1233 Camino Del Lago

1233 Camino Del Lago

C

San Marcos, CA 92078

$1,565,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,725

Year Built

1981

Days on Market

2

Property Type

Single Family

HOA/mo

$735

MLS ID

260017002SD

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

About This Property

WATERFRONT LUXURY LAKE SAN MARCOS BEAUTY WITH BOAT DOCK! Enjoy endless summers and breathtaking sunsets! This open floorplan home provides an abundance of light, soaring vaulted ceilings and unobstructed views of the lake and mountains. Numerous upgrades including new flooring, a renovated chef's kitchen, elevated spa-like bathrooms, all new solid core bedroom and bathroom doors, updated interior and exterior paint, new sliders leading to the open-air atrium, new roof shingles, and much more! The 2-car garage has a large, finished attic with easy to access stairs. Relax on your peaceful patio or cruise on the lake in your boat parked in your dock. The highly coveted Sunrise Pointe community offers, tennis courts, pickleball courts, two swimming pools, and a recreation center. Awesome hiking trails in the nearby hills. A full-size golf course, as well as local restaurants and shopping are within walking distance. This home offers a resort-style living experience in Lake San Marcos that is truly special! The street is quiet with a park across the street. HOA includes: Shared Lake dock, Tennis/Pickleball Courts, Fitness Center, Common Area Landscape Maintenance, Exterior House Paint, Roof Maintenance, 24-Hour Security Patrol, Clubhouse, Billiard Room and Two Swimming Pools. Whether you're seeking a low-maintenance primary residence or a vacation retreat, this location is hard to beat! Ideally situated near shopping, dining, golf, outdoor recreation and Top-Rated Schools and Cal State San Marcos. This is your chance to own in one of North County's most sought-after lake communities!

Mortgage Calculator

Est. Monthly Payment

$10,670

Principal & Interest$7,913
Property Tax$1,565
Insurance$456
HOA$735
%($313,000)
%

Investment Score

0D
Est. Monthly Rent
$4,295
Monthly Cashflow

Rent − PITIA

$-6,374
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,667

Mortgage (P+I)
$7,913
Cap Rate
-0.58%
Cash-on-Cash
-33.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$15,550

NOI (Annual)
$-9,036
Price-to-Rent

Lower = better for investors

30.4

* 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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