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34343 Tupelo St Fremont, CA 94555

4 Beds 3 Baths 1,782 sqft Built 1991

$1,298,880

List Price

$3,530

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1991
  • Price/Sqft : $728.89
  • 5 Days on Market
  • MLS # : BE40931559
  • Updated Date : 12/11/2020 at 17:54
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,782 sqft
  • Baths : 2 full , 1 half
Listing Agent

Bayone Real Estate Inv Corp

Listing Agent's Description

Gorgeous remodeled, well-lit home is located in the prestigious Ardenwood Elementary School neighborhood. This North East Facing home features an open floor plan to provide you with a modern style living, vaulted ceilings with recessed lighting, updated laminate flooring, separate family room, spacious remodeled kitchen with granite countertops and stainless steel appliances, new paint upstairs, updated bathrooms, lots of natural light, A/C, newer water heater, security system and beautiful backyard with many planters and trees. Enjoy this convenient location close to shopping, restaurants, minutes to Coyote Hills Regional Park, historic Ardenwood Farm, Facebook shuttle stop, 880/84/Bart. Future home of Facebook nearby (approx 5 minute drive). Don't miss this one! Bring your best offer and make this your home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ardenwood

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1212k

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

Neighborhood: Ardenwood

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
Ardenwood Elementary School Primary Regular 965 34 8
Ardenwood Elementary School Middle Regular 965 34 8
American High School High Regular 1,985 80 10

Ardenwood Elementary School

  • Education Level: Primary
  • # of students: 965
  • # of teachers: 34
8
GreatSchools Rating

Ardenwood Elementary School

  • Education Level: Middle
  • # of students: 965
  • # of teachers: 34
8
GreatSchools Rating

American High School

  • Education Level: High
  • # of students: 1,985
  • # of teachers: 80
10
GreatSchools Rating
 

$1,168,992$1,428,768$1,298,880

PURCHASE PRICE

$3,177$3,883$3,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,530
EXPENSES Loan Payment -$4,792
Property Tax -$1,326
Property Insurance -$70
HOA -$40
Property Management Fees -$173
CASH FLOW
-$2,871

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.

$1,298,880

PROJECTED PRICE

$3,530

PROJECTED RENT

0.27%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.9%
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-$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$349,953

INVESTMENT

$349,953

Down Payment
$324,720
Rehab Estimate
$5,750
Closing Costs
$19,483

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,792

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $324,720
Loan Amount $974,160
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$35

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,530

    LIST RENT
  • $1.98

    LIST RENT PER SQFT
  • $3,542

    COMP ESTIMATED VALUE
  • $1.99

    COMP AVG. RENT PER SQFT
Comps Range
$3,300
1$3,3002$3,4003$3,4004$3,5305$3,699
$3,699
RENT COMPS ANALYSIS
  • 34343 Tupelo St Fremont, CA 4
    • 4 beds 3 baths ∙ 1,782 Sqft ∙ Built 1991 4 beds 3 baths ∙ 1,782 Sqft ∙ Built 1991
    • Rent
    • Rent Per SQFT
    •  
    • $3,530
    • $1.98
    •  
  • 33913 Tybalt Ct Fremont, CA 1
    • 4 beds 3 baths ∙ 1,717 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,717 Sqft ∙ Built 1986
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.92
    •  
  • 34521 Winslow Ter Fremont, CA 2
    • 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,727 Sqft ∙ Built 1987
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.97
    •  
  • 4802 Mallard Cmn Fremont, CA 3
    • 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.07
    •  
  • 34696 Teal Cmn Fremont, CA 5
    • 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1988
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,699
    • $1.99
    •  
PROPERTY LISTING DETAILS
Joyce He
Bayone Real Estate Inv Corp
BESbswy