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3339 Wisconsin Street Oakland, CA 94602

3 Beds 2 Baths 1,728 sqft Built 1978

$895,000

List Price

$3,700

$3.5K - $4K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $517.94
  • 4 Days on Market
  • MLS # : BE40930905
  • Updated Date : 12/05/2020 at 18:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,728 sqft
  • Baths : 1 full , 1 half
Listing Agent

Keller Williams Realty

Listing Agent's Description

Situated on an expansive corner lot with majestic oak and urban garden, 3339 Wisconsin is a 3BD/1.5BA 1728 sq ft Contemporary on a tranquil street in the Upper Dimond neighborhood. This light-filled home features a spacious living room, formal dining room, family room, massive primary bedroom, and modern kitchen and baths. Other amenities include three bedrooms on one level, abundant storage opportunities, and a two-car garage with interior access. A railed deck overlooks the over-sized back yard with covered patio. Located near respected neighborhood schools, the home is also convenient to Sausal Creek, Dimond Park (and the newly remodeled Lions Pool), and Farmer Joe's Marketplace, as well as excellent commuter access, and AC Transit bus lines.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Upper Laurel

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1015k

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

Neighborhood: Upper Laurel

NeighborhoodNIR Market*CityMarket2010Year20012019 Q214001600180020002200240026002800300032003400Rent in $13323490

* 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
Chabot Elementary School Primary Regular 573 22 10
Hillcrest Elementary School Middle Regular 359 15 10
Oakland High School High Regular 1,515 67 5

Chabot Elementary School

  • Education Level: Primary
  • # of students: 573
  • # of teachers: 22
10
GreatSchools Rating

Hillcrest Elementary School

  • Education Level: Middle
  • # of students: 359
  • # of teachers: 15
10
GreatSchools Rating

Oakland High School

  • Education Level: High
  • # of students: 1,515
  • # of teachers: 67
5
GreatSchools Rating
 

$805,500$984,500$895,000

PURCHASE PRICE

$3,330$4,070$3,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,700
EXPENSES Loan Payment -$3,302
Property Tax -$1,089
Property Insurance -$69
Property Management Fees -$181
CASH FLOW
-$941

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.

$895,000

PROJECTED PRICE

$3,700

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.8%
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-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$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$242,925

INVESTMENT

$242,925

Down Payment
$223,750
Rehab Estimate
$5,750
Closing Costs
$13,425

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,302

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $223,750
Loan Amount $671,250
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$10,941

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
  • $4,614

    COMP ESTIMATED VALUE
  • $2.67

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,250
$4,250
RENT COMPS ANALYSIS
  • 3339 Wisconsin Street Oakland, CA 1
    • 3 beds 2 baths ∙ 1,728 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,728 Sqft ∙ Built 1978
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4326 Terrabella Way Oakland, CA 2
    • 3 beds 3 baths ∙ 1,594 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,594 Sqft ∙ Built 1994
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,250
    • $2.67
    •  
PROPERTY LISTING DETAILS
David Gunderman
Keller Williams Realty
BESbswy