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3299 Gulfstream St Pleasanton, CA 94588

5 Beds 3 Baths 2,678 sqft Built 1973

$1,439,888

List Price

$4,140

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $537.67
  • 3 Days on Market
  • MLS # : BE40932306
  • Updated Date : 12/19/2020 at 19:46
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,678 sqft
  • Baths : 2 full , 1 half
Listing Agent

Legacy Real Estate & Assoc.

Listing Agent's Description

Fabulous & spacious Fairlands home with 5 bedrooms, 2.5 bathrooms & almost 2,700 sf of living space! This highly sought after neighborhood with top schools includes a community pool, clubhouse, tennis courts, greenbelt & a playground. The updated kitchen features granite countertops, stone backsplash, stainless appliances with flat top stove, trash compactor & built-in microwave. Formal living and dining room with fireplace, plus a family room downstairs, and a half bath. Upstairs you will find 3 nice-size bedrooms, a full guest bath & a master suite with updated bathroom & an additional bedroom/bonus room. Huge master suite includes a walk-in closet with built-in shelving. Double sinks, an updated shower & tile floors round out the master bath. The backyard is an entertainer's delight with inground pool, spa & separate hot tub plus greenbelt view. Fairlands Elementary, Hart MS, Foothill/Amador HS option.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pleasanton Meadows

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1180k

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

Neighborhood: Pleasanton Meadows

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
Fairlands Elementary School Primary Regular 776 28 8
Thomas S. Hart Middle School Middle Regular 1,164 46 9
Amador Valley High School High Regular 2,612 100 9

Fairlands Elementary School

  • Education Level: Primary
  • # of students: 776
  • # of teachers: 28
8
GreatSchools Rating

Thomas S. Hart Middle School

  • Education Level: Middle
  • # of students: 1,164
  • # of teachers: 46
9
GreatSchools Rating

Amador Valley High School

  • Education Level: High
  • # of students: 2,612
  • # of teachers: 100
9
GreatSchools Rating
 

$1,295,899$1,583,877$1,439,888

PURCHASE PRICE

$3,726$4,554$4,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,140
EXPENSES Loan Payment -$5,313
Property Tax -$1,396
Property Insurance -$92
HOA -$395
Property Management Fees -$203
CASH FLOW
-$3,258

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.

$1,439,888

PROJECTED PRICE

$4,140

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 9.6%
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$5.0M

PROJECTED ANNUAL CASH FLOW

11530-$50k-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$387,320

INVESTMENT

$387,320

Down Payment
$359,972
Rehab Estimate
$5,750
Closing Costs
$21,598

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,313

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $359,972
Loan Amount $1,079,916
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$69

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
  • $3,990

    COMP ESTIMATED VALUE
  • $1.49

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,5503$4,200
$4,200
RENT COMPS ANALYSIS
  • 3299 Gulfstream St Pleasanton, CA 1
    • 5 beds 3 baths ∙ 2,678 Sqft ∙ Built 1973 5 beds 3 baths ∙ 2,678 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3181 Camdon Ct Pleasanton, CA 2
    • 4 beds 3 baths ∙ 2,471 Sqft ∙ Built 1971 4 beds 3 baths ∙ 2,471 Sqft ∙ Built 1971
    LEASED 09/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $1.44
    •  
  • 2093 Greenwood Rd Pleasanton, CA 3
    • 6 beds 3 baths ∙ 2,724 Sqft ∙ Built 1970 6 beds 3 baths ∙ 2,724 Sqft ∙ Built 1970
    LEASED 09/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.54
    •  
PROPERTY LISTING DETAILS
Sherri Stoneberger
Legacy Real Estate & Assoc.
BESbswy