1435 Bay St #31
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
24% of that payment is not the mortgage. The HOA fee alone is $41,400 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $7,821.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($59,750). 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 2026-11-05 — 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 ($690 in 2026), not enough for a trend yet. The listing shows $690/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 3)
- Garage parking
- Low HOA (0.7%/yr)
⚠️ Cons
- 28% above model fair value
- HOA $690/mo
- Older building (1926)
🚩 Red flags
Photos
Price history (this unit)
- Oct 24, 2026 — Listed $1,195,000
Description
Spectacular views of Golden Gate Bridge, Marin Headlands, Bay, Gas House Cove, Ft Mason's Great Meadow, & Alcatraz from the living room & bedroom. Features include Bay windows, 9+ foot ceilings, hardwood floors, period moldings and glass pane French doors separating rooms. Updated kitchen with a gas stove, dishwasher, manufactured stone counters, custom cabinets, hardwood floors and dining area. Tile bath, shower over tub & new shower doors. Bedroom has walk in closet. Formal entry hall has guest coat closet. Living room with office alcove. Compact car parking space (Maximum width 6 feet, Maximum length 15 feet). Common laundry room. The building is across the street from the 68.5 acre Fort…