2800 Devonshire Avenue
Redwood City, CA 94063
- 2 beds
- – baths
- 1,140 sqft
- 3,600 sqft lot
- $754 per sqft
- 1951 build
- – on site
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($54,000 PRICE REDUCTION ). 2 units with 2 different addresses on the same parcel:..2800 Devonshire Ave, (1 bed / 1 ) bath and 140 Dumbarton Ave (1 Bed/1 Bath). ---Great Location, Borderline Atherton and only 5 miles away to Stanford ( Shopping Center and University).------BUY AS AN OWNER OCCUPIED: With 20% Down payment, PITI = $4267month ( - Rental Income 2115) = $2152 / month is your actual cost - 1988 /mth is paid towards your principal = 163.11 /mth. Your Net Cost of Living in the property = $163 / month.---------BUY AS AN INVESTOR: 25% Down payment , Total rental Income = $ 2300 + $2115 = $4415. Your PITI = $4160, = $ 255 /mth/ positive income - 64 /mth garbage = 191 net positive income and start building $1864 / month equity immediately. + appreciation value in the life time of the loan. ACT NOW. IT'S A NO BRAINER.
Listing courtesy of BRIDGE / Alliance Bay Realty
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Last updated May 2, 2024
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MLS# ML81784835 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/10/23
Oct 10, 2023
|
Pending | BRIDGE | ||
9/12/23
Sep 12, 2023
|
Price Changed | BRIDGE | ||
8/4/23
Aug 4, 2023
|
Listed / Active | BRIDGE |