3768 Capitol Ave Unit 516B
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 $42,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,355.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($32,500). 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
2 recorded pointsReconstructed from 11 units of recorded sales at 3768 Capitol Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- On market 171 days → strong negotiating leverage
- Upper floor (fl 5)
- In-unit W/D
- Garage parking
⚠️ Cons
- 24% above model fair value
- HOA $700/mo
🚩 Red flags
- Back on market — a pending sale fell through (relisted Sep 23) — ask why
Photos
Price history (this unit)
- Sep 19, 2026 — Price Changed $650,000
- Sep 19, 2026 — Price Changed $650,000
- Jul 2, 2026 — Price Changed $675,000
- Jul 2, 2026 — Price Changed $675,000
- Apr 23, 2026 — Listed $698,888
- Apr 23, 2026 — Listed $698,888
Description
New Improved Price! Welcome to this beautifully maintained 1-bedroom 1 level flat condo in the heart of Fremont Downtown District, built by Summer Hill Homes. Located in level 3 in a 5-story bldg. HOA includes garbage and gas. Unit includes 1 assigned underground parking. This light-filled residence features an open-concept layout with high ceilings, expansive windows, and a private balcony offering scenic views perfect for relaxing or entertaining. The modern kitchen show cases an oversized quartz island, sleek cabinetry, and high-end Bosch stainless steel appliances. Additional highlights include hard-surface flooring, designer finishes, ample storage, and an in-unit LG washer and dryer.…