a Wood Burning Fireplace, Hardwood Floors, and Charming French Doors which lead to the outside. The Centrally Located Dining Room is the perfect place to share meals with friends and family. Other features include Inside Laundry, Dual Pane Windows, Central Heating, Central Air Conditioning, and much more. The large Backyard features a Covered Patio, Large Lawn Area, and lots of space to entertain. Dont miss the Detached Garage and Long Driveway with RV or Boat parking. Take a look soon before it is gone!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Northeast Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Northeast Castro Valley

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
Proctor Elementary School Primary Regular 532 22 9
Canyon Middle School Middle Regular 1,400 59 7
Castro Valley High School High Regular 2,977 119 9

Proctor Elementary School

  • Education Level: Primary
  • # of students: 532
  • # of teachers: 22
9
GreatSchools Rating

Canyon Middle School

  • Education Level: Middle
  • # of students: 1,400
  • # of teachers: 59
7
GreatSchools Rating

Castro Valley High School

  • Education Level: High
  • # of students: 2,977
  • # of teachers: 119
9
GreatSchools Rating
 

$674,910$824,890$749,900

PURCHASE PRICE

$2,520$3,080$2,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,800
EXPENSES Loan Payment -$2,767
Property Tax -$837
Property Insurance -$52
Property Management Fees -$149
CASH FLOW
-$1,005

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.

$749,900

PROJECTED PRICE

$2,800

PROJECTED RENT

0.37%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.7%
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

PROJECTED ANNUAL CASH FLOW

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

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$204,474

INVESTMENT

$204,474

Down Payment
$187,475
Rehab Estimate
$5,750
Closing Costs
$11,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,767

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $187,475
Loan Amount $562,425
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,950

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
  • $2,788

    COMP ESTIMATED VALUE
  • $2.66

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,400
$3,400
RENT COMPS ANALYSIS
  • 18623 Sandy Rd Castro Valley, CA 1
    • 2 beds 1 baths ∙ 1,048 Sqft ∙ Built 1949 2 beds 1 baths ∙ 1,048 Sqft ∙ Built 1949
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4256 Seven Hills Road Castro Valley, CA 2
    • 2 beds 2 baths ∙ 1,279 Sqft ∙ Built 1948 2 beds 2 baths ∙ 1,279 Sqft ∙ Built 1948
    LEASED 05/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.66
    •  
PROPERTY LISTING DETAILS
Bob Frey
Re/max Accord
BESbswy