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3835 Harvard Way Livermore, CA 94550

3 Beds 2 Baths 1,483 sqft Built 1951

$839,500

List Price

$3,060

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1951
  • Price/Sqft : $566.08
  • 5 Days on Market
  • MLS # : BE40926872
  • Updated Date : 11/13/2020 at 10:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,483 sqft
  • Baths : 2 full
Listing Agent

Fracisco Realty & Invest.

Listing Agent's Description

Beautifully remodeled single story abundant with designer inspired upgrades. This lovely three bedroom, two bathroom home is approx. 1,483 sq ft, and sits on an 8,000 sq ft. lot. The home has a neutral palate and open floor plan. The living room, dining area, and kitchen are open and inclusive. The living room has a bay window and wood burning fireplace. The gourmet kitchen has white cabinets, stone countertops, a single basin sink, and stainless steel appliances. The interior has fresh paint, laminate flooring, sculpted carpeting, new doors, and contemporary lighting. The master and two additional bedrooms are separated by a family room/office which leads to an enclosed outdoor living area which is a wonderful extension to the primary home and leads to a spacious rear yard. The home's exterior has been freshly painted, and includes a new front door, and new gutters and exterior lighting. The home has a new heating and air conditioning system and new insulation and electrical.

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PRICE & RENT TRENDS

Neighborhood: Jensen

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $247k1016k

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

Neighborhood: Jensen

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $14783195

* 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
Jackson Avenue Elementary School Primary Regular 532 22 6
East Avenue Middle School Middle Regular 624 25 6
Livermore High School High Regular 1,771 82 8

Jackson Avenue Elementary School

  • Education Level: Primary
  • # of students: 532
  • # of teachers: 22
6
GreatSchools Rating

East Avenue Middle School

  • Education Level: Middle
  • # of students: 624
  • # of teachers: 25
6
GreatSchools Rating

Livermore High School

  • Education Level: High
  • # of students: 1,771
  • # of teachers: 82
8
GreatSchools Rating
 

$755,550$923,450$839,500

PURCHASE PRICE

$2,754$3,366$3,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,060
EXPENSES Loan Payment -$3,097
Property Tax -$943
Property Insurance -$63
Property Management Fees -$150
CASH FLOW
-$1,193

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.

$839,500

PROJECTED PRICE

$3,060

PROJECTED RENT

0.36%

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 4.60%
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

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$228,218

INVESTMENT

$228,218

Down Payment
$209,875
Rehab Estimate
$5,750
Closing Costs
$12,593

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$3,097

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $209,875
Loan Amount $629,625
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$1,195

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
  • $2,710

    COMP ESTIMATED VALUE
  • $1.83

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,7003$3,0004$3,0005$3,000
$3,000
RENT COMPS ANALYSIS
  • 3835 Harvard Way Livermore, CA 1
    • 3 beds 2 baths ∙ 1,483 Sqft ∙ Built 1951 3 beds 2 baths ∙ 1,483 Sqft ∙ Built 1951
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 4360 Pomona Way Livermore, CA 2
    • 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1960
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.78
    •  
  • 222 Hillcrest Ave Livermore, CA 3
    • 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 1960 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 1960
    LEASED 07/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.92
    •  
  • 711 S H St Livermore, CA 4
    • 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,621 Sqft ∙ Built 1949
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.85
    •  
  • 420 N I St Livermore, CA 5
    • 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 1953 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 1953
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.76
    •  
PROPERTY LISTING DETAILS
Patrick J. Fracisco
Fracisco Realty & Invest.
BESbswy