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3203 Southwycke Ter Fremont, CA 94536

3 Beds 3 Baths 1,466 sqft Built 1988

$1,161,900

List Price

$3,150

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 17, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1988
  • Price/Sqft : $792.56
  • 5 Days on Market
  • MLS # : BE40932096
  • Updated Date : 12/17/2020 at 13:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,466 sqft
  • Baths : 3 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Welcome Home! This is a Shea built home, in a quiet cul-de-sac location,features 3 bedrooms and 3 baths over 1460 feet of livable space. Vaulted ceilings in the living room add to the spacious and light, bright feeling in this home.The kitchen has been updated with newer cabinets,slab granite counters,gas range and a solarium window that floods the kitchen with natural light. There is a bedroom and full bath downstairs.Head upstairs and you will find 2 master suites!The larger master features vaulted ceilings,a large walk-in closet. The master bath has been updated with dual sinks and an oversized shower.The smaller master features a remodeled bath and plenty of closet space.The home was recently painted and the carpets were cleaned,nothing to do but move in and enjoy.You will love your new community with a nicely maintained pool, low HOA dues,and convenient location to commute routes,award winning schools shopping and convenient access to Alameda Creek Trail.Your search ends here

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Brookvale

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1212k

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

Neighborhood: Brookvale

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
Brookvale Elementary School Primary Regular 658 26 7
Thornton Junior High School Middle Regular 1,156 38 8
American High School High Regular 1,985 80 10

Brookvale Elementary School

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 26
7
GreatSchools Rating

Thornton Junior High School

  • Education Level: Middle
  • # of students: 1,156
  • # of teachers: 38
8
GreatSchools Rating

American High School

  • Education Level: High
  • # of students: 1,985
  • # of teachers: 80
10
GreatSchools Rating
 

$1,045,710$1,278,090$1,161,900

PURCHASE PRICE

$2,835$3,465$3,150

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,150
EXPENSES Loan Payment -$4,287
Property Tax -$1,270
Property Insurance -$63
HOA -$81
Property Management Fees -$154
CASH FLOW
-$2,705

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.

$1,161,900

PROJECTED PRICE

$3,150

PROJECTED RENT

0.27%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.8%
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$1.0M$2.0M$3.0M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$0.0

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$313,654

INVESTMENT

$313,654

Down Payment
$290,475
Rehab Estimate
$5,750
Closing Costs
$17,429

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$4,287

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $290,475
Loan Amount $871,425
See What Happens When You Reinvest Cash Flow

-0.17

YEARS SAVED

-$72

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,150

    LIST RENT
  • $2.15

    LIST RENT PER SQFT
  • $3,207

    COMP ESTIMATED VALUE
  • $2.19

    COMP AVG. RENT PER SQFT
Comps Range
$3,150
1$3,1502$3,2503$3,3504$3,4505$3,450
$3,450
RENT COMPS ANALYSIS
  • 3203 Southwycke Ter Fremont, CA 1
    • 3 beds 3 baths ∙ 1,466 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,466 Sqft ∙ Built 1988
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $2.15
    •  
  • 3732 Dunbar Pl Fremont, CA 2
    • 3 beds 2 baths ∙ 1,453 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,453 Sqft ∙ Built 1977
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $2.24
    •  
  • 2999 Southwycke Fremont, CA 3
    • 3 beds 3 baths ∙ 1,466 Sqft ∙ Built 1988 3 beds 3 baths ∙ 1,466 Sqft ∙ Built 1988
    property image
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $2.29
    •  
  • 35046 Lilac Loop Union City, CA 4
    • 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978
    property image
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.21
    •  
  • 3332 Kipling Pl Fremont, CA 5
    • 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 1971
    property image
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.01
    •  
PROPERTY LISTING DETAILS
Anthony Bruno
Coldwell Banker Realty
BESbswy