500 Somi Ct #412
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
31% of that payment is not the mortgage. The HOA fee alone is $44,400 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,924.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($29,250). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($734 in 2026), not enough for a trend yet. The listing shows $740/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
- Upper floor (fl 4)
- In-unit W/D
- Garage parking
- Newer build (2026)
⚠️ Cons
- HOA $740/mo
🚩 Red flags
Photos
Price history (this unit)
- Oct 2, 2026 — Listed $585,000
Description
Please note: Images shown is model home. Finishes and appliances shown upon individual home tour are the actual included items and may vary from those shown in the model. Single-Level Living in a New Construction Elevator Building! Unit 404 boasts views of the Bay Area with 1,124 square feet of modern living, all conveniently located on one floor. This stunning 2-bedroom, 2-bathroom flat features a designer-inspired open floor plan that seamlessly blends the kitchen, living, and dining areas. The chef's kitchen is a dream, complete with ample counter space. Unwind your spacious private deck with views of Hayward. The primary suite provides a tranquil oasis featuring a luxurious ensuite…