Amazing Opportunity !! Below Market Rate condo( BMR) 2-bedroom, 2-bathroom condo .Built in 2009 with 1,178 square feet of living space. The kitchen is a standout feature, equipped with modern appliances and ample cabinetry.The dining area is integrated within the living room, creating an open and cohesive space for entertaining.… Read More Amenities include central air conditioning, inside laundry , beautiful flooring throughout, large balcony, 1 secure parking spot and storage options. Walking distance to shops, restaurants and is within the top San Carlos Elementary School District PROPERTY IS DESIGNATED AS A BELOW MARKET RATE PROPERTY THRU THE CITY OF SAN CARLOS. Moderate-Income Household (HH) Limits HH of 1 person up to $156,750 HH of 2: $179,100 HH of 3: $201,500 HH of 4: $223,900 Maximum asset limit of $350,000 (not inclusive of retirement funds), with a tiered approach to treating assets as a percentage of income: Household Assets of $60,000 to $200,000 will reflect 10% of those assets as household income. Household Assets of $200,000 to $350,000 will reflect 15% of those assets as household income. The purchaser of these BMR units must occupy them. Read Less
Courtesy of Golden Gate Sotheby's International Realty, Lisa Karson 650-759-4644
Listing Snapshot
Days Online
52
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
1,178
Year Built
2009
MLS Number
ML81995734
30 Days Snapshot Of 94070
$2,164k
-24%
(avg) sold price
22
+46%
homes sold
15
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2009, 1,178 square feet, 1,178 living square feet
Dining Room
Dining Area in Living Room
Family Room
No Family Room
Foundation
Other
Roof
Other
Cooling
Central AC
Laundry
Inside
Garage
1 garage space, Assigned Spaces, Attached Garage
Water Features
Public
Heating
Central Forced Air
Utilities
Public Utilities
Sewer
Sewer Connected
Property
Zoning: condo, Horse property?: No
Home Owner's Association
HOA: 641 Cedar, HOA fee: $639, Fees include: Garbage, Landscaping / Gardening, Water
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