1113 Goddard Street
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1113 Goddard Street

C

San Marcos, CA 92078

$875,000
NEW — 0d

Soft Appraisal Value: $861,600 · 1.6% above estimate

Beds

3

Baths

2.5

Sqft

1,740

Year Built

2003

Days on Market

0

Property Type

Townhouse

HOA/mo

$366

MLS ID

NDP2606205

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Largest floor plan in Morgan’s Corner with one of the best locations! This light-filled 3 bed, 2.5 bath townhome offers the perfect blend of privacy, convenience, and style in the heart of San Elijo Hills. Positioned on a quiet end location near guest parking, this beautifully maintained home has a spacious floor plan with large kitchen with breakfast nook, granite counters, custom backsplash as well as a dining area with new lighting fixture and a family room with new laminate wood flooring. On the second floor there are two bedrooms and two bathrooms, and a laundry room equipped with both washer/dryer, including a private primary suite with dual sink vanity and a walk in closet. The flexible floor plan features a generously sized third-floor bedroom (has closet) with views that can serve as a guest retreat, home office, or media room. Recent upgrades include new interior paint, newer carpet, new dishwasher, and new water heater. The open-concept living spaces flow seamlessly and the home features central A/C and an attached 2-car garage with storage. The courtyard entry provides a small yard with low maintenance turf. Just steps from Morgan's Corner pool and spa, parks, shops, restaurants, top-rated schools, and 18 miles of hiking and biking trails, this beautiful, move-in ready home delivers the vibrant San Elijo Hills lifestyle and ocean breezes in a location that is hard to beat.

Mortgage Calculator

Est. Monthly Payment

$5,921

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$366
%($175,000)
%

Location

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Investment Score

26D
Est. Monthly Rent
$3,965
Monthly Cashflow

Rent − PITIA

$-1,955
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,597

Mortgage (P+I)
$4,424
Cap Rate
1.14%
Cash-on-Cash
-24.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$8,636

NOI (Annual)
$9,935
Price-to-Rent

Lower = better for investors

18.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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