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34609 Calcutta Dr Fremont, CA 94555

4 Beds 2 Baths 1,633 sqft Built 1977

$1,335,000

List Price

$3,040

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $817.51
  • 6 Days on Market
  • MLS # : ML81821931
  • Updated Date : 12/04/2020 at 21:20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,633 sqft
  • Baths : 2 full
Listing Agent

Compass

Listing Agent's Description

SLEEK, NEWLY REMODELED HOME | Over $200,000 upgrade! Tucked within a calm, secure setting, this atrium-style home extensively remodeled in 2020 combines modern luxury with excellent proximity to top attractions. Warm, open interiors bathed in natural light have been tastefully redesigned to offer a stunning new kitchen, luxury baths, elegant master suite, and flexible office/bedroom. Enjoy unwinding in the outdoors with new landscaping, an atrium, and a large, private rear patio. Includes soaring ceilings, wide-plank floors, and garage with EV wiring. Near beautiful Quarry Lakes, popular shopping centers, freeways, Amtrak, BART, and magnet companies like Facebook, Tesla, and more. Top schools nearby are Warwick Elementary, Thornton Junior, and American High (buyer to verify attendance).

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Northgate

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1162k

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

Neighborhood: Northgate

NeighborhoodNIR Market*CityMarket2010Year20012019 Q218002000220024002600280030003200340036003800Rent in $16623863

* 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
Warwick Elementary School Primary Regular 862 33 8
Thornton Junior High School Middle Regular 1,156 38 8
American High School High Regular 1,985 80 10

Warwick Elementary School

  • Education Level: Primary
  • # of students: 862
  • # of teachers: 33
8
GreatSchools Rating

Thornton Junior High School

  • Education Level: Middle
  • # of students: 1,156
  • # of teachers: 38
8
GreatSchools Rating

American High School

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

$1,201,500$1,468,500$1,335,000

PURCHASE PRICE

$2,736$3,344$3,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,040
EXPENSES Loan Payment -$4,926
Property Tax -$1,456
Property Insurance -$67
Property Management Fees -$149
CASH FLOW
-$3,557

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.

$1,335,000

PROJECTED PRICE

$3,040

PROJECTED RENT

0.23%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 13.4%
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$359,525

INVESTMENT

$359,525

Down Payment
$333,750
Rehab Estimate
$5,750
Closing Costs
$20,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,926

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $333,750
Loan Amount $1,001,250
See What Happens When You Reinvest Cash Flow

-0.25

YEARS SAVED

-$222

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
  • $3,315

    COMP ESTIMATED VALUE
  • $2.03

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9003$2,9904$3,4005$3,550
$3,550
RENT COMPS ANALYSIS
  • 34609 Calcutta Dr Fremont, CA 1
    • 4 beds 2 baths ∙ 1,633 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,633 Sqft ∙ Built 1977
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4137 Becerra Dr Fremont, CA 2
    • 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 1974
    property image
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.84
    •  
  • 34316 Siward Drive Fremont, CA 3
    • 3 beds 3 baths ∙ 1,451 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,451 Sqft ∙ Built 1986
    property image
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,990
    • $2.06
    •  
  • 4802 Mallard Cmn Fremont, CA 4
    • 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987
    property image
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.07
    •  
  • 34462 Benedick Ln Fremont, CA 5
    • 4 beds 3 baths ∙ 1,648 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,648 Sqft ∙ Built 1986
    property image
    LEASED 11/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $2.15
    •  
PROPERTY LISTING DETAILS
Julie Tsai Law
Compass
BESbswy