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2475 Stanford Way Antioch, CA 94531

4 Beds 4 Baths 3,603 sqft Built 2000

$699,999

List Price

$3,300

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $194.28
  • 5 Days on Market
  • MLS # : ML81820761
  • Updated Date : 11/18/2020 at 19:40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,603 sqft
  • Baths : 4 full
Listing Agent

Chan & Associates

Listing Agent's Description

Stunning two-story home with soaring ceilings and an abundance of natural light! This home features an open floor plan with a spacious dining and living room, private office, functional loft area, and family room with windows from top to bottom that illuminate the entire space. The oversized kitchen includes granite countertops, beautiful red oak cabinets, and stainless steel appliances. The full master suite is fit for royalty with sitting area and luxurious bathroom with huge walk-in closet. Large backyard is setup for entertaining with covered patio area, island, and fire pit. Oversized 3-car garage comes with ample storage space. Situated in a family-friendly neighborhood near Highway 4, Bart, dining, parks, and shopping, this home is sure to go fast!

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PRICE & RENT TRENDS

Neighborhood: Laurel Ridge

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Laurel Ridge

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2140016001800200022002400260028003000Rent in $12473193

* 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
Diablo Vista Elementary School Primary Regular 546 19 4
Dallas Ranch Middle School Middle Regular 1,238 46 3
Deer Valley High School High Regular 2,659 113 5

Diablo Vista Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 19
4
GreatSchools Rating

Dallas Ranch Middle School

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 46
3
GreatSchools Rating

Deer Valley High School

  • Education Level: High
  • # of students: 2,659
  • # of teachers: 113
5
GreatSchools Rating
 

$629,999$769,999$699,999

PURCHASE PRICE

$2,970$3,630$3,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,300
EXPENSES Loan Payment -$2,583
Property Tax -$684
Property Insurance -$114
Property Management Fees -$162
CASH FLOW
-$242

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.

$699,999

PROJECTED PRICE

$3,300

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.9%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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-$5.0k$0.0$5.0k$10k$15k$20k$25k$30k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$191,250

INVESTMENT

$191,250

Down Payment
$175,000
Rehab Estimate
$5,750
Closing Costs
$10,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$2,583

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $175,000
Loan Amount $524,999
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$48,087

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,300

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $3,423

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$3,300
1$3,3002$3,600
$3,600
RENT COMPS ANALYSIS
  • 2475 Stanford Way Antioch, CA 1
    • 4 beds 4 baths ∙ 3,603 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,603 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $0.92
    •  
  • 5235 Ramsdell Ct Antioch, CA 2
    • 5 beds 3 baths ∙ 3,796 Sqft ∙ Built 2001 5 beds 3 baths ∙ 3,796 Sqft ∙ Built 2001
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $0.95
    •  
PROPERTY LISTING DETAILS
Angela Wei
Chan & Associates
BESbswy