2131 Northwood Circle, Unit F, Concord, CA, 94520
Property Details
1
1
Single Family Residence
Description
Property Details: • Type: Single Family Residence • Bedrooms: 1 • Bathrooms: 1 • Square Footage: 652 sq ft
Description: Attention Investors and Savvy Buyers! Rare opportunity to own a high-yield, hands-free residential asset in the desirable Northwood community. Unit F is an immaculate 1BD/1BA (652 sqft) top-performing rental property commanding a current rent $1950/month and immediate future rent $2,000/month. Unlike other rushed liquidations in the area, this unit boasts optimal financial performance: a True 5.32% Cap Rate based on a $285,000 purchase price. The monthly HOA dues completely cover the master property insurance, water, trash, and exterior maintenance, rendering owner ongoing upkeep virtually zero. Excellent location for East Bay commutersminutes to North Concord/Martinez BART, Highway 242/680, and Todos Santos Plaza dining. Stable tenant already in place. Start collecting passive Bay Area income from Day 1! Agent Remarks / Property Highlights ( - /): $2,000 (Cap Rate) $285,000 Cap Rate 5.32% 3.5% HOA $456.62 North Concord BART 242/680, well maintained! Owner occupy or for rent, great opportunity!
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Location
Address
2131 Northwood Circle, Unit F, Concord, CA, 94520
City
Concord
Features and Finishes
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