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822 Humboldt Rd Brisbane, CA 94005

4 Beds 3 Baths 2,184 sqft Built 1962

$1,998,000

List Price

$3,900

$3.7K - $4.2K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1962
  • Price/Sqft : $914.84
  • 2 Days on Market
  • MLS # : ML81820325
  • Updated Date : 11/14/2020 at 10:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,184 sqft
  • Baths : 3 full
Listing Agent

Compass

Listing Agent's Description

Nestled in the hills of Brisbane, this contemporary architecture home features gorgeous panoramic views of the city skyline and the bay area. This home sits on an extra wide lot and features three levels of light-filled space. PLUS! The lower level is a permitted in-law unit with a separate entry that could provide an income opportunity. The 3 bedroom, 2 bath main home includes an abundance of details include a floating wood staircase, open concept kitchen and a wood burning fireplace. The expansive sun deck right off the living room allows for a seamless flow of indoor/outdoor living. The upper level features the master bedroom & second bedroom that open to an expansive deck with spectacular panoramic views, an additional bedroom and outdoor access to the patio. The modern upstairs bathroom features a soaker tub with jets. Conveniently located just 15 minutes from SF and easy access to Hwy 101. A MUST SEE!

SEE MORE

MARKET HIGHLIGHTS

  • Palo Alto, Redwood City, Mountain View and San Mateo together attracted around $11 billion in venture capital funding in 2019 making Silicon Valley still attractive to technology investments (Crunchbase News, 2020)
  • San Jose metro has 67.6% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • San Jose metro's economy has been worth $282.2 billion in Gross Metro Product (GMP) in 2018 and is projected to grow to $298.6 billion in 2019. GMP measures the productivity of the metro. (USMayors.org, 2018)
  • San Jose metro employment growth has been at 2.2% in 2018 and predicted to grow at 1.9% in 2019 (USMayors.org, 2018)
  • San Jose metro contributes to 9% of California state's economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Central Brisbane

NeighborhoodNIR Market*CityMarket2010Year20002019400k500k600k700k800k900k1000k1100k1200k1300kPrice in $359k1381k

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

Neighborhood: Central Brisbane

NeighborhoodNIR Market*CityMarket2010Year2000 Q32019 Q218002000220024002600280030003200340036003800400042004400Rent in $16324566

* 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
Brisbane Elementary School Primary Regular 191 9 7
Lipman Middle School Middle Regular 159 11 7
Terra Nova High School High Regular 1,037 46 8

Brisbane Elementary School

  • Education Level: Primary
  • # of students: 191
  • # of teachers: 9
7
GreatSchools Rating

Lipman Middle School

  • Education Level: Middle
  • # of students: 159
  • # of teachers: 11
7
GreatSchools Rating

Terra Nova High School

  • Education Level: High
  • # of students: 1,037
  • # of teachers: 46
8
GreatSchools Rating
 

$1,798,200$2,197,800$1,998,000

PURCHASE PRICE

$3,510$4,290$3,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,900
EXPENSES Loan Payment -$7,372
Property Tax -$1,969
Property Insurance -$62
Property Management Fees -$152
CASH FLOW
-$5,656

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$1,998,000

PROJECTED PRICE

$3,900

PROJECTED RENT

0.20%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 8.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.61%
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$5.0M$6.0M

PROJECTED ANNUAL CASH FLOW

11530-$90k-$80k-$70k-$60k-$50k-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$1.0M$2.0M$3.0M$4.0M$5.0M$6.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$535,220

INVESTMENT

$535,220

Down Payment
$499,500
Rehab Estimate
$5,750
Closing Costs
$29,970

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$7,372

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $499,500
Loan Amount $1,498,500
See What Happens When You Reinvest Cash Flow

-0.33

YEARS SAVED

$4,343

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
  • $3,579

    COMP ESTIMATED VALUE
  • $2.46

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$3,6253$3,800
$3,800
RENT COMPS ANALYSIS
  • 822 Humboldt Rd Brisbane, CA 1
    • 4 beds 3 baths ∙ 1,455 Sqft ∙ Built 1962 4 beds 3 baths ∙ 1,455 Sqft ∙ Built 1962
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 385 Alvarado St Brisbane, CA 2
    • 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1966
    LEASED 04/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,625
    • $2.59
    •  
  • 603 Stonegate Dr South San Francisco, CA 3
    • 3 beds 3 baths ∙ 1,628 Sqft ∙ Built 1981 3 beds 3 baths ∙ 1,628 Sqft ∙ Built 1981
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.33
    •  
PROPERTY LISTING DETAILS
Johnny Heckenberg
Compass
BESbswy