4 Admiral Dr Unit B430
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
37% of that payment is not the mortgage. The HOA fee alone is $42,720 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,361.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($17,450). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
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 · +6.9%/yrReconstructed from 12 units of recorded sales at 4 Admiral Dr — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 40% in 5 years — about +6.9%/yr across 12 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
- On market 123 days → strong negotiating leverage
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $712/mo
🚩 Red flags
- Listed BELOW its 2019 sale ($418k) → value eroding
Photos
Price history (this unit)
- Aug 29, 2026 — Price Changed $349,000
- Jun 10, 2026 — Listed $379,000
- May 31, 2019 — Sold (MLS) $418,000
- May 31, 2019 — Sold (Public Records) $418,000
- Dec 17, 2018 — Price Changed $418,000
- Oct 30, 2018 — Listed $425,000
Description
Welcome to Watergate in Emeryville, where comfort, convenience, and resort-style living come together. This beautifully maintained top-floor 1-bedroom, 1-bath condominium offers the rare advantage of no upstairs neighbors, creating a peaceful and quiet living environment. Inside, you'll find a spacious and versatile floor plan featuring a valuable bonus room—perfect for a home office, guest space, fitness area, or creative studio. Natural light fills the home, enhancing the inviting atmosphere throughout. . Additional highlights include extra hallway storage, generous closet space, and a thoughtfully designed layout that maximizes functionality and comfort. The top-floor location provides…