37970 Luma Ter, Newark, CA 94560

COMING SOON! 4Bed/3.5Bath Luxury Townhome for Rent in Newark - $4,300/mo Welcome Home! Don't miss this opportunity to rent this stunning contemporary townhouse style condo in the popular and highly desired Canopy at Timber community in Newark. Close to all superstores, Restaurants, NewPark Mall, AMC and all major freeways 84, 92 and 880. Only 4 miles from nearest Bart Station in Fremont and excellent commute location to Peninsula, Silicon Valley's major employment companies like Facebook (10 miles/13 mins), Stanford Shopping Center/University (12 miles/23 mins), Google (14 miles/20 mins), Microsoft (15 miles, 22mins), Yahoo, (18 miles, 25 mins) and Apple (22 miles/27 mins). Home Features about 2,026 Sq. Ft living area. Built in 2015. Ground Floor: 2 Car side-by-side garage with epoxy flooring and painted walls. One guest bedroom with its own full bathroom. 1st Floor: Living Room, Kitchen, Dining Area combo with a half bathroom for guests. Very Bright and open floor plan with laminated flooring in living area, high ceilings, lots of large windows, big open kitchen with plenty of cabinets, quartz countertop, designer selected espresso shaker style cabinets, dual zone central AC and heating, recessed lighting with dimmers, walk-in pantry and a large balcony. 2nd Floor: Master Bedroom with large walk-in closet, Luxury Spacious Master Bath with dual sink and standing shower. Two additional bedrooms with carpet floors, one full bath in the hallway. Laundry closet with Whirlpool Washer and Dryer. Community features: Club House with barbeque, fountain and fire-pit, tot lot kids play area and green park with ample guest parking. THE LEASE TERMS: - Yearly lease. - Property is ready to move-in! - Rent $4,300/mo - Security deposit: $5,000 - Tenants to pay for ALL utilities (PG&E, Water, Cable/Internet, Garbage pick-up). - Landlord pays HOA fees. - Tenants to carry renter's insurance with at least $200,000 coverage policy. - No Smoking permitted in the premises. - Small dogs and cats allowed with additional deposit. - No subleasing or Airbnb. - Tenants to obey HOA rules. THE QUALIFICATION CRITERIA: - Minimum credit score of 700 for all adult applicants. - Combined household income must be at least 3X the monthly rent. - Tenant must provide proof of renter's insurance with a minimum coverage of $200,000, listing the landlord/property manager as an additional interested party. - No bankruptcies within the past five years. - No accounts currently in collections. - Applicants must show proof of funds sufficient to cover at least one month's rent and the security deposit upfront, as well as additional savings equivalent to 2 to 3 months worth of rent for emergencies.