641 Cedar Street 202
San Carlos, CA, 94070
$722,048
2 Beds
2 Baths
1,178 SqFt
0 Acres
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Open House Mar 16, 2025
02:00 – 04:00
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

Price:
$722,048
MLS #:
ML81995734
Status:
Active
Beds:
2
Baths:
2
Address:
641 Cedar Street 202
Type:
Condo
Subtype:
Condominium
Neighborhood:
699notdefined
City:
San Carlos
Listed Date:
Feb 27, 2025
State:
CA
Finished Sq Ft:
1,178
ZIP:
94070
Year Built:
2009
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Schools

School District:
Other

Interior

Cooling
Central Air
Heating
Central

Exterior

Association Amenities
Trash, Water
Garage Spaces
1.00
Parking Spots
1.00
Roof
Other
Stories Total
1
Water Source
Public

Financial

Association Fee
639.00
HOA Name
641 Cedar

Map

Community

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641 Cedar Street 202
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