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378 Stonington Court Brentwood, CA 94513

4 Beds 5 Baths 3,985 sqft Built 2017

$1,150,000

List Price

$3,460

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $288.58
  • 3 Days on Market
  • MLS # : EB40929224
  • Updated Date : 11/13/2020 at 16:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,985 sqft
  • Baths : 4 full , 1 half
Listing Agent

Exp Realty

Listing Agent's Description

Lovely two story home with an in-law suite with walk-out separate bathroom, kitchen, walk-in closet and laundry room. Gorgeous gourmet kitchen with Italian double oven, double sink in island, quartz countertops, dishwasher, microwave and eat-in area. Large family room with pre-wired 7.2 speaker system, ceiling fan and views of the backyard. Master bedroom with an amazing view of Mount Diablo out of the giant windows, tray ceiling and recessed lighting paired beautifully with the master bathroom. The bathroom has a large jacuzzi tub, spacious sit-in shower, dual walk-in closet, modern glass tile and thick glass mirrors. The loft is also very large and has room to convert into a dining area, office space, entertainment area or game room. Outside is our favorite part with an in-ground pool, spa, pergola, stamped concrete, landscaping: fruit trees, roses, etc., automatic sprinklers, and landscape lighting. This luxury home is glamorous, so if it seems right for you come take a look!

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PRICE & RENT TRENDS

Neighborhood: Marquette

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $206k1424k

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

Neighborhood: Marquette

NeighborhoodNIR Market*CityMarket2010Year20012019 Q214001600180020002200240026002800300032003400360038004000Rent in $13954129

* 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
Mary Casey Black Elementary School Primary Unknown 546 22 NA
Edna Hill Middle School Middle Regular 898 37 6
Liberty High School High Magnet 2,520 106 7

Mary Casey Black Elementary School

  • Education Level: Primary
  • # of students: 546
  • # of teachers: 22
NA
GreatSchools Rating

Edna Hill Middle School

  • Education Level: Middle
  • # of students: 898
  • # of teachers: 37
6
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,520
  • # of teachers: 106
7
GreatSchools Rating
 

$1,035,000$1,265,000$1,150,000

PURCHASE PRICE

$3,114$3,806$3,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,460
EXPENSES Loan Payment -$4,243
Property Tax -$1,143
Property Insurance -$123
Property Management Fees -$170
CASH FLOW
-$2,219

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.

$1,150,000

PROJECTED PRICE

$3,460

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.4%
Maintenance Year (1-5) 8.00%
Vacancy 4.63%
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-$35k-$30k-$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$310,500

INVESTMENT

$310,500

Down Payment
$287,500
Rehab Estimate
$5,750
Closing Costs
$17,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,243

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $287,500
Loan Amount $862,500
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$73

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,460

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $3,626

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$3,400
1$3,4002$3,460
$3,460
RENT COMPS ANALYSIS
  • 378 Stonington Court Brentwood, CA 2
    • 4 beds 5 baths ∙ 3,985 Sqft ∙ Built 2017 4 beds 5 baths ∙ 3,985 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $3,460
    • $0.87
    •  
  • 2265 Star Lilly Ct Brentwood, CA 1
    • 4 beds 3 baths ∙ 3,721 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,721 Sqft ∙ Built 2006
    LEASED 09/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.91
    •  
PROPERTY LISTING DETAILS
Krista Mashore
Exp Realty
BESbswy