12382 Santiago Rd E
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12382 Santiago Rd E

C

Rancho Bernardo, CA 92128

$560,000
NEW — 0d

Soft Appraisal Value: $542,700 · 3.2% above estimate

Beds

2

Baths

1

Sqft

1,079

Year Built

1964

Days on Market

0

Property Type

Condo

HOA/mo

$440

MLS ID

260010549SD

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

About This Property

Nestled in the heart of the highly desirable Seven Oaks 55+ community in Rancho Bernardo, this beautifully upgraded end-unit home with no neighbors above or below offers a seamless blend of comfort and modern style. The bright, single-story floor plan boasts stonescape luxury vinyl flooring throughout, while the recently renovated kitchen shines with quartz counters, soft close bamboo cabinets, an elegant backsplash and new high end appliances. This home has been reimagined to now feature one luxurious, oversized primary suite with dual closets fitted with custom organizers and plenty of extra space for a sitting area or an office workstation. Additionally, the bonus room has now been seamlessly incorporated into the living area to allow for maximum flexibility when deciding how to utilize the space. Outdoors you can enjoy a private patio off the dining room that overlooks the peaceful greenbelt as well as a front patio area perfect for taking in the abundant sunlight and newly landscaped common area. A new AC system, a private exterior laundry closet, one covered carport spot plus driveway parking and plenty of street parking too round out this great property! Enjoy access within walking distance to great amenities, including a pool, spa, clubhouse, tennis, pickleball, shuffleboard, bocce and join in many events and clubs at the Seven Oaks community center. Situated a short walk from Albertson's grocery, Starbucks, great restaurants and approximately one mile from freeway access, this is the one you have been waiting for!

Mortgage Calculator

Est. Monthly Payment

$3,995

Principal & Interest$2,832
Property Tax$560
Insurance$163
HOA$440
%($112,000)
%

Location

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Investment Score

39C
Est. Monthly Rent
$2,811
Monthly Cashflow

Rent − PITIA

$-1,184
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,297

Mortgage (P+I)
$2,832
Cap Rate
1.15%
Cash-on-Cash
-24.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,794

NOI (Annual)
$6,418
Price-to-Rent

Lower = better for investors

16.6

* 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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