641 Cedar Street #202
San Carlos, CA 94070
1178 sqft | 2 beds | 2 baths | #ML81995734
Description
Amazing Opportunity !! Below Market Rate condo( BMR) 2-bedroom, 2-bathroom condo .Built in 2009 with 1,178 square feet of living space. Recent sales in this area for this size and age are between 1,180,000-1,212,000 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. 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.
Property Details
- Property SubtypeCondominium
- MLS #ML81995734
- MLS #ML81995734
- CountySan Mateo
- Property TypePurchase
- Original List Price$610,031
- Utility SourcePublic
- Cost722048
- School DistrictOther
- Square Feet1178
- Year Built2009
- Hoa Fees639
- Bedrooms2
- Bathrooms2
- Full Baths2
- Stories1
- Parking Spaces1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Lisa Karson (#ML5065376)
Listing Office: Golden Gate Sotheby's International Realty (#ML39580)
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