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2210 Lobert Castro Valley, CA 94546

3 Beds 2 Baths 1,298 sqft Built 1948

INVESTimate

$749,950

List Price

$2,970

$2,720 - $3,220

Rent Est.

$828,245  ( +10.44%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 1948
  • Price/Sqft : $577.77
  • 2 Days on Market
  • MLS # : BE40917995
  • Updated Date : 08/25/2020 at 17:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,298 sqft
  • Baths : 2 full
Listing Agent

Bsr Realty Inc

Listing Agent's Description

Come see this Castro Valley cutie! This is one you don't want to miss. This single story three bedroom, two bath charmer was updated throughout and expanded with permits in 2014. Warm and inviting, the front two bedrooms and family room boast of original hardwood floors, and the new kitchen features white wood cabinetry, newer appliances, stone countertops and an easy flow through the rest of the house. A double built in work station was added to for those us who need to work from home, or catch up on schoolwork. The new master suite has double closets & vanity sinks, marble tile and quite the retreat feel! Everyone could use a good soak in a separate tub once in a while. Don't forget to check out the backyard with room to roam. Bring your friends to enjoy the pizza oven, gardens, and exploding Fuji apple tree. Walking distance to BART, Trader Joe's and many Castro Valley gems. More amenities to list, but you will just have to come and see for yourself!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South of 580

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1024k

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

Neighborhood: South of 580

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200Rent in $14783381

* 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
Strobridge Elementary School Primary Regular 620 24 2
Bret Harte Middle School Middle Regular 636 28 3
Hayward High School High Regular 1,644 74 4

Strobridge Elementary School

  • Education Level: Primary
  • # of students: 620
  • # of teachers: 24
2
GreatSchools Rating

Bret Harte Middle School

  • Education Level: Middle
  • # of students: 636
  • # of teachers: 28
3
GreatSchools Rating

Hayward High School

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 74
4
GreatSchools Rating
 

$674,955$824,945$749,950

PURCHASE PRICE

$2,673$3,267$2,970

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,970
EXPENSES Loan Payment -$2,767
Property Tax -$849
Property Insurance -$58
Property Management Fees -$149
CASH FLOW
-$853

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.

$749,950

PROJECTED PRICE

$2,970

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.44%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$204,487

INVESTMENT

$204,487

Down Payment
$187,488
Rehab Estimate
$5,750
Closing Costs
$11,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% 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 $187,488
Loan Amount $562,463
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$6,779

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,970

    LIST RENT
  • $2.29

    LIST RENT PER SQFT
  • $3,057

    COMP ESTIMATED VALUE
  • $2.36

    COMP AVG. RENT PER SQFT
Comps Range
$2,850
1$2,8502$2,9703$3,0004$3,2005$3,350
$3,350
RENT COMPS ANALYSIS
  • 2210 Lobert Castro Valley, 2
    • 3 beds 2 baths ∙ 1,298 Sqft ∙ Built 1948 3 beds 2 baths ∙ 1,298 Sqft ∙ Built 1948
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,970
    • $2.29
    •  
  • 1169 Roxanne Ave Hayward, 1
    • 3 beds 1 baths ∙ 1,187 Sqft ∙ Built 1949 3 beds 1 baths ∙ 1,187 Sqft ∙ Built 1949
    property image
    LEASED 05/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $2.40
    •  
  • 21835 Redwood Rd Castro Valley, 3
    • 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1948 3 beds 1 baths ∙ 1,200 Sqft ∙ Built 1948
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.50
    •  
  • 4175 Veronica Avenue Castro Valley, 4
    • 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957 3 beds 2 baths ∙ 1,330 Sqft ∙ Built 1957
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.41
    •  
  • 17532 Kingston Way Castro Valley, 5
    • 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,585 Sqft ∙ Built 1954
    property image
    LEASED 06/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.11
    •  
PROPERTY LISTING DETAILS
Daniel Beck
Bsr Realty Inc
BESbswy