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2311 Goldcrest Circle Pleasanton, CA 94566

2 Beds 2 Baths 1,209 sqft Built 1969

$825,000

List Price

$2,810

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1969
  • Price/Sqft : $682.38
  • 6 Days on Market
  • MLS # : BE40933976
  • Updated Date : 01/13/2021 at 11:24
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,209 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Lovely single story detached home in highly sought-after Pleasanton Valley! How about NO HOA, beautifully maintained, move-in condition home that is close to parks (including the sports park), shops and all top-rated Pleasanton Schools. Enjoy the open floor plan - kitchen & dining rooms with views to the serene backyard. Bathrooms have been remodeled, nice size living room with fireplace and view to front yard. Convenient attached 2 car garage. This home is a true winner!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pleasanton Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1180k

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

Neighborhood: Pleasanton 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
Walnut Grove Elementary School Primary Regular 724 27 9
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Walnut Grove Elementary School

  • Education Level: Primary
  • # of students: 724
  • # of teachers: 27
9
GreatSchools Rating

Harvest Park Middle School

  • Education Level: Middle
  • # of students: 1,169
  • # of teachers: 44
9
GreatSchools Rating

Amador Valley High School

  • Education Level: High
  • # of students: 2,612
  • # of teachers: 100
9
GreatSchools Rating
 

$742,500$907,500$825,000

PURCHASE PRICE

$2,529$3,091$2,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,810
EXPENSES Loan Payment -$2,866
Property Tax -$803
Property Insurance -$56
Property Management Fees -$149
CASH FLOW
-$1,064

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.

$825,000

PROJECTED PRICE

$2,810

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.1%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$224,375

INVESTMENT

$224,375

Down Payment
$206,250
Rehab Estimate
$5,750
Closing Costs
$12,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,866

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $206,250
Loan Amount $618,750
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,432

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,810

    LIST RENT
  • $2.32

    LIST RENT PER SQFT
  • $2,890

    COMP ESTIMATED VALUE
  • $2.39

    COMP AVG. RENT PER SQFT
Comps Range
$2,050
1$2,0502$2,1503$2,2004$2,8105$3,150
$3,150
RENT COMPS ANALYSIS
  • 2311 Goldcrest Circle Pleasanton, CA 4
    • 2 beds 2 baths ∙ 1,209 Sqft ∙ Built 1969 2 beds 2 baths ∙ 1,209 Sqft ∙ Built 1969
    • Rent
    • Rent Per SQFT
    •  
    • $2,810
    • $2.32
    •  
  • 3106 Pawnee Way Pleasanton, CA 1
    • 2 beds 1 baths ∙ 884 Sqft ∙ Built 1971 2 beds 1 baths ∙ 884 Sqft ∙ Built 1971
    LEASED 12/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $2.32
    •  
  • 4499 Fairlands Dr Pleasanton, CA 2
    • 2 beds 1 baths ∙ 897 Sqft ∙ Built 1971 2 beds 1 baths ∙ 897 Sqft ∙ Built 1971
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $2.40
    •  
  • 4375 Fairlands Dr 5 Pleasanton, CA 3
    • 2 beds 2 baths ∙ 900 Sqft ∙ Built 1970 2 beds 2 baths ∙ 900 Sqft ∙ Built 1970
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $2.44
    •  
  • 1987 Rheem Dr Pleasanton, CA 5
    • 2 beds 3 baths ∙ 1,314 Sqft ∙ Built 1989 2 beds 3 baths ∙ 1,314 Sqft ∙ Built 1989
    LEASED 10/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $2.40
    •  
PROPERTY LISTING DETAILS
Joel Engel
Compass
BESbswy