Laura Jewett

Laura Jewett

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Closed

$520,000

($212,869 down)
FHA

8517 D St, Oakland, CA 94621

N/A
N/A
sqft
PITI Monthly
$2,674.59 /mo

Listing courtesy of: Otha Johnson Jr., Re/Max Gold

Assumed Rate

4.01%
7.15%

Principal & Interest

$1,713 /mo
$2,421 /mo

What's Special

SHOPPING
SPACIOUS
INCOME POTENTIAL
RENTAL INCOME

This residential income property presents a fantastic opportunity for owner occupancy and/or rental income potential! The updated duplex includes a 1 bedroom 1 bathroom unit and a 2 bedroom 1 bathroom unit, giving you the option to live in one unit while renting out the other to generate additional income. The 1 bedroom unit features a comfortable living space. The 2 bedroom unit offers a spacious bedroom with access to the backyard, an updated kitchen. The 2 bedroom will be delivered vacant at close of escrow. Additionally, each has a garage and there is plenty of street parking available for tenants and guests. This duplex is a great investment for those looking to offset their housing costs by renting out one unit while living in the other. Conveniently located close to shopping and restaurants. Don't miss out on this opportunity to own a versatile residential income property with the potential for rental income and owner occupancy.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.01
Remaining Loan Term
22 years, 3 months
Monthly PITI
$2,674.59/mo
Estimated Loan Balance
$307,816
Cash to close
$212,869
Interest Paid
$103,203

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: SeeRemarks
Features
  • Materials: SeeRemarks
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • SeeRemarks
  • Roof: Unknown
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oakland

Financial Details

  • Price per Sqft: $520,000
  • Tax Annual Amount: $6500
  • On Market Date: 2024-09-03T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $212,869 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $212,869!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$307,131
Your Cash$212,869
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$1,713/mo
Traditional @ 7.5%
$2,511/mo
You save $798/month ($9,573/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41071747

Listing From:

Last updated: 2024-11-15T13:22:55.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.01%
7.15%

Principal & Interest

$1,713 /mo
$2,421 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $212,869 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $212,869!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$307,131
Your Cash$212,869
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$1,713/mo
Traditional @ 7.5%
$2,511/mo
You save $798/month ($9,573/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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