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35457 Morley Pl Fremont, CA 94536

3 Beds 2 Baths 1,688 sqft Built 1971

$1,250,000

List Price

$3,140

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $740.52
  • 3 Days on Market
  • MLS # : ML81822345
  • Updated Date : 12/04/2020 at 23:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,688 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Find your tranquil and serene neighborhood at this Brookvale single family Home in one of Fremonts finest northern neighborhoods. It boasts 3 beds, 2 baths, 1,688 SqFt of living space, plus a permitted sunroom (around 330 sqft) with a larger lot of 6,960 SqFt situated in a quiet court location. This quality-built home has newly refinished hardwood floors throughout. Newly painted interior and exterior. New light fixtures. Newer fences. Central heating and A/C. Easy commute to HWY 880 and Dumbarton bridge. Close to Shops, Parks, Restaurants, Quarry Lakes, BART Station, Google & Facebook Shuttle Stop. Great schools: Brookvale Elementary, Thornton Middle and American High.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Brookvale

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1212k

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

Neighborhood: Brookvale

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
Brookvale Elementary School Primary Regular 658 26 7
Thornton Junior High School Middle Regular 1,156 38 8
American High School High Regular 1,985 80 10

Brookvale Elementary School

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 26
7
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
 

$1,125,000$1,375,000$1,250,000

PURCHASE PRICE

$2,826$3,454$3,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,140
EXPENSES Loan Payment -$4,612
Property Tax -$1,366
Property Insurance -$68
Property Management Fees -$154
CASH FLOW
-$3,060

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.

$1,250,000

PROJECTED PRICE

$3,140

PROJECTED RENT

0.25%

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 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$337,000

INVESTMENT

$337,000

Down Payment
$312,500
Rehab Estimate
$5,750
Closing Costs
$18,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,612

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $312,500
Loan Amount $937,500
See What Happens When You Reinvest Cash Flow

-0.17

YEARS SAVED

-$119

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
  • $3,275

    COMP ESTIMATED VALUE
  • $1.94

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,9003$3,3504$3,4505$3,600
$3,600
RENT COMPS ANALYSIS
  • 35457 Morley Pl Fremont, CA 1
    • 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,688 Sqft ∙ Built 1971
    • 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
    LEASED 12/10/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.84
    •  
  • 36702 Reynolds Dr Fremont, CA 3
    • 4 beds 2 baths ∙ 1,708 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,708 Sqft ∙ Built 1972
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.96
    •  
  • 3332 Kipling Pl Fremont, CA 4
    • 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,714 Sqft ∙ Built 1971
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.01
    •  
  • 36068 Ashton Pl Fremont, CA 5
    • 4 beds 2 baths ∙ 1,849 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,849 Sqft ∙ Built 1971
    LEASED 04/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,600
    • $1.95
    •  
PROPERTY LISTING DETAILS
Aimee Ran Song
Coldwell Banker Realty
BESbswy