2841 Eagle Way
MADERA, CA
Property Report
Property Details
- Type
- RSFR
- Bed
- 3
- Bath
- 1.5
- Units
- Bldgs
- Stories
- 1
- Parking
- 2
- Year Built
- 2003
- Zoning
- Lot Sqft (ac)
- (0.00)
- Bldg Sqft
- 1958
- Listing Price
- $168,000
Listing Information
- Listing Date
- 2008-11-13
- MLS
- FRES - 325003
- Listing Agent
- Scott Rozier
- Listing Office
- Realty Concepts, Ltd
Comments
PRICE REDUCED!!! Nice home in a quiet neighborhood. Home features an open floor plan. Kitchen opens up to nook and living room. Master bedroom has a sitting area with a view of the backyard. The spacious backyard has potential.
Pictures
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings held by brokerage firms other than The California Company are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. © 2008 Fresno Multiple Listing Service. All rights reserved. Listings last updated: 2009-01-07 10:20:32.
Active & Recently Sold Comparables
Found 1 active comparable properties within a 1.5 mile radius
| Address | Distance |
|---|---|
| 3324 Todd | 0.7603 |
Found 15 sold comparable properties within a 1.5 mile radius, displaying top 5
| Address | Distance |
|---|---|
| 3071 PLUMAS | 0.1074 |
| 2829 DESERT RANCH | 0.1913 |
| 1178 HAZELNUT | 0.3293 |
| 3028 MERLOT | 0.3389 |
| 438 CREEK | 0.4306 |
Rental comparables
| Source | Accuracy | Low | Median | High | # of Comparables | More info |
|---|---|---|---|---|---|---|
| HUD FMR | Statistical Area (CBSA) | $1,159 | Not applicable | HUD FMR Information |
Investment Summary
This investment summary assumes a 30-year fixed loan, 20% down, 7% APR. It uses operating assumptions of 10% management fees, 9% vacancy allotment, 3% repairs. This investment summary assumes that rents increase each year by 5%. This property would need to be purchased for $158,000 in order to generate a break-even cashflow based on prevaliing market rents.
| 1 Year | 2 Year | 3 Year | 4 Year | 5 Year | |
|---|---|---|---|---|---|
| Break-even Purchase Price | $158,000 | ||||
| Rents | $13,908 |
$15,306 |
$16,616 |
$17,869 |
$18,682 |
| Cashflow Before Taxes | $-1,297 |
$-207 |
$815 |
$1,793 |
$2,427 |
| Cash-on-Cash Return | -4.10% |
-0.65% |
2.58% |
5.67% |
7.68% |
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