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

42 Chalmette Ct Livermore, CA 94551

4 Beds 2 Baths 1,680 sqft Built 1972

$899,000

List Price

$3,280

$3K - $3.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $535.12
  • 3 Days on Market
  • MLS # : CC40929940
  • Updated Date : 11/20/2020 at 15:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,680 sqft
  • Baths : 2 full
Listing Agent

Cantwell & Stein, Realtors

Listing Agent's Description

Single story, fantastic court location! This 4 bedroom, 2 fully remodeled baths is located in the highly desirable Summerset neighborhood. New carpet, updated dual pane windows and newer exterior stucco! Huge yard with room for R.V. parking or possible in law unit. Refreshing pool accented by beautiful concrete work makes this an entertainers delight! Close to K-12 schools, parks, restaurants and Downtown. Quick and easy access to Shopping, BART, ACE train, highway 580 and 84. Must See!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000kPrice in $252k1020k

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

Neighborhood: Summerset

NeighborhoodNIR Market*CityMarket2010Year20012019 Q216001800200022002400260028003000Rent in $15043195

* 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
Rancho Las Positas Elementary School Primary Regular 553 23 6
Junction Avenue K-8 School Middle Regular 872 39 4
Granada High School High Regular 2,017 85 8

Rancho Las Positas Elementary School

  • Education Level: Primary
  • # of students: 553
  • # of teachers: 23
6
GreatSchools Rating

Junction Avenue K-8 School

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 39
4
GreatSchools Rating

Granada High School

  • Education Level: High
  • # of students: 2,017
  • # of teachers: 85
8
GreatSchools Rating
 

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

PURCHASE PRICE

$2,952$3,608$3,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,280
EXPENSES Loan Payment -$3,317
Property Tax -$1,010
Property Insurance -$68
Property Management Fees -$161
CASH FLOW
-$1,275

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

$3,280

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$3.0M

PROJECTED ANNUAL CASH FLOW

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

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

0.42

YEARS SAVED

$1,311

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
  • $3,570

    COMP ESTIMATED VALUE
  • $2.13

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,0003$3,0004$3,2005$3,550
$3,550
RENT COMPS ANALYSIS
  • 42 Chalmette Ct Livermore, CA 1
    • 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,680 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 807 Crane Livermore, CA 2
    • 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960 4 beds 2 baths ∙ 1,525 Sqft ∙ Built 1960
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.97
    •  
  • 601 Hemlock Ct Livermore, CA 3
    • 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,350 Sqft ∙ Built 1969
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $2.22
    •  
  • 809 Everglades Ln Livermore, CA 4
    • 4 beds 2 baths ∙ 1,479 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,479 Sqft ∙ Built 1973
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $2.16
    •  
  • 329 Helen Way Livermore, CA 5
    • 4 beds 2 baths ∙ 1,650 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,650 Sqft ∙ Built 1966
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $2.15
    •  
PROPERTY LISTING DETAILS
Kathleen Stein
Cantwell & Stein, Realtors
BESbswy