12135 Caminito Corriente

12135 Caminito Corriente

D

Rancho Bernardo, CA 92128

$1,689,000
NEW — 3d on market

Soft Appraisal Value: $1,650,700 · 2.3% above estimate

Beds

4

Baths

3

Sqft

2,904

Year Built

1986

Days on Market

3

Property Type

Single Family

HOA/mo

$410

MLS ID

260007087SD

View on MLS

Description

Beautifully updated Bernardo Heights home in the gated community of Los Rios, offering a resort-like setting backing to Bernardo Heights Country Club with panoramic golf course views. The formal living room features soaring ceilings and expansive windows that fill the space with natural light. A separate dining room, ideal for entertaining, opens to a private interior atrium with fountain. The spacious kitchen offers generous counter space, abundant storage, and flows seamlessly into a cozy family room and adjoining breakfast nook. A convenient downstairs bedroom and full bath provide ideal accommodations for guests. Upstairs, the primary suite features a fireplace and a spacious ensuite bath. Two large secondary bedrooms are connected by an open hallway bridge, along with a versatile second-floor balcony deck—perfect for creating an additional outdoor living space. The backyard is designed for relaxation and entertaining, featuring a large patio, covered seating area, newer alumawood patio cover and built-in BBQ. Oversized 2 car garage with finished epoxy flooring & abundant cabinets & storage area! Refrigerator/washer/dryer included. Residents of Los Rios enjoy amenities including a community pool, tennis courts, park, walking paths, and community center. Ideally located near Rancho Bernardo High School, Carmel Mountain Ranch shopping, and dining. A convenient downstairs bedroom and full bath provide ideal accommodations for guests. Upstairs, the primary suite features a fireplace and a spacious ensuite bath. Two large secondary bedrooms are connected by an open hallway bridge, along with a versatile second-floor balcony deck—perfect for creating an additional outdoor living space. The backyard is designed for relaxation and entertaining, featuring a large patio, covered seating area, and built-in BBQ. Oversized 2 car garage with finished epoxy flooring & abundant cabinets & storage area! Refrigerator/washer/dryer included. Residents of Los Rios enjoy amenities including a community pool, tennis courts, park, walking paths, and community center. Ideally located near Rancho Bernardo High School, Carmel Mountain Ranch shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$11,132

Principal & Interest$8,541
Property Tax$1,689
Insurance$493
HOA$410
%($337,800)
%

Investment Score

0D
Est. Monthly Rent
$4,803
Monthly Cashflow

Rent − PITI − HOA

$-6,330
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,842

Mortgage (P+I)
$8,541
Cap Rate
-0.21%
Cash-on-Cash
-31.41%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.43
Break-even Rent
$16,286

NOI (Annual)
$-3,614
Price-to-Rent

Lower = better for investors

29.3

* 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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