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3237 Bennington Ct Walnut Creek, CA 94598

3 Beds 3 Baths 2,465 sqft Built 1977

$1,249,000

List Price

$4,520

$4.3K - $4.8K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $506.69
  • 4 Days on Market
  • MLS # : CC40929127
  • Updated Date : 11/14/2020 at 08:46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,465 sqft
  • Baths : 2 full , 1 half
Listing Agent

Better Homes And Gardens Rp

Listing Agent's Description

NORTHGATE NEW TO MARKET! Charming home with warmth and character..HARDWOOD FLOORS, vaulted ceilings, updated kitchen, formal living/dining and large family room with separate office area. EXPANDED MASTER SUITE with updated bath, two walk-in closets and separate sitting area. POOL, patio, 3-CAR FINISHED GARAGE with epoxy flooring and built-in cabinets. Nearby trail access, NORTHGATE SCHOOLS, Arbolado Park, trails, Whole Foods and Orchards Shopping Center.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Carriage Hills

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500kPrice in $273k1527k

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

Neighborhood: Carriage Hills

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000420044004600Rent in $16714690

* 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
Valle Verde Elementary School Primary Regular 482 16 6
Foothill Middle School Middle Regular 1,014 40 9
Northgate High School High Regular 1,671 67 10

Valle Verde Elementary School

  • Education Level: Primary
  • # of students: 482
  • # of teachers: 16
6
GreatSchools Rating

Foothill Middle School

  • Education Level: Middle
  • # of students: 1,014
  • # of teachers: 40
9
GreatSchools Rating

Northgate High School

  • Education Level: High
  • # of students: 1,671
  • # of teachers: 67
10
GreatSchools Rating
 

$1,124,100$1,373,900$1,249,000

PURCHASE PRICE

$4,068$4,972$4,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,520
EXPENSES Loan Payment -$4,608
Property Tax -$1,264
Property Insurance -$87
Property Management Fees -$221
CASH FLOW
-$1,660

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.

$1,249,000

PROJECTED PRICE

$4,520

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.4%
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-$30k-$20k-$10k$0.0$10k$20k

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$336,735

INVESTMENT

$336,735

Down Payment
$312,250
Rehab Estimate
$5,750
Closing Costs
$18,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$4,608

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $312,250
Loan Amount $936,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$3,360

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
  • $4,848

    COMP ESTIMATED VALUE
  • $1.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,3003$4,3004$4,500
$4,500
RENT COMPS ANALYSIS
  • 3237 Bennington Ct Walnut Creek, CA 1
    • 3 beds 3 baths ∙ 2,465 Sqft ∙ Built 1977 3 beds 3 baths ∙ 2,465 Sqft ∙ Built 1977
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 53 Castle Rock Rd Walnut Creek, CA 2
    • 4 beds 2 baths ∙ 2,120 Sqft ∙ Built 1967 4 beds 2 baths ∙ 2,120 Sqft ∙ Built 1967
    property image
    LEASED 05/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $2.03
    •  
  • 1020 Pontiac Ct Walnut Creek, CA 3
    • 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 1974 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 1974
    property image
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,300
    • $1.87
    •  
  • 3374 Whitehaven Dr Walnut Creek, CA 4
    • 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,254 Sqft ∙ Built 1978
    property image
    LEASED 10/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $2.00
    •  
PROPERTY LISTING DETAILS
Kathy Vendel
Better Homes And Gardens Rp
BESbswy