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3250 Oakes Hayward, CA 94542

3 Beds 2 Baths 1,767 sqft Built 1961

$925,000

List Price

$3,360

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

October 31, 2020 RECENTLY ADDED
FACTS
  • Built In 1961
  • Price/Sqft : $523.49
  • 4 Days on Market
  • MLS # : BE40927683
  • Updated Date : 11/01/2020 at 18:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,767 sqft
  • Baths : 2 full
Listing Agent

Home Buyers Realty

Listing Agent's Description

Wow, Wow, Wow. It is not hyperbole to say this house is truly special. A Contemporary style home with a mid century modern feel. Views views views in Woodland Estate neighborhood with nature all around. Large windows so you can take advantage of the light and the incredible skyline vista. 3 bedrooms 2 baths and approximately 1700+ sq ft make it a perfect home for a growing family or someone that wants to relax away from the hustle and the bustle of the city. The Hayward hills is a perfect refuge where you are perfectly located to commute to anywhere your career requires. Nearby Woodland Estates community pool and clubhouse.You have to come experience it.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Hayward Highland

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $232k1078k

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

Neighborhood: Hayward Highland

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
 

$832,500$1,017,500$925,000

PURCHASE PRICE

$3,024$3,696$3,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,360
EXPENSES Loan Payment -$3,413
Property Tax -$944
Property Insurance -$70
HOA -$375
Property Management Fees -$165
CASH FLOW
-$1,606

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.

$925,000

PROJECTED PRICE

$3,360

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.5%
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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$250,875

INVESTMENT

$250,875

Down Payment
$231,250
Rehab Estimate
$5,750
Closing Costs
$13,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,413

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $231,250
Loan Amount $693,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$93

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
  • $3,384

    COMP ESTIMATED VALUE
  • $1.92

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,2003$3,500
$3,500
RENT COMPS ANALYSIS
  • 3250 Oakes Hayward, CA 1
    • 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1961 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1961
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1817 Dahill Ln Hayward, CA 2
    • 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1959 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1959
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.63
    •  
  • 258 Jacaranda Dr Hayward, CA 3
    • 4 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,592 Sqft ∙ Built 1980
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.20
    •  
PROPERTY LISTING DETAILS
Sonia Gonzalez
Home Buyers Realty
BESbswy