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4075 Hamlet Ct Concord, CA 94521

4 Beds 2 Baths 1,490 sqft Built 1955

$615,000

List Price

$2,860

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

November 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1955
  • Price/Sqft : $412.75
  • 2 Days on Market
  • MLS # : CC40929343
  • Updated Date : 11/14/2020 at 21:26
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,490 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

This four bedroom home sits on an oversized lot with RV/Boat Parking and backs up to Markham Nature Park! The kitchen has been renovated with fresh paint, white cabinets, granite countertops, stainless steel appliances, and a large farmhouse sink! The kitchen opens up to the dining nook. Sliding glass doors open up to the gorgeous backyard that is full of interesting trees (pistachio tree, pink grapefruit, yucca plants, orange tree, two lemon trees, olive tree, three mature prickly pear cacti) and no neighbors behind you! The lot backs up to the Markham Nature Park. Seventeen acres of beautiful greenery, featuring a rose garden, camelia gardens, and a bee farm. The four spacious bedrooms feature hardwood floors and bright white paint. Great views from each window. Don't miss the "family room" off the garage!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $226k1015k

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

Zip Code: 94521

ZipNIR Market*CityMarket2010Year20012019 Q21800200022002400260028003000Rent in $16323193

* 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
El Monte Elementary School Primary Regular 464 19 4
El Dorado Middle School Middle Regular 976 42 2
Concord High School High Regular 1,544 68 6

El Monte Elementary School

  • Education Level: Primary
  • # of students: 464
  • # of teachers: 19
4
GreatSchools Rating

El Dorado Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 42
2
GreatSchools Rating

Concord High School

  • Education Level: High
  • # of students: 1,544
  • # of teachers: 68
6
GreatSchools Rating
 

$553,500$676,500$615,000

PURCHASE PRICE

$2,574$3,146$2,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,860
EXPENSES Loan Payment -$2,269
Property Tax -$683
Property Insurance -$63
Property Management Fees -$149
CASH FLOW
-$304

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.

$615,000

PROJECTED PRICE

$2,860

PROJECTED RENT

0.47%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$168,725

INVESTMENT

$168,725

Down Payment
$153,750
Rehab Estimate
$5,750
Closing Costs
$9,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,269

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $153,750
Loan Amount $461,250
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$33,410

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
  • $3,010

    COMP ESTIMATED VALUE
  • $2.02

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$2,4503$3,2504$3,3505$3,650
$3,650
RENT COMPS ANALYSIS
  • 4075 Hamlet Ct Concord, CA 1
    • 4 beds 2 baths ∙ 1,490 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,490 Sqft ∙ Built 1955
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1448 Rosal Ln A Concord, CA 2
    • 3 beds 1 baths ∙ 1,163 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,163 Sqft ∙ Built 1950
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $2.11
    •  
  • 4145 Eden Ct Concord, CA 3
    • 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 1961
    LEASED 01/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $1.91
    •  
  • 1407 Babel Ln Concord, CA 4
    • 4 beds 2 baths ∙ 1,716 Sqft ∙ Built 1956 4 beds 2 baths ∙ 1,716 Sqft ∙ Built 1956
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $1.95
    •  
  • 4491 Silverberry Ct Concord, CA 5
    • 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,726 Sqft ∙ Built 1975
    LEASED 08/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,650
    • $2.11
    •  
PROPERTY LISTING DETAILS
Katerina Sellis
Keller Williams Realty
BESbswy