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4844 Creekwood Dr Fremont, CA 94555

4 Beds 3 Baths 1,863 sqft Built 1989

$1,198,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 1989
  • Price/Sqft : $643.05
  • 5 Days on Market
  • MLS # : BE40927611
  • Updated Date : 11/02/2020 at 09:15
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,863 sqft
  • Baths : 2 full , 1 half
Listing Agent

Valley Vine Realty

Listing Agent's Description

Welcome to this Gorgeous SFH in the sought after Ardenwood Neighborhood in great commute location and top-rated schools! Approx. 1863 sq.ft living space, 4 bedrooms, 2.5 bathrooms. The living room opens up to a grand vaulted ceiling plus the formal dining area leading the entry to the home an open and grand feeling. A comfortable, open and bright newer remodeled kitchen breakfast area combination; All new remodeled bathrooms, Upgraded new flooring and carpet. Newer Double pane windows and roof. Low maintenance but useful yard. No HOA dues. This beautiful home invites you to settle in and enjoy nearby parks, restaurants, shopping, all amenities and easy access to freeway, high tech companies, and the best recreation and entertainment venues in the area! Enjoy your new home!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Ardenwood

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $273k1212k

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

Neighborhood: Ardenwood

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
Forest Park Elementary School Primary Regular 1,028 36 9
Forest Park Elementary School Middle Regular 1,028 36 9
American High School High Regular 1,985 80 10

Forest Park Elementary School

  • Education Level: Primary
  • # of students: 1,028
  • # of teachers: 36
9
GreatSchools Rating

Forest Park Elementary School

  • Education Level: Middle
  • # of students: 1,028
  • # of teachers: 36
9
GreatSchools Rating

American High School

  • Education Level: High
  • # of students: 1,985
  • # of teachers: 80
10
GreatSchools Rating
 

$1,078,200$1,317,800$1,198,000

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$4,420
Property Tax -$1,336
Property Insurance -$72
Property Management Fees -$174
CASH FLOW
-$2,452

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.

$1,198,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 12.9%
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$323,220

INVESTMENT

$323,220

Down Payment
$299,500
Rehab Estimate
$5,750
Closing Costs
$17,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,420

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $299,500
Loan Amount $898,500
See What Happens When You Reinvest Cash Flow

0

YEARS SAVED

$13

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
  • $3,670

    COMP ESTIMATED VALUE
  • $1.97

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,3003$3,4004$3,6995$3,700
$3,700
RENT COMPS ANALYSIS
  • 4844 Creekwood Dr Fremont, CA 1
    • 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1989 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1989
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 33913 Tybalt Ct Fremont, CA 2
    • 4 beds 3 baths ∙ 1,717 Sqft ∙ Built 1986 4 beds 3 baths ∙ 1,717 Sqft ∙ Built 1986
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.92
    •  
  • 4802 Mallard Cmn Fremont, CA 3
    • 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987 4 beds 3 baths ∙ 1,646 Sqft ∙ Built 1987
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $2.07
    •  
  • 34696 Teal Cmn Fremont, CA 4
    • 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1988 4 beds 3 baths ∙ 1,863 Sqft ∙ Built 1988
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,699
    • $1.99
    •  
  • 34359 Agate Ter Fremont, CA 5
    • 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 1990
    LEASED 06/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.90
    •  
PROPERTY LISTING DETAILS
Heidi Tang
Valley Vine Realty
BESbswy