1151 Goddard
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1151 Goddard

D

San Marcos, CA 92078

$785,000
NEW — 3d

Soft Appraisal Value: $769,200 · 2.1% above estimate

Beds

2

Baths

2.5

Sqft

1,515

Year Built

2003

Days on Market

3

Property Type

Townhouse

HOA/mo

$459

MLS ID

260013510SD

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

Virtual Tour

About This Property

Welcome home to Morgan’s Corner, one of the most desirable communities in San Elijo Hills. From the moment you step inside, you'll be greeted by a bright, airy floor plan filled with natural light streaming through oversized windows and reflecting off beautiful new luxury vinyl plank flooring. The main level is designed for both everyday living and entertaining, with a spacious living room that flows seamlessly into the dining area and a beautifully remodeled kitchen. Crisp white cabinetry, quartz countertops, and brand-new stainless steel appliances create a fresh, modern space where gathering with family and friends comes naturally. A convenient full-size laundry closet and powder room complete the first floor. Upstairs, the private primary suite offers a peaceful retreat with its own ensuite bathroom, while a generously sized secondary bedroom and an additional full bath provide comfort and flexibility for family, guests, or a home office. On the third floor an enormous sun-filled loft with walls of windows offers endless possibilities. Whether you envision a family room, playroom, media space, home gym, or creative studio, this versatile space adapts to your lifestyle. Thoughtfully updated throughout, the home also features fresh interior paint, a new garage door opener, an attached two-car garage, and a water heater replaced just one year ago. Outside, enjoy the serene, well-maintained community, complete with a sparkling pool and spa, along with easy access to miles of hiking and biking trails. Located within an award-winning school district and just minutes from Lake San Marcos, Elfin Forest, parks, shopping, dining, and all that San Elijo Hills has to offer, this home combines comfort, convenience, and the vibrant North County lifestyle.

Mortgage Calculator

Est. Monthly Payment

$5,442

Principal & Interest$3,969
Property Tax$785
Insurance$229
HOA$459
%($157,000)
%

Location

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Investment Score

25D
Est. Monthly Rent
$3,539
Monthly Cashflow

Rent − PITIA

$-1,903
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,372

Mortgage (P+I)
$3,969
Cap Rate
0.91%
Cash-on-Cash
-25.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$7,918

NOI (Annual)
$7,174
Price-to-Rent

Lower = better for investors

18.5

* 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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