3091 Madsen St
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
21% of that payment is not the mortgage. The HOA fee alone is $16,980 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,500.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($41,150). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($283 in 2026), not enough for a trend yet. The listing shows $283/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- On market 80 days → some leverage
- Garage parking
- Low HOA (0.4%/yr)
- Newer build (2012)
⚠️ Cons
- No in-unit W/D
🚩 Red flags
Photos
Price history (this unit)
- Aug 25, 2026 — Price Changed $823,000
- Jul 23, 2026 — Listed $833,000
- Mar 30, 2017 — Sold (MLS) $578,000
- Mar 30, 2017 — Sold (Public Records) $578,000
- Feb 8, 2017 — Price Changed $585,000
- Jan 13, 2017 — Listed $599,888
Description
OPEN 9/19 & 9/20, 1PM-4PM! Don't miss this stylish 3-bedroom, 3.5-bathroom condominium offering 1,834 sq ft of thoughtfully designed living space across three stories. Built in 2012, this newer construction home combines modern finishes with a functional layout ideal for today's lifestyle. The tri-level floor plan provides excellent separation of space — perfect for entertaining, working from home, or accommodating guests. With 3.5 baths, morning routines are a breeze and every bedroom enjoys easy access to its own facilities. Located in the heart of Hayward's Burbank neighborhood, this home sits within the Hayward Unified School District and offers convenient access to major freeways…