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

2650 Tribune Avenue Hayward, CA 94542

4 Beds 3 Baths 3,041 sqft Built 2013

$1,228,000

List Price

$4,180

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $403.81
  • 4 Days on Market
  • MLS # : BE40929766
  • Updated Date : 11/19/2020 at 03:06
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,041 sqft
  • Baths : 2 full , 1 half
Listing Agent

Compass

Listing Agent's Description

Views Views Views...This incredible 4 bed, 2.5 bath sought after newer single family home with 3,041 sf of living space located in Hayward Hills near Cal State East-Bay University. The home features amazing views of the Bay, has a double-door front door, high ceilings, formal living room and dining, upgraded kitchen with granite countertop and ample cabinets, spacious family room with vaulted ceiling and large picturesque window open to Bay view, LED lighting throughout, travertine floors, surround sound in both family & living rooms, and a flat paved driveway on a private road.....very special house. Hurry won't last long!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Old Highlands

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $232k1078k

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

Neighborhood: Old Highlands

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200340036003800Rent in $15053863

* 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
 

$1,105,200$1,350,800$1,228,000

PURCHASE PRICE

$3,762$4,598$4,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,180
EXPENSES Loan Payment -$4,531
Property Tax -$1,301
Property Insurance -$100
HOA -$116
Property Management Fees -$205
CASH FLOW
-$2,073

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.

$1,228,000

PROJECTED PRICE

$4,180

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
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$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$331,170

INVESTMENT

$331,170

Down Payment
$307,000
Rehab Estimate
$5,750
Closing Costs
$18,420

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,531

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $307,000
Loan Amount $921,000
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$133

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
  • $4,516

    COMP ESTIMATED VALUE
  • $1.48

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,2003$4,200
$4,200
RENT COMPS ANALYSIS
  • 2650 Tribune Avenue Hayward, CA 1
    • 4 beds 3 baths ∙ 3,041 Sqft ∙ Built 2013 4 beds 3 baths ∙ 3,041 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2116 Pappas Pl Hayward, CA 2
    • 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,930 Sqft ∙ Built 1994
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.43
    •  
  • 28736 Vista Grande Dr Hayward, CA 3
    • 4 beds 3 baths ∙ 2,734 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,734 Sqft ∙ Built 2019
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.54
    •  
PROPERTY LISTING DETAILS
Steve Mohseni
Compass
BESbswy