501 Fremont Street
501 Fremont Street
Contingent
Contingent
Description
- Listed by Hap Albers • DRE #01006595 • Brokerage DRE #01006595 • Albers Real Estate Investment Company • 408-893-6002
Property Details for 501 Fremont Street
Location
Property Details for 501 Fremont Street
| Status | Contingent |
|---|---|
| MLS # | ML81957714 |
| Days on Compass | 43 |
| Taxes | $22,258 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1950 |
| Lot Size | 0.44 AC / 19,200 SF |
| County | Monterey County |
Location
Building Information for 501 Fremont Street
Payment Calculator
$12,491 per month
30 year fixed, 7.25% Interest
$10,636
$1,855
$0
Property Information for 501 Fremont Street
- Kitchen: Oven Range - Gas, Refrigerator
- Fireplace: No
- Flooring: Laminate, Tile, Vinyl / Linoleum
- Laundry: None
- Living SqFt: 4248
- Pool: No
- Security Features: None
- Special Features: None
- Cooling: None
- Heating: Gas, Wall Furnace
- Meters: Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer Connected
- Utilities: Individual Electric Meters, Individual Gas Meters
- Water: Private / Mutual
- Carport Min: 6
- Garage and Parking: Carport
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 11
- Area Text: ES-66
- Restrictions: None
- Roof: Composition
- Subclass: Five or More Units
- Year Built Source: Other
- Street Number: 501
- Street Name: Fremont
- Street Suffix: Street
- Area ID: 66
- Number of Buildings: 5
- Structure SqFt: 4248
- Structure SqFt Source: Other
- Age: 74
- Ownership Type: Individual
- Zoning Detail: R-L-5.5 Residential Low Density
- City Limits: Yes
- Directions: East Market Street - turn North on Madeira.
- Incorporated: Yes
- Parcel Number: 004-022-014-000
- County Name: Monterey
- City Name: SALINAS
- City Postal ID: 5389
- Postal Code: 93905
- Elementary School District: 441
- High School District Text: Salinas Union High
- Foundation: Concrete Perimeter
- Lot Acres: .44
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- Dual Variable: No
- No Of Leased: 11
- Annual Tax Amount: $22,258
- Capitalization Rate: 4.77
- Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
- Income Includes: Rents
- Vacancy Factor: 3
- Expense Insurance: $4,000
- Expense Landscape: $600
- Expense Maintenance: $9,350
- Expense Management: $6,090
- Expense Trash: $6,012
- Expenses Other: $1,000
- Expenses Utility: $13,214
- Expenses Total: $62,524
- Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Reserve Fund, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
- Gross Rent Multiplier: 12.16
- Income Annual Gross: $155,464
- Income Annual Rental: $160,272
- Income Gross Scheduled: $160,272
- Income Other: $0
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 2
- Unit 1 Rent: $1,291
- Unit 2 Full Bathrooms: 1
- Unit 2 Rent: $1,126
- Unit 3 Full Bathrooms: 1
- Unit 3 Number of Bedrooms: 1
- Unit 3 Rent: $1,052
Property History for 501 Fremont Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 501 Fremont Street
Schools near 501 Fremont Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Los Padres Elementary School PublicK to 6 | ||
Sherwood Elementary School PublicK to 6 | ||
Washington Middle School Public7 to 8 | ||
Salinas High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Albers Real Estate Investment Company, Hap Albers, DRE #01006595
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.