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Stealpad › Hayward, CA › ZIP 94544 › 260 Industrial Pkwy #47
260 Industrial Pkwy #47 — 2 bd condo for sale in ZIP 94544, Hayward
70Good value

260 Industrial Pkwy #47

ZIP 94544, Hayward, CA · 94544
$325,000 20% below mkt
2 bd · 1.5 ba · 952 sqft · $341/sf
HOA $545/mo · 🏢 fee history ↓ · Floor 4 · 38 days on market · built 1973
💎 Hidden gem
⚖️ Adjusted valueUndervaluedasking is 20% under fair value
Model fair value · 92 sold comps · ±7%$411,930
vs model fair value · size · beds/baths · age · HOA · location−21%
Condition · Avg / verify in person0
Price history · ≈7% below its peak+1%
📐 How this Deal Score was built70Good value
Value gap · asking vs model fair value, after condition & price history+24
HOA burden · $545/mo = 2.01%/yr of price vs a 1.33% norm−5.5
Days on market · 38 days — not long enough to give you leverage0
Raw advantage · the three above, combined+18.5
Model confidence · strong — ±7% typical model error across 92 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×1
Deal Score70/100

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

$2,747/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$1,800
Property tax (1.30% effective)$352
Insurance (estimate)$50
HOA dues$545
Total monthly$2,747
Rough cash to close$73,125

34% of that payment is not the mortgage. The HOA fee alone is $32,700 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,202.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($16,250). 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

✅ Fairly steady · +3.9%/yr

Reconstructed from 10 units of recorded sales at 260 Industrial Pkwy — every recorded sale carries its HOA fee and date. No listing site shows this.

$3802021$3802022$4182025$4602026
$460/mo · 2026
+21% since 2021

These dues have held relatively steady (about +3.9%/yr over 5 years across 10 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.

🏢 Get this building's full reserve & assessment report — free →
✅ Positives
  • Best $/sf of 50 tracked in Hayward
  • 21% below model fair value
  • Upper floor (fl 4)
  • In-unit W/D
⚠️ Cons
  • Smaller than the Hayward norm (952 vs 1124 sf)
🚩 Red flags
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Photos

Price history (this unit)

Trough $258,000 Feb 15, 1990Now $325,000Peak $349,999 Sep 3, 2026
Current list price is 7% below its peak · +26% above its trough.
  • Sep 3, 2026 — Listed $349,999
  • Aug 16, 2017 — Sold (Public Records) $315,000
  • Aug 15, 2017 — Sold (MLS) $315,000
  • Aug 15, 2017 — Sold (MLS) $315,000
  • Jul 19, 2017 — Price Changed $315,000
  • Jun 23, 2017 — Price Changed $328,500

Description

The best priced 2 bed on the market! Perfect Starter Home or Investment Opportunity! Whether you're a first-time buyer or savvy investor, this updated 2-bed, 1.5-bath condo checks all the boxes. Fresh paint, new flooring, and modern upgrades in the kitchen and baths make this home truly move-in ready. Natural light pours in, and you’ll love the peaceful canyon views from both balconies. Located in the Heart of the Bay, this well-kept community features an in-ground pool, gym, sauna, and rec room—great for residents and attractive for future tenants. Also comes with 2 assigned parking spaces plus storage! Low-maintenance, turnkey, and in a commuter-friendly location, this is a smart buy for…

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