1240 Golden Gate Dr.
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1240 Golden Gate Dr.

D

San Diego, CA 92116

$1,700,000

Soft Appraisal Value: $1,759,700 · 3.4% below estimate

Beds

3

Baths

1.5

Sqft

1,508

Year Built

1930

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011534SD

This property is in San Diego (92116). View neighborhood stats →

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About This Property

Discover This American Treasure, Built in an Era of Distinctive Architectural Design, This 1930's Jewel Takes You Back In Time, Original Character Intact, Impressive Curb Appeal, Grand Living Room, Formal Dining Room, Coved Ceilings, Original Hardwood, Original Built-ins, Original Inlays, Fireplace, Canvass Awnings, Authentic Sconces, Spanish Roof Tiles, Private Outdoor Space, PLUS a 2 car garage. University Heights, Part of the Fabric of Metro San Diego - Still Retains the Original Garden Boundary Wall of 'Rounded Stones', Close Proximity to the Famous Trolly Barn Park & Mission Cliff Gardens.

Mortgage Calculator

Est. Monthly Payment

$10,792

Principal & Interest$8,596
Property Tax$1,700
Insurance$496
%($340,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$5,234
Monthly Cashflow

Rent − PITIA

$-5,558
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,179

Mortgage (P+I)
$8,596
Cap Rate
0.29%
Cash-on-Cash
-28.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$15,856

NOI (Annual)
$5,010
Price-to-Rent

Lower = better for investors

27.1

* 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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