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38104 Cambridge Ct Fremont, CA 94536

4 Beds 3 Baths 2,240 sqft Built 1995

$1,279,000

List Price

$4,030

$3.8K - $4.3K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $570.98
  • 2 Days on Market
  • MLS # : BE40931191
  • Updated Date : 12/05/2020 at 19:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,240 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Of California

Listing Agent's Description

Tucked away in a desirable cul-de-sac, this stunning Parkmont home welcomes you in! Ideal floor plan with separate living and family room, large kitchen & formal dining room. High ceilings & large windows throughout allows the light to pour in. Well lit kitchen w/ gas stove, granite counters, 3 yr old stainless steal appliances,D Dual pane windows, Hardwood floors throughout first floor! Spacious master has a walk-in closet. Master bath incl. 2-sink vanity and separate shower & large tub! Additional features incl, upgraded lighting, central AC, 3 yr old carpet, and much more! Ideal commuter location close to 880, 680, 84, BART, ACE train & more! Nearby Quarry Lakes, creek & trails, shopping, hospital, local eateries & great schools! This home is a must-see!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Parkmont

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1104k

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

Neighborhood: Parkmont

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
Parkmont Elementary School Primary Regular 919 33 9
Parkmont Elementary School Middle Regular 919 33 9
Washington High School High Regular 1,833 69 8

Parkmont Elementary School

  • Education Level: Primary
  • # of students: 919
  • # of teachers: 33
9
GreatSchools Rating

Parkmont Elementary School

  • Education Level: Middle
  • # of students: 919
  • # of teachers: 33
9
GreatSchools Rating

Washington High School

  • Education Level: High
  • # of students: 1,833
  • # of teachers: 69
8
GreatSchools Rating
 

$1,151,100$1,406,900$1,279,000

PURCHASE PRICE

$3,627$4,433$4,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,030
EXPENSES Loan Payment -$4,719
Property Tax -$1,398
Property Insurance -$81
Property Management Fees -$197
CASH FLOW
-$2,366

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.

$1,279,000

PROJECTED PRICE

$4,030

PROJECTED RENT

0.32%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 10.9%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$344,685

INVESTMENT

$344,685

Down Payment
$319,750
Rehab Estimate
$5,750
Closing Costs
$19,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,719

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $319,750
Loan Amount $959,250
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$99

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
  • $4,278

    COMP ESTIMATED VALUE
  • $1.91

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$4,000
$4,000
RENT COMPS ANALYSIS
  • 38104 Cambridge Ct Fremont, CA 1
    • 4 beds 3 baths ∙ 2,240 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,240 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 37822 Jasmine Ct Fremont, CA 2
    • 4 beds 3 baths ∙ 2,092 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,092 Sqft ∙ Built 2000
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $1.91
    •  
PROPERTY LISTING DETAILS
Janki Patel
Exp Realty Of California
BESbswy