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32762 Hanford Ct Union City, CA 94587

3 Beds 3 Baths 1,555 sqft Built 1985

$1,025,000

List Price

$3,000

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1985
  • Price/Sqft : $659.16
  • 6 Days on Market
  • MLS # : BE40927434
  • Updated Date : 11/01/2020 at 10:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,555 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realty Experts

Listing Agent's Description

Welcome to this gorgeous Ponderosa home located in a private court location! You will fall in love with this enchanting, park-like backyard sitting on a huge 6,250 sq ft lot. Relax on your private patio with gatherings around the fire pit. Mature landscaping with tons of fruit trees, fresh manicured lawn and gorgeous rose garden. The Decoto models offers 3 bedrooms, 2.5 baths and 1,555 sq ft of open living space. Formal living and dining rooms with high soaring ceilings, an abundance of natural light, laminate floors and a wide feature staircase.�A remodeled kitchen with custom high-end finishes. Additional upgrades include new interior paint, new laminate floors, new plush carpet, updated bathrooms, recessed lights, custom window treatments and more! Short walk to Pioneer Elementary School and Accinelli Park. Great location with easy access to I-880/84/92, BART, shopping and entertainment at nearby Union Landing, Alameda Creek Trail, Coyote Hills and major employers of the Bay Area!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Union City

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1028k

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

Neighborhood: Union City

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200Rent in $16323395

* 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
Pioneer Elementary School Primary Regular 839 32 5
Itliong-vera Cruz Middle School Middle Regular NA
James Logan High School High Regular 3,912 153 7

Pioneer Elementary School

  • Education Level: Primary
  • # of students: 839
  • # of teachers: 32
5
GreatSchools Rating

Itliong-vera Cruz Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

James Logan High School

  • Education Level: High
  • # of students: 3,912
  • # of teachers: 153
7
GreatSchools Rating
 

$922,500$1,127,500$1,025,000

PURCHASE PRICE

$2,700$3,300$3,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,000
EXPENSES Loan Payment -$3,782
Property Tax -$1,201
Property Insurance -$65
Property Management Fees -$149
CASH FLOW
-$2,196

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.

$1,025,000

PROJECTED PRICE

$3,000

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
Maintenance Year (1-5) 8.00%
Vacancy 4.60%
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$277,375

INVESTMENT

$277,375

Down Payment
$256,250
Rehab Estimate
$5,750
Closing Costs
$15,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,782

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $256,250
Loan Amount $768,750
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$13

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
  • $3,032

    COMP ESTIMATED VALUE
  • $1.95

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7503$3,2004$3,5005$3,650
$3,650
RENT COMPS ANALYSIS
  • 32762 Hanford Ct Union City, CA 1
    • 3 beds 3 baths ∙ 1,555 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,555 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4537 Ellen Way Union City, CA 2
    • 4 beds 2 baths ∙ 1,463 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,463 Sqft ∙ Built 1971
    LEASED 01/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.88
    •  
  • 33208 Lake Superior Ct Fremont, CA 3
    • 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 1969
    LEASED 10/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.01
    •  
  • 3885 Avocet Ter Fremont, CA 4
    • 4 beds 3 baths ∙ 1,853 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,853 Sqft ∙ Built 1987
    LEASED 05/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.89
    •  
  • 4337 Palmdale St Union City, CA 5
    • 4 beds 3 baths ∙ 1,803 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,803 Sqft ∙ Built 1986
    LEASED 10/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $2.02
    •  
PROPERTY LISTING DETAILS
Navi Dhillon
Realty Experts
BESbswy