11355 Middle Ridge Terrace
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11355 Middle Ridge Terrace

C

Rancho Bernardo, CA 92128

$1,389,000
NEW — 3d

Soft Appraisal Value: $1,363,100 · 1.9% above estimate

Beds

4

Baths

2.5

Sqft

2,207

Year Built

1986

Days on Market

3

Property Type

Single Family

HOA/mo

$55

MLS ID

260016709SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this beautifully maintained 4-bedroom, 2.5-bath home offering 2,207 square feet of bright, comfortable living space in a peaceful cul-de-sac setting with picturesque canyon views. Situated on an expansive lot, the backyard is a true retreat featuring a covered patio, plenty of room for entertaining, and endless possibilities for gardening, outdoor dining, or simply enjoying the tranquil surroundings. Inside, natural light fills the spacious floor plan, highlighting the bright and airy kitchen, elegant formal dining room, and inviting living spaces.Extra large family room provides exceptional flexibility for kids and entertainment to suit your life style. Additional features include dual pane windows, central air conditioning, a 2-car attached garage, and low HOA fees with no Mello-Roos. Ideally located within the highly acclaimed Poway Unified School District, this home is within walking distance of Morning Creek Elementary School, neighborhood parks, and miles of scenic biking, hiking, and walking trails. Combining a prime location, generous living space, and outstanding outdoor amenities, this home offers the perfect blend of comfort, convenience, and California living!

Mortgage Calculator

Est. Monthly Payment

$8,873

Principal & Interest$7,024
Property Tax$1,389
Insurance$405
HOA$55
%($277,800)
%

Location

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Investment Score

8D
Est. Monthly Rent
$5,054
Monthly Cashflow

Rent − PITIA

$-3,819
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,138

Mortgage (P+I)
$7,024
Cap Rate
0.76%
Cash-on-Cash
-26.52%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$13,026

NOI (Annual)
$10,621
Price-to-Rent

Lower = better for investors

22.9

* 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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