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3300 Newport St Pleasanton, CA 94566

3 Beds 4 Baths 2,928 sqft Built 2011

$1,500,000

List Price

$4,830

$4.6K - $5.1K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $512.30
  • 3 Days on Market
  • MLS # : BE40929190
  • Updated Date : 11/13/2020 at 12:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,928 sqft
  • Baths : 3 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Luxury resort living at its best in this 55 and up community, the Village at Ironwood. The community features a clubhouse, gym, library, card room, outdoor barbeque, bocce ball courts, pool and a spa. This contemporary-style home offers a tile roof, solar panels and two-car garage. The two-story home features a second level bedroom and bathroom. There is also an open loft and easy access to the attic with ample storage space. The home has approximately 2,928 square feet of living space. The kitchen boasts granite counters, large island, and a kitchen nook. Additional features include hardwood floors on the first level, carpeting upstairs, and a spacious office. You will enjoy the large bedroom suite featuring a walk-in closet with custom shelves and drawers. This corner lot has well maintained landscaping with an automatic drip system, covered patio, water feature, beautiful landscaping in mint condition. HOA dues are $225./mo.

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PRICE & RENT TRENDS

Neighborhood: Ponderosa

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400k1500kPrice in $273k1538k

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

Neighborhood: Ponderosa

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800400042004400Rent in $16714598

* 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
Alisal Elementary School Primary Regular 621 25 7
Harvest Park Middle School Middle Regular 1,169 44 9
Amador Valley High School High Regular 2,612 100 9

Alisal Elementary School

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 25
7
GreatSchools Rating

Harvest Park Middle School

  • Education Level: Middle
  • # of students: 1,169
  • # of teachers: 44
9
GreatSchools Rating

Amador Valley High School

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

$1,350,000$1,650,000$1,500,000

PURCHASE PRICE

$4,347$5,313$4,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,830
EXPENSES Loan Payment -$5,534
Property Tax -$1,437
Property Insurance -$98
HOA -$225
Property Management Fees -$237
CASH FLOW
-$2,701

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.

$1,500,000

PROJECTED PRICE

$4,830

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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-$30k-$20k-$10k$0.0$10k

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$403,250

INVESTMENT

$403,250

Down Payment
$375,000
Rehab Estimate
$5,750
Closing Costs
$22,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$5,534

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $375,000
Loan Amount $1,125,000
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$134

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
  • $5,007

    COMP ESTIMATED VALUE
  • $1.71

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$5,000
$5,000
RENT COMPS ANALYSIS
  • 3300 Newport St Pleasanton, CA 1
    • 3 beds 4 baths ∙ 2,928 Sqft ∙ Built 2011 3 beds 4 baths ∙ 2,928 Sqft ∙ Built 2011
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1113 Baur Ct Pleasanton, CA 2
    • 4 beds 4 baths ∙ 2,922 Sqft ∙ Built 2008 4 beds 4 baths ∙ 2,922 Sqft ∙ Built 2008
    property image
    LEASED 09/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $5,000
    • $1.71
    •  
PROPERTY LISTING DETAILS
Anthony Medeiros
Coldwell Banker Realty
BESbswy