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2289 Chateau Way Livermore, CA 94550

4 Beds 2 Baths 2,365 sqft Built 1959

INVESTimate

$1,025,000

List Price

$3,470

$3,220 - $3,720

Rent Est.

$1,126,475  ( +9.90%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1959
  • Price/Sqft : $433.40
  • 7 Days on Market
  • MLS # : BE40917514
  • Updated Date : 08/22/2020 at 17:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,365 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Charming Chateau! Unbelievable opportunity to own a Private Piece of Paradise. Spacious mid-century modern home on a large lot at the back of a quiet cul-de-sac with no rear neighbors adjacent (w/private access) to the Arroyo Mocho trail! Soaring cedar ceilings and a wall of windows frame a stunning view of trees, gardens, seasonal creek, and suburban nature. Incredible location, amenities, and potential! Detached 2+ car garage with side-yard access. Open and flexible floor plan with huge closets, 4 large bedrooms and 400sqft bonus room.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Southside Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $273k1078k

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

Neighborhood: Southside Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15093863

* 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
East Avenue Middle School Middle Regular 624 25 6
Livermore High School High Regular 1,771 82 8

East Avenue Middle School

  • Education Level: Middle
  • # of students: 624
  • # of teachers: 25
6
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$922,500$1,127,500$1,025,000

PURCHASE PRICE

$3,123$3,817$3,470

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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$25k-$20k-$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$3.0M$3.5M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,470
EXPENSES Loan Payment -$3,782
Property Tax -$1,151
Property Insurance -$84
Property Management Fees -$170
CASH FLOW
-$1,717

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.

$1,025,000

PROJECTED PRICE

$3,470

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.90%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$277,375

INVESTMENT

$277,375

Down Payment
$256,250
Rehab Estimate
$5,750
Closing Costs
$15,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,782

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $256,250
Loan Amount $768,750
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$120

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
  • $3,595

    COMP ESTIMATED VALUE
  • $1.52

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,500
$3,500
RENT COMPS ANALYSIS
  • 2289 Chateau Way Livermore, 1
    • 4 beds 2 baths ∙ 2,365 Sqft ∙ Built 1959 4 beds 2 baths ∙ 2,365 Sqft ∙ Built 1959
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1129 Bordeaux St Livermore, 2
    • 5 beds 2 baths ∙ 2,300 Sqft ∙ Built 1972 5 beds 2 baths ∙ 2,300 Sqft ∙ Built 1972
    property image
    LEASED 05/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.52
    •  
PROPERTY LISTING DETAILS
Jennifer Malakoff
Keller Williams Tri-valley
BESbswy