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3161 Stanley Blvd Lafayette, CA 94549

3 Beds 2 Baths 1,239 sqft Built 1951

$1,095,000

List Price

$3,240

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 1951
  • Price/Sqft : $883.78
  • 4 Days on Market
  • MLS # : CC40928146
  • Updated Date : 11/05/2020 at 14:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,239 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

Picture perfect single story rancher with endless curb appeal including white farm fence lined with roses and quaint paver pathway. Easy CA living in this completely updated 3 bedroom and 2 full bathroom home. Light filled kitchen with stainless steel appliances, shaker cabinetry and eat-in breakfast nook. Formal living & dining rooms w/ fireplace. Wonderful primary suite with new bathroom addition, ample storage and custom shaker cabinetry. Newly refinished hardwood floors throughout. Spacious mud room/laundry room combo - perfect for active families. Manicured front & rear yards with paver patio for outdoor dining & entertaining. Charming garden beds and mature fruit trees. New paver driveway and lovely front porch. Magical neighborhood where Springhill Elem, Acalanes HS, beloved Springbrook Pool and Briones hiking and biking trails are just steps away. Bus pick up for Stanley Intermediate just around the corner. AWARD WINNING LAF SCHOOLS.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Springbrook

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $273k1440k

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

Neighborhood: Springbrook

NeighborhoodNIR Market*CityMarket2010Year20012019 Q22000250030003500400045005000Rent in $16715037

* 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
Springhill Elementary School Primary Regular 487 22 9
M. H. Stanley Middle School Middle Regular 1,178 52 10
Acalanes High School High Regular 1,396 69 10

Springhill Elementary School

  • Education Level: Primary
  • # of students: 487
  • # of teachers: 22
9
GreatSchools Rating

M. H. Stanley Middle School

  • Education Level: Middle
  • # of students: 1,178
  • # of teachers: 52
10
GreatSchools Rating

Acalanes High School

  • Education Level: High
  • # of students: 1,396
  • # of teachers: 69
10
GreatSchools Rating
 

$985,500$1,204,500$1,095,000

PURCHASE PRICE

$2,916$3,564$3,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,240
EXPENSES Loan Payment -$4,040
Property Tax -$1,149
Property Insurance -$57
Property Management Fees -$159
CASH FLOW
-$2,165

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.

$1,095,000

PROJECTED PRICE

$3,240

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.8%
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

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$295,925

INVESTMENT

$295,925

Down Payment
$273,750
Rehab Estimate
$5,750
Closing Costs
$16,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,040

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $273,750
Loan Amount $821,250
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$54

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
  • $2,980

    COMP ESTIMATED VALUE
  • $2.41

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,800
$3,800
RENT COMPS ANALYSIS
  • 3161 Stanley Blvd Lafayette, CA 1
    • 3 beds 2 baths ∙ 1,239 Sqft ∙ Built 1951 3 beds 2 baths ∙ 1,239 Sqft ∙ Built 1951
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 65 Valla Court Walnut Creek, CA 2
    • 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1954
    LEASED 10/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $2.41
    •  
  • 1028 Leland Dr Lafayette, CA 3
    • 4 beds 2 baths ∙ 1,582 Sqft ∙ Built 1962 4 beds 2 baths ∙ 1,582 Sqft ∙ Built 1962
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.40
    •  
PROPERTY LISTING DETAILS
Erin Martin
Compass
BESbswy