339 Broadway #116
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
29% of that payment is not the mortgage. The HOA fee alone is $37,140 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,858.
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
🚩 Rising fast · +7.3%/yrReconstructed from 7 units of recorded sales at 339 Broadway — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 32% in 4 years — about +7.3%/yr across 7 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Garage parking
- Low HOA (1.3%/yr)
⚠️ Cons
- 10% above model fair value
- HOA $619/mo
- Older building (1964)
🚩 Red flags
Photos
Price history (this unit)
- Oct 1, 2026 — Listed $575,000
Description
Located in Alameda's sought-after East End just one block to Shoreline Dr, two blocks to the South Shore Center and only minutes to highly rated Otis Elementary and Lincoln Middle schools, this 2BR/2BA level-in first floor condo is newly updated and has unobstructed lagoon views. Part of Hacienda Laguna HOA, details include a tastefully refreshed eat-in kitchen with new quartz countertops and a new range and dishwasher, a raised living room fireplace with a rock wall feature, newly updated bathrooms, new bedroom carpeting, stylish light fixtures, and fresh interior paint throughout. A balcony overlooking the lagoon runs the length of the living room and kitchen, providing the perfect…