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33616 Hartford Dr Union City, CA 94587

4 Beds 2 Baths 1,463 sqft Built 1968

$949,000

List Price

$3,180

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $648.67
  • 3 Days on Market
  • MLS # : BE40930461
  • Updated Date : 12/05/2020 at 18:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,463 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Location Location Location, this rare 4 bed 2 bath single level home is nestled at the end of a Cul de sac in Union City. This premium lot property features solar panels, skylights, a fresh new paint in and out, and an attached 2 car garage. Near Searles Elementary, and five blocks from James Logan High School/ Center for the Performing Arts/ Dan Oden Swim/Tennis Complex. Easy access to BART, 880 and shopping. Schedule an appointment today.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Downtown Union City

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1030k

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

Neighborhood: Downtown Union City

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200Rent in $16323363

* 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
Searles Elementary School Primary Regular 716 24 3
Cesar Chavez Middle School Middle Regular 1,283 50 3
James Logan High School High Regular 3,912 153 7

Searles Elementary School

  • Education Level: Primary
  • # of students: 716
  • # of teachers: 24
3
GreatSchools Rating

Cesar Chavez Middle School

  • Education Level: Middle
  • # of students: 1,283
  • # of teachers: 50
3
GreatSchools Rating

James Logan High School

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

$854,100$1,043,900$949,000

PURCHASE PRICE

$2,862$3,498$3,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,180
EXPENSES Loan Payment -$3,501
Property Tax -$1,151
Property Insurance -$62
Property Management Fees -$156
CASH FLOW
-$1,691

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.

$949,000

PROJECTED PRICE

$3,180

PROJECTED RENT

0.34%

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-$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$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$257,235

INVESTMENT

$257,235

Down Payment
$237,250
Rehab Estimate
$5,750
Closing Costs
$14,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,501

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $237,250
Loan Amount $711,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$95

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
  • $3,303

    COMP ESTIMATED VALUE
  • $2.26

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$3,4504$3,4505$3,500
$3,500
RENT COMPS ANALYSIS
  • 33616 Hartford Dr Union City, CA 1
    • 4 beds 2 baths ∙ 1,463 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,463 Sqft ∙ Built 1968
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4276 Gordon St Fremont, CA 2
    • 3 beds 2 baths ∙ 1,180 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,180 Sqft ∙ Built 1977
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $2.29
    •  
  • 1870 Hartnell St Union City, CA 3
    • 4 beds 2 baths ∙ 1,596 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,596 Sqft ∙ Built 1960
    LEASED 12/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.16
    •  
  • 35046 Lilac Loop Union City, CA 4
    • 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.21
    •  
  • Whitehead Ln Fremont, CA 5
    • 4 beds 2 baths ∙ 1,476 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,476 Sqft ∙ Built 1971
    LEASED 02/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $2.37
    •  
PROPERTY LISTING DETAILS
Juan Jose Cervantes
Coldwell Banker Realty
BESbswy