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524 Riviera Pl San Ramon, CA 94583

4 Beds 3 Baths 2,448 sqft Built 1977

$1,289,000

List Price

$4,330

$4.1K - $4.6K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $526.55
  • 3 Days on Market
  • MLS # : BE40930522
  • Updated Date : 12/04/2020 at 10:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,448 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Tri-valley

Listing Agent's Description

Look No Further!! Beautiful Shepell-built home with custom touches throughout. Located on a quiet cul-de-sac in a coveted neighborhood of San Ramon, near high-ranking California Distinguished Schools, trails, parks, shops in the San Ramon City Center. Easy proximity to business parks, Hwy 680 & BART. This lovely 4 bedroom, 3 bathroom traditional home features beautiful hardwood floors, an updated kitchen with custom cabinetry, granite counters, & tile floors. Spacious bedrooms including a loft area and a large owners suite with sitting area. The family room has a beautiful fireplace and a slider that leads to the private backyard with a pool, spa, and large side yard. Spacious 3 car garage with Foothill views from the front of the home. This one is a MUST SEE!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Royal Vista

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300k1400kPrice in $273k1400k

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

Neighborhood: Royal Vista

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714044

* 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
Walt Disney Elementary School Primary Regular 560 23 8
Pine Valley Middle School Middle Regular 1,006 37 9
California High School High Regular 2,639 107 10

Walt Disney Elementary School

  • Education Level: Primary
  • # of students: 560
  • # of teachers: 23
8
GreatSchools Rating

Pine Valley Middle School

  • Education Level: Middle
  • # of students: 1,006
  • # of teachers: 37
9
GreatSchools Rating

California High School

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 107
10
GreatSchools Rating
 

$1,160,100$1,417,900$1,289,000

PURCHASE PRICE

$3,897$4,763$4,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,330
EXPENSES Loan Payment -$4,756
Property Tax -$1,301
Property Insurance -$86
Property Management Fees -$212
CASH FLOW
-$2,025

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.

$1,289,000

PROJECTED PRICE

$4,330

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 7.4%
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$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M$4.0M

PROJECTED ANNUAL CASH FLOW

11530-$30k-$20k-$10k$0.0$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$3.5M$4.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$347,335

INVESTMENT

$347,335

Down Payment
$322,250
Rehab Estimate
$5,750
Closing Costs
$19,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$4,756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $322,250
Loan Amount $966,750
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$409

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
  • $4,308

    COMP ESTIMATED VALUE
  • $1.76

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,7003$3,7004$4,500
$4,500
RENT COMPS ANALYSIS
  • 524 Riviera Pl San Ramon, CA 1
    • 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 9462 Thunderbird Pl San Ramon, CA 2
    • 4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,112 Sqft ∙ Built 1977
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.75
    •  
  • 1291 Canyon Side Ave San Ramon, CA 3
    • 3 beds 3 baths ∙ 2,125 Sqft ∙ Built 1986 3 beds 3 baths ∙ 2,125 Sqft ∙ Built 1986
    LEASED 06/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,700
    • $1.74
    •  
  • 201 Rustic Pl San Ramon, CA 4
    • 5 beds 3 baths ∙ 2,507 Sqft ∙ Built 1993 5 beds 3 baths ∙ 2,507 Sqft ∙ Built 1993
    LEASED 11/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,500
    • $1.79
    •  
PROPERTY LISTING DETAILS
David Darby
Keller Williams Tri-valley
BESbswy