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

2338 Sheffield Livermore, CA 94550

4 Beds 3 Baths 3,030 sqft Built 1994

INVESTimate

$1,429,950

List Price

$4,480

$4,230 - $4,730

Rent Est.

$1,521,753  ( +6.42%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1994
  • Price/Sqft : $471.93
  • 3 Days on Market
  • MLS # : BE40918031
  • Updated Date : 08/25/2020 at 17:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,030 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Classic style. Tastefully appointed and completely updated, a designer's home. Immaculate, perfect move in condition describes this lovely property. Some of the many custom features include a large open foyer with volume ceiling, lots of natural light, gorgeous wood floors, plantation shutters, crown molding and designer paint. Downstairs bedroom currently used as office, full bath on main level, laundry room with storage and large bonus room. Gourmet kitchen with white cabinets, stone counters and subway back splash, SS appliances and center island. Kitchen and family room have views to expansive rear yard. The yard is a perfect setting for entertaining and can easily accommodate large gatherings. Enjoy the pergola, built in BBQ, lush gardens and lawn area plus a sport court! Space for RV or boat storage plus 3 car garage. Close to top rated schools, several parks, hiking & bike trails, and several wineries too!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1299k

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

Neighborhood: South Livermore

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000320034003600380040004200Rent in $15764318

* 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
William Mendenhall Middle School Middle Regular 958 36 8
Granada High School High Regular 2,017 85 8

William Mendenhall Middle School

  • Education Level: Middle
  • # of students: 958
  • # of teachers: 36
8
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

$1,286,955$1,572,945$1,429,950

PURCHASE PRICE

$4,032$4,928$4,480

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$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

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$4.0M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,480
EXPENSES Loan Payment -$5,276
Property Tax -$1,486
Property Insurance -$100
Property Management Fees -$220
CASH FLOW
-$2,602

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.

$1,429,950

PROJECTED PRICE

$4,480

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 6.42%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$384,687

INVESTMENT

$384,687

Down Payment
$357,488
Rehab Estimate
$5,750
Closing Costs
$21,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,276

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $357,488
Loan Amount $1,072,463
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$126

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
  • $4,394

    COMP ESTIMATED VALUE
  • $1.45

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,800
$4,800
RENT COMPS ANALYSIS
  • 2338 Sheffield Livermore, 1
    • 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 1994 4 beds 3 baths ∙ 3,030 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2353 Rosewood Ct Livermore, 2
    • 5 beds 3 baths ∙ 3,300 Sqft ∙ Built 2000 5 beds 3 baths ∙ 3,300 Sqft ∙ Built 2000
    LEASED 05/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,800
    • $1.45
    •  
PROPERTY LISTING DETAILS
Joel Engel
Compass
BESbswy