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

392 Sandstone Dr Fremont, CA 94536

4 Beds 3 Baths 1,789 sqft Built 1989

$1,268,888

List Price

$3,670

$3.4K - $3.9K

Rent Est.

PROPERTY INFO

January 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1989
  • Price/Sqft : $709.27
  • 7 Days on Market
  • MLS # : BE40933399
  • Updated Date : 01/13/2021 at 15:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,789 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windemere Realty Inc

Listing Agent's Description

Perfect family home near Niles Downtown, good neighborhood, easy access to free-ways, and good schools! Open, spacious floor plan with high ceiling formal living, formal dining, wood flooring downstairs, large family room connected to the kitchen, and a two car garage. Other special features: No HOA, plenty of natural light, central heat/AC, lots of recess lights, recently painted inside and outside, beautiful fireplace, spacious backyard with brick barbeque and covered gazebo, garage with lots of storage cabinets. Refrigerator, washer and dryer included. Do not miss the opportunity to view this house! 3D Tour Links >> https://my.matterport.com/show/?m=qpjeBmrUmWp&mls=1

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Niles

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $273k1113k

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

Neighborhood: Niles

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
Niles Elementary School Primary Regular 606 23 8
Niles Elementary School Middle Regular 606 23 8
Washington High School High Regular 1,833 69 8

Niles Elementary School

  • Education Level: Primary
  • # of students: 606
  • # of teachers: 23
8
GreatSchools Rating

Niles Elementary School

  • Education Level: Middle
  • # of students: 606
  • # of teachers: 23
8
GreatSchools Rating

Washington High School

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

$1,141,999$1,395,777$1,268,888

PURCHASE PRICE

$3,303$4,037$3,670

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,670
EXPENSES Loan Payment -$4,407
Property Tax -$1,356
Property Insurance -$70
Property Management Fees -$180
CASH FLOW
-$2,344

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.

$1,268,888

PROJECTED PRICE

$3,670

PROJECTED RENT

0.29%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.3%
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-$35k-$30k-$25k-$20k-$15k-$10k-$5.0k$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$342,005

INVESTMENT

$342,005

Down Payment
$317,222
Rehab Estimate
$5,750
Closing Costs
$19,033

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,407

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $317,222
Loan Amount $951,666
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$56

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,670

    LIST RENT
  • $2.05

    LIST RENT PER SQFT
  • $3,788

    COMP ESTIMATED VALUE
  • $2.12

    COMP AVG. RENT PER SQFT
Comps Range
$3,350
1$3,3502$3,4503$3,4504$3,6705$4,095
$4,095
RENT COMPS ANALYSIS
  • 392 Sandstone Dr Fremont, CA 4
    • 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $3,670
    • $2.05
    •  
  • 36702 Reynolds Dr Fremont, CA 1
    • 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
    •  
  • 35046 Lilac Loop Union City, CA 2
    • 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 1978
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,450
    • $2.21
    •  
  • 3332 Kipling Pl Fremont, CA 3
    • 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
    •  
  • 372 Rivercreeck Drive Fremont, CA 5
    • 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,789 Sqft ∙ Built 1989
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,095
    • $2.29
    •  
PROPERTY LISTING DETAILS
Rajeev Bhavsar
Windemere Realty Inc
BESbswy