Home | Placer County | Auburn | 95602 | 3521 Town Ct 3
MLS: ME226094244 | Status: Active | Price: $215,000
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 922 | 0 | – |
$215,000 CURRENT RENT $1,850/MO. 10.3% GROSS RENTAL YIELD APPROVED FOR FINANCING FOR ELIGIBLE BUYERS. Established rental income in Auburn! Priced at $215,000 with a tenant paying $1,850/month and a seven-year established tenant history, this condo generates approximately $22,200 in annual rental income and offers a 10.3% gross rental yield based on the asking price. An appealing opportunity for investors, first-time buyers, or anyone seeking affordable Auburn living with rental income. IMPORTANT COMMUNITY DISTINCTION: Auburn Greens consists of two separately operated HOAs. This property is located in Auburn Greens HOA #1, with current dues of approximately $297/month. Most Auburn Greens properties currently offered for sale are in separate HOA #2. The associations may differ in dues, financials, assessment history, and governing documents. Buyers are encouraged to compare HOA information specific to each property. INVESTMENT SNAPSHOT: Current rent $1,850/month Gross annual rent $22,200 HOA dues $297/month Current property taxes approx. $1,032/year Estimated taxes at purchase approx. $2,500/year* Insurance approx. $1,200/year Estimated cap rate approx. 7%, based on estimated taxes at purchase and before vacancy, maintenance, and repairs. HOA is responsible for walls out
| Field | Value |
|---|---|
| MLS # | ME226094244 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Bedrooms | Remodeled |
| Bathrooms | Updated Bath(s) |
| Kitchen | Countertop - Laminate, Countertop - Stone, Kitchen/Family Room Combo, Pantry, Updated |
| Appliances | Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Other, Oven Range - Gas, Refrigerator |
| Dining Room | In Kitchen |
| Flooring | Carpet, Laminate, Simulated Wood, Wood |
| Laundry | Hookups Only, Laundry Facility - Free, Other |
| Cooling | Ceiling Fan, Central Forced Air |
| Heating | Central Forced Air, Gas - Natural |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab, Concrete Perimeter and Slab |
| Pool | Community Facility, Fenced, Gunite, In Ground, Pool - Yes |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Facing Rear, Gate/Door Opener, Garage: 1 Car(s) |
| High School District | Placer Union High |
| Sewer | Public Sewer |
| Water | Other, Public |
| HOA Fee | $297 |
| HOA Fee Frequency | Monthly |
| Complex Amenities | Community Pool |
| Zoning | RM-B-8-DC |
Tammy Garza
eXp Realty of California Inc
License #: 01421915
Phone: (916) 365-2922
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Rock Creek Elementary School | public | K-5 | 0.25 mi | N/A |
| Placer School For Adults | public | UG | 0.62 mi | N/A |
| Auburn Elementary School | public | K-8 | 1.04 mi | 4 |
| Placer County Special Education School | public | K-12 | 2.92 mi | N/A |
| Forty-Niner Rop School | public | 10-12 | 2.92 mi | N/A |
| EV Cain Middle | public | K-8 | 2.97 mi | 6 |
| Ophir STEAM Academy | public | K-8 | 3.74 mi | 8 |
| Chana High (Continuation) School | public | 10-12 | 3.85 mi | 2 |
| Placer High School | public | 9-12 | 3.90 mi | 8 |
| Sierra Hills Elementary School | public | K-3 | 4.98 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 11570 Garnet Way 4 | $220,000 | 2 | 1 | 903 | Active |
| 3643 Galena Dr 4 | $189,999 | 2 | 1 | 844 | Active |
| 3587 Galena Dr 3 | $224,900 | 2 | 1/1 | 966 | Active |
| 3715 Galena Dr 3 | $199,000 | 2 | 1/1 | 991 | Active |
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This listing information is up-to-date as of September 03, 2026. For the most current information, please contact Tammy Garza, (916) 365-2922.