City Second - 85 Caire Terrace

Posting Date

  July 30, 2018

Type of Unit

City Second Loan Program

Market Rate Program with No Resale Restrictions

Development Name

Parkview Heights

Address

85 Caire Terrace

# Bedroom

3

# Bathroom

1

Square footage

1109

Maximum Income Level of Applicants

120% of Area Median Income 1 Person -$99,500

2 Person-$113,650

3 Person-$127,850

4 Person-$142,100

5 Person-$153,400

6 Person-$164,800

Asking Price

N/A

Offer Price

(City Second borrower must be able to match the offer price)

$955,000

Application Period

Closed

Date Right of First Refusal Starts

07/26/18

Date Right of First Refusal Ends

09/9/18

Maximum City Second Downpayment Assistance Loan Amount

Up to $375,000 available for City Second Units based on funding availability.

 

 

Minimum Downpayment Required Based on Offer Price

$47,750

Parking

Assigned

Monthly Homeowner Dues

$249

Contact Person:

Anita Alleyne

Phone:

415 530 7465

Email:

anitaalleyne@zephyrsf.com

MSL Link:

View Listings

Open House:

Saturday, 8/4  2:00pm-4:00pm, or please contact Anita Alleyne at anitaalleyne@zephyrsf.com  or 415-530-7465 for an appointment to view the property.

Special Remark:

City Second Loan is available for qualified buyers on a first come, first serve basis.

 

The Property is subject to the City’s Grant of Right of First Refusal Agreement. New and all subsequent buyers will enter into a Grant of Right of First Refusal with the City. For more information