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2731 Wheatman Ct Pleasanton, CA 94588

4 Beds 3 Baths 2,192 sqft Built 1998

$1,220,000

List Price

$3,830

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

November 08, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $556.57
  • 2 Days on Market
  • MLS # : BE40928029
  • Updated Date : 11/07/2020 at 19:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,192 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windemere Realty Inc

Listing Agent's Description

THIS IS IT! Enjoy California living at its best with this highly upgraded, NE facing, rarely available four-bed floorplan in the sought after Stoneridge Place community. This immaculate home is graced with soaring ceilings, elegant living, formal dining and a cozy family room downstairs. Freshly painted throughout, ceiling fans in all bedrooms. Beautifully upgraded Eat-in kitchen with granite countertops & SS appliances, New HVAC, Water Softener, RO unit. 2 car finished garage with parking for 2 additional cars in driveway. The master suite features a spacious walk-in closet & a luxuriously remodeled master bath with jacuzzi and separate shower. The upstairs also features 3 secondary bedrooms, a recently updated hall bath and plush carpets. Low maintenance backyard with pergola & deck perfect for entertaining. Community swimming pool, Walk to top-rated elementary school and park. Easy access to 580, 680, BART, SF Outlets and Pleasanton Downtown. This gem won't last long!!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Stonebridge Park

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1246k

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

Neighborhood: Stonebridge Park

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16713863

* 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
Henry P. Mohr Elementary School Primary Regular 662 25 9
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Henry P. Mohr Elementary School

  • Education Level: Primary
  • # of students: 662
  • # of teachers: 25
9
GreatSchools Rating

Harvest Park Middle School

  • Education Level: Middle
  • # of students: 1,169
  • # of teachers: 44
9
GreatSchools Rating

Amador Valley High School

  • Education Level: High
  • # of students: 2,612
  • # of teachers: 100
9
GreatSchools Rating
 

$1,098,000$1,342,000$1,220,000

PURCHASE PRICE

$3,447$4,213$3,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,830
EXPENSES Loan Payment -$4,501
Property Tax -$1,178
Property Insurance -$80
HOA -$185
Property Management Fees -$188
CASH FLOW
-$2,301

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.

$1,220,000

PROJECTED PRICE

$3,830

PROJECTED RENT

0.31%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.6%
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$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0$5.0k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$329,050

INVESTMENT

$329,050

Down Payment
$305,000
Rehab Estimate
$5,750
Closing Costs
$18,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,501

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $305,000
Loan Amount $915,000
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$84

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
  • $4,011

    COMP ESTIMATED VALUE
  • $1.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5953$3,7504$3,9255$4,200
$4,200
RENT COMPS ANALYSIS
  • 2731 Wheatman Ct Pleasanton, CA 1
    • 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 2773 Maria St Pleasanton, CA 2
    • 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,034 Sqft ∙ Built 2002
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,595
    • $1.77
    •  
  • 2770 Curry Street Pleasanton, CA 3
    • 4 beds 3 baths ∙ 2,013 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,013 Sqft ∙ Built 2003
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,750
    • $1.86
    •  
  • 2910 Yorkshire Ct Pleasanton, CA 4
    • 4 beds 3 baths ∙ 2,150 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,150 Sqft ∙ Built 1986
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,925
    • $1.83
    •  
  • 3926 Scottfield Street Dublin, CA 5
    • 4 beds 4 baths ∙ 2,254 Sqft ∙ Built 2018 4 beds 4 baths ∙ 2,254 Sqft ∙ Built 2018
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.86
    •  
PROPERTY LISTING DETAILS
Sunny Khatav
Windemere Realty Inc
BESbswy