FAT Deal

4BR/2BA 2182sqft — 35611 Sheridan Court, NEWARK

35611 Sheridan Court, NEWARK, CA

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4BR/2BA 2182sqft — 35611 Sheridan Court, NEWARKFix & FlipActive
4 bd 2 ba 2,182 sf
Location

35611 Sheridan Court, NEWARK, CA

Listing Agent

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7/11/2026

Listed

94560

ZIP

0

Offers

Analyze

Investment Snapshot

Asking

$1,699,950

Est. ARV

$2,150,000

Rehab

$275,000

Est. Profit

$-39,950

Est. ROI

-2.0%

Deal Verdict

Not a Deal

• Negative ROI of -2.0% — rehab and purchase costs exceed the projected ARV.

• At this price point, the deal would lose money. Walk away or renegotiate significantly.

Asking Price: $1,699,950

The current listed purchase price. This is what you pay to acquire the property before any renovation work begins.

Est. ARV (After-Repair Value): $2,150,000

The projected market value of the property once all renovations are complete. Based on comparable sales of similar renovated properties in the area.

Rehab Budget: $275,000

The estimated cost to renovate the property to a standard that achieves the ARV. Includes materials, labor, permits, and contractor overhead.

Est. Profit: $-39,950

The projected net profit after subtracting the asking price, rehab budget, holding costs, and selling costs from the ARV. This is your estimated take-home after a successful flip.

How Est. Profit Was Calculated

After-Repair Value (ARV)+ $2,150,000
Asking Price− $1,699,950
Rehab Budget− $275,000
Est. Profit= $-39,950

How Est. ROI Was Calculated

Est. Profit$-39,950
Total Investment (Asking + Rehab)÷ $1,974,950
× 100× 100
Est. ROI= -2.0%

These are estimates based on comparable sales and market data. Actual costs and returns vary based on scope of work, market conditions, financing terms, and timeline. Always verify with a licensed contractor and real estate professional before investing.

Condition: Fire-damaged / Structural & Full Rehab Required
Motivation: As-is distress sale / RV fire damage remediation
Active60 DOM
Suggested Max Offer

$1,230,000

Based on the 70% rule: ARV × 70% − Rehab ($2,150,000 × 0.70 − $275,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$469,950 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Property Details

Suggested Max Offer

$1,230,000

Based on the 70% rule: ARV × 70% − Rehab ($2,150,000 × 0.70 − $275,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$469,950 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Lot Size

15,142 sqft

Days on Market

60

Monthly HOA

None

Disclaimer: FAT connects buyers, sellers and investors. Offers and LOIs are expressions of interest — not binding contracts. Verify all property details, title and financials with qualified professionals before transacting.