Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1972
- Price/Sqft : $687.65
- 4 Days on Market
- MLS # : ML81824306
- Updated Date : 12/31/2020 at 16:10
CONSTRUCTION
- Beds : 4
- Floor Size : 1,636 sqft
- Baths : 2 full
Listing Agent
Compass
Listing Agent's Description
This 4 bedroom, 2 bath home has a fabulous open floorplan with vaulted ceiling and many upgrades throughout. Located at a quiet cul-de-sac lot within a highly desirable Newark Lakes community. Beautiful kitchen with quartz countertops, white cabinetry and stainless steel appliances, recessed lighting & breakfast bar. New interior painting, updated bathrooms, laminate flooring through out the house. Professionally landscaped front yard and low maintenance backyard. Basketball hoop in side yard. Walking distance to Newark Lake, close to schools, Easy commute to Facebook & Silicon Valley High Tech Companies, & More. Near Dumbarton Bridge, easy access to Highway 84 & 880, Facebook Campus & 4 shopping centers (Sprouts, Ranch 99, etc).
SEE MORE
PRICE & RENT TRENDS
Neighborhood: Newark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Newark
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,480 |
| EXPENSES | Loan Payment | -$4,151 |
| Property Tax | -$1,202 | |
| Property Insurance | -$67 | |
| Property Management Fees | -$171 | |
|
CASH FLOW
-$2,110
|
||
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.
$1,125,000
PROJECTED PRICE
$3,480
PROJECTED RENT
0.31%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 13.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$303,875
LOAN DETAILS
$4,151
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $281,250 |
| Loan Amount | $843,750 |
0.08
YEARS SAVED
$86
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
-
$3,468
COMP ESTIMATED VALUE -
$2.12
COMP AVG. RENT PER SQFT
Comps Range
-
35321 Cheviot Ct Newark, CA 1
- 4 beds 2 baths ∙ 1,636 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,636 Sqft ∙ Built 1972
- Rent
- Rent Per SQFT
- $0
- $0.00
-
34694 Siward Dr Fremont, CA 2
- 3 beds 3 baths ∙ 1,446 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,446 Sqft ∙ Built 1987
LEASED 12/02/20- Rent
- Rent Per SQFT
- $3,250
- $2.25
-
34689 Spoonbill Cmn Fremont, CA 3
- 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,641 Sqft ∙ Built 1987
LEASED 12/05/20- Rent
- Rent Per SQFT
- $3,300
- $2.01
-
4802 Mallard Cmn Fremont, CA 4
- 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
-
34462 Benedick Ln Fremont, CA 5
- 4 beds 3 baths ∙ 1,648 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,648 Sqft ∙ Built 1986
LEASED 11/11/20- Rent
- Rent Per SQFT
- $3,550
- $2.15
PROPERTY LISTING DETAILS
Compass
