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4092 Nichandros Castro Valley, CA 94546

3 Beds 2 Baths 1,844 sqft Built 1956

$899,000

List Price

$3,140

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1956
  • Price/Sqft : $487.53
  • 3 Days on Market
  • MLS # : MR40929231
  • Updated Date : 11/14/2020 at 17:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,844 sqft
  • Baths : 2 full
Listing Agent

Prestige Realty

Listing Agent's Description

Well maintained and beloved single story Castro Valley home with various upgrades. Vaulted formal entry with high ceiling, 3 bed/2 bath, open floor plan, walk in pantry, underground pool in the back yard. Great Curb appeal with beautiful front yards. On a quite block, yet one can enjoy the convenience to freeways, bart and shopping plazas. Great schools.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Central East Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $246k1024k

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

Neighborhood: Central East Castro Valley

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2160018002000220024002600280030003200Rent in $15083381

* 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
Marshall Elementary School Primary Regular 450 19 8
Canyon Middle School Middle Regular 1,400 59 7
Castro Valley High School High Regular 2,977 119 9

Marshall Elementary School

  • Education Level: Primary
  • # of students: 450
  • # of teachers: 19
8
GreatSchools Rating

Canyon Middle School

  • Education Level: Middle
  • # of students: 1,400
  • # of teachers: 59
7
GreatSchools Rating

Castro Valley High School

  • Education Level: High
  • # of students: 2,977
  • # of teachers: 119
9
GreatSchools Rating
 

$809,100$988,900$899,000

PURCHASE PRICE

$2,826$3,454$3,140

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,140
EXPENSES Loan Payment -$3,317
Property Tax -$1,003
Property Insurance -$72
Property Management Fees -$154
CASH FLOW
-$1,405

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.

$899,000

PROJECTED PRICE

$3,140

PROJECTED RENT

0.35%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 11.4%
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$3.0M

PROJECTED ANNUAL CASH FLOW

11530-$25k-$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$3.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$243,985

INVESTMENT

$243,985

Down Payment
$224,750
Rehab Estimate
$5,750
Closing Costs
$13,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$3,317

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $224,750
Loan Amount $674,250
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$353

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
  • $3,637

    COMP ESTIMATED VALUE
  • $1.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,1503$3,2004$3,3805$4,150
$4,150
RENT COMPS ANALYSIS
  • 4092 Nichandros Castro Valley, CA 1
    • 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,844 Sqft ∙ Built 1956
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 21101 Aspen Ave Castro Valley, CA 2
    • 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1954
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.90
    •  
  • 20073 Center St Castro Valley, CA 3
    • 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947 4 beds 2 baths ∙ 1,665 Sqft ∙ Built 1947
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.92
    •  
  • 3766 Brookdale Blvd Castro Valley, CA 4
    • 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1953 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1953
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,380
    • $2.01
    •  
  • Crown Ct Castro Valley, CA 5
    • 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1960 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 1960
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $2.06
    •  
PROPERTY LISTING DETAILS
Ming Lei
Prestige Realty
BESbswy