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24925 Campus Dr Hayward, CA 94542

2 Beds 2 Baths 1,150 sqft Built 1983

$998,000

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1983
  • Price/Sqft : $867.83
  • 2 Days on Market
  • MLS # : EB40930471
  • Updated Date : 11/28/2020 at 03:12
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,150 sqft
  • Baths : 2 full
Listing Agent

Re/max Accord

Listing Agent's Description

A rare opportunity! Charming Irish-cottage style home on 7.7 acres filled w/light, views of the trees, & abundant nature. The serene setting has a picturesque English countryside feel. 2 bdrms, 2 full baths, a stately marble fireplace, spiral staircases, hardwood floors, a spacious loft w/ storage, & an updated kitchen. The upper level features a large side deck w/ an outdoor gas fireplace. On the lower level, French doors flow onto the stone patio gathering space, gardens, & hot tub. The property includes a rustic barn renovated to use as a workshop or work-from-home hideaway and a secure storage area. Additional features include; a rose garden, fish pond, rustic stone walls, statues, & much more. The 7.7 acres of private wooded land gives the experience of expansive country living in the heart of the Bay Area and provides the buyer the opportunity to expand and develop their dream retreat. Check w/ the County building dept regarding building potential. A true gem!

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PRICE & RENT TRENDS

Neighborhood: Mission-Foothill

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $206k1015k

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

Neighborhood: Mission-Foothill

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14053193

* 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
Stonebrae Elementary School Primary Regular 717 27 4
Stonebrae Elementary School Middle Regular 717 27 4
Hayward High School High Regular 1,644 74 4

Stonebrae Elementary School

  • Education Level: Primary
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Stonebrae Elementary School

  • Education Level: Middle
  • # of students: 717
  • # of teachers: 27
4
GreatSchools Rating

Hayward High School

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 74
4
GreatSchools Rating
 

$898,200$1,097,800$998,000

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$3,682
Property Tax -$1,081
Property Insurance -$55
Property Management Fees -$149
CASH FLOW
-$2,187

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.

$998,000

PROJECTED PRICE

$2,780

PROJECTED RENT

0.28%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.7%
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$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$270,220

INVESTMENT

$270,220

Down Payment
$249,500
Rehab Estimate
$5,750
Closing Costs
$14,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$3,682

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $249,500
Loan Amount $748,500
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$14

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
  • $2,398

    COMP ESTIMATED VALUE
  • $2.09

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,0003$2,650
$2,650
RENT COMPS ANALYSIS
  • 24925 Campus Dr Hayward, CA 1
    • 2 beds 2 baths ∙ 1,150 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,150 Sqft ∙ Built 1983
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 27033 Belvedere Ct Hayward, CA 2
    • 2 beds 2 baths ∙ 1,008 Sqft ∙ Built 1964 2 beds 2 baths ∙ 1,008 Sqft ∙ Built 1964
    LEASED 11/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.98
    •  
  • Hayward Hayward, CA 3
    • 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1983 2 beds 2 baths ∙ 1,208 Sqft ∙ Built 1983
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $2.19
    •  
PROPERTY LISTING DETAILS
Delia Fairwell
Re/max Accord
BESbswy