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2446 Trenton Dr San Bruno, CA 94066

5 Beds 3 Baths 2,000 sqft Built 1956

$1,498,000

List Price

$4,680

$4.4K - $4.9K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1956
  • Price/Sqft : $749.00
  • 5 Days on Market
  • MLS # : ML81819879
  • Updated Date : 11/13/2020 at 23:16
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,000 sqft
  • Baths : 3 full
Listing Agent

Sterling Premier Properties

Listing Agent's Description

Stunning Crestmoor Park home offers a bright and welcoming floor plan for the modern family. This newly renovated home offers 5 bedrooms, 3 bathrooms and an abundance of outdoor space allowing for the family to sprawl out. Enjoy the sweeping views of the bay and airport from the upper floor or gather around the open family room and kitchen downstairs. This home is thoughtfully updated with wide plank engineered oak floors, skylights, modern aluminum and glass garage door,� new roof and new windows throughout. The landscaped yard is complete with a finished patio with pergola and abundant exterior lighting for outdoor entertaining! Welcome home for the holidays!

SEE MORE

MARKET HIGHLIGHTS

  • Palo Alto, Redwood City, Mountain View and San Mateo together attracted around $11 billion in venture capital funding in 2019 making Silicon Valley still attractive to technology investments (Crunchbase News, 2020)
  • San Jose metro has 67.6% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • San Jose metro's economy has been worth $282.2 billion in Gross Metro Product (GMP) in 2018 and is projected to grow to $298.6 billion in 2019. GMP measures the productivity of the metro. (USMayors.org, 2018)
  • San Jose metro employment growth has been at 2.2% in 2018 and predicted to grow at 1.9% in 2019 (USMayors.org, 2018)
  • San Jose metro contributes to 9% of California state's economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Crestmoore Park

NeighborhoodNIR Market*CityMarket2010Year20002019400k500k600k700k800k900k1000k1100k1200k1300kPrice in $366k1390k

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

Neighborhood: Crestmoore Park

NeighborhoodNIR Market*CityMarket2010Year2000 Q32019 Q218002000220024002600280030003200340036003800400042004400Rent in $17064566

* 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
John Muir Elementary School Primary Regular 352 12 8
Parkside Intermediate School Middle Regular 859 36 5
Capuchino High School High Regular 1,105 60 7

John Muir Elementary School

  • Education Level: Primary
  • # of students: 352
  • # of teachers: 12
8
GreatSchools Rating

Parkside Intermediate School

  • Education Level: Middle
  • # of students: 859
  • # of teachers: 36
5
GreatSchools Rating

Capuchino High School

  • Education Level: High
  • # of students: 1,105
  • # of teachers: 60
7
GreatSchools Rating
 

$1,348,200$1,647,800$1,498,000

PURCHASE PRICE

$4,212$5,148$4,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,680
EXPENSES Loan Payment -$5,527
Property Tax -$1,353
Property Insurance -$75
Property Management Fees -$183
CASH FLOW
-$2,458

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,498,000

PROJECTED PRICE

$4,680

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.61%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$402,720

INVESTMENT

$402,720

Down Payment
$374,500
Rehab Estimate
$5,750
Closing Costs
$22,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,527

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $374,500
Loan Amount $1,123,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$207

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
  • $5,867

    COMP ESTIMATED VALUE
  • $2.93

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,8753$5,0004$5,300
$5,300
RENT COMPS ANALYSIS
  • 2446 Trenton Dr San Bruno, CA 1
    • 5 beds 3 baths ∙ 2,000 Sqft ∙ Built 1956 5 beds 3 baths ∙ 2,000 Sqft ∙ Built 1956
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 311 Lowell Ave San Bruno, CA 2
    • 4 beds 3 baths ∙ 1,670 Sqft ∙ Built 1959 4 beds 3 baths ∙ 1,670 Sqft ∙ Built 1959
    LEASED 10/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,875
    • $2.92
    •  
  • 2800 Oakmont Dr San Bruno, CA 3
    • 5 beds 2 baths ∙ 1,765 Sqft ∙ Built 1963 5 beds 2 baths ∙ 1,765 Sqft ∙ Built 1963
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $2.83
    •  
  • 20 Queen Anne Ct Millbrae, CA 4
    • 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 1951 4 beds 2 baths ∙ 1,740 Sqft ∙ Built 1951
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $5,300
    • $3.05
    •  
PROPERTY LISTING DETAILS
Karen Cai
Sterling Premier Properties
BESbswy