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

39524 Dorrington Ct Fremont, CA 94538

4 Beds 3 Baths 2,249 sqft Built 1963

$1,088,801

List Price

$3,960

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

January 15, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1963
  • Price/Sqft : $484.13
  • 3 Days on Market
  • MLS # : BE40933493
  • Updated Date : 01/16/2021 at 03:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,249 sqft
  • Baths : 2 full , 1 half
Listing Agent

Realquest Properties

Listing Agent's Description

Knock! Knock! Who's there? Golden! Golden who? Golden opportunity to snap up a great location, mostly-furnished single story w/fabulous functional floor plan & MAKE IT YOUR WAY. 1 of 28 Palms most popular floorplans upgraded w/apx 500 sft bonus room. Jack & Jill bedroom, 3 living areas & 2 dining areas. Still plenty of room for a ADU & with RV parking both sides, loads of onsite parking. Hot tub & sauna to stay, along with all appliances, fixtures & furnishings (unless labeled DNS). Near regional shopping as well Fremont's new Rising Downtown & Event Center (under construction). It might move fast so stay tuned for more photos, reports & disclosures as we are able. Priced well below AI estimates so lots of upside potential.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sundale

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100kPrice in $245k1104k

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

Neighborhood: Sundale

NeighborhoodNIR Market*CityMarket2010Year20012019 Q21600180020002200240026002800300032003400Rent in $15593417

* 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
Brier Elementary School Primary Regular 748 28 6
Brier Elementary School Middle Regular 748 28 6
John F. Kennedy High School High Regular 1,436 62 7

Brier Elementary School

  • Education Level: Primary
  • # of students: 748
  • # of teachers: 28
6
GreatSchools Rating

Brier Elementary School

  • Education Level: Middle
  • # of students: 748
  • # of teachers: 28
6
GreatSchools Rating

John F. Kennedy High School

  • Education Level: High
  • # of students: 1,436
  • # of teachers: 62
7
GreatSchools Rating
 

$979,921$1,197,681$1,088,801

PURCHASE PRICE

$3,564$4,356$3,960

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,960
EXPENSES Loan Payment -$3,782
Property Tax -$1,173
Property Insurance -$81
Property Management Fees -$194
CASH FLOW
-$1,271

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.

$1,088,801

PROJECTED PRICE

$3,960

PROJECTED RENT

0.36%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.5%
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$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

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$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$294,282

INVESTMENT

$294,282

Down Payment
$272,200
Rehab Estimate
$5,750
Closing Costs
$16,332

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$3,782

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $272,200
Loan Amount $816,601
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$4,935

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
  • $4,303

    COMP ESTIMATED VALUE
  • $1.91

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,4003$4,0004$4,500
$4,500
RENT COMPS ANALYSIS
  • 39524 Dorrington Ct Fremont, CA 1
    • 4 beds 3 baths ∙ 2,249 Sqft ∙ Built 1963 4 beds 3 baths ∙ 2,249 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 3153 Driscoll Road Fremont, CA 2
    • 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1955 3 beds 2 baths ∙ 1,912 Sqft ∙ Built 1955
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.78
    •  
  • 37637 Glenmoor Dr Fremont, CA 3
    • 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1952 3 beds 3 baths ∙ 1,960 Sqft ∙ Built 1952
    LEASED 10/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.04
    •  
  • 37928 Glendale Dr Fremont, CA 4
    • 4 beds 4 baths ∙ 2,339 Sqft ∙ Built 1952 4 beds 4 baths ∙ 2,339 Sqft ∙ Built 1952
    LEASED 04/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.92
    •  
PROPERTY LISTING DETAILS
Bill Can!trell
Realquest Properties
BESbswy