1268 Bellingham Drive
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1268 Bellingham Drive

Ctop 80%

Oceanside, CA 92057Neighborhood: North Valley

$1,149,999
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$4,700/mo full cashflow at 20% down, 7.36% rate.

Works at $534,985 (53% under asking), or at 80% down.

Rent $5,472/mo from 9 leases of 4-bed houses within 0.5 mi, same school area ($5,048–$5,300).

Beds

4

Baths

4.5

Sqft

3,203

Year Built

2008

Days on Market

116

Property Type

Single Family

HOA/mo

$125

MLS ID

NDP2606877

This property is in Oceanside (92057). Browse neighborhood analytics →

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About This Property

This property is priced to sell today! It is Move-In Ready! Welcome to 1268 Bellingham Drive, a stunning golf course home offering 4 bedrooms, 5 bathrooms, and 3,203 square feet of beautifully designed living space in one of Oceanside's most desirable communities. From the moment you arrive, you'll appreciate the home's impressive curb appeal with professionally landscaped front and rear yards that create a warm welcome and exceptional outdoor living experience. Inside, an open and thoughtfully designed floor plan provides generous living spaces ideal for both everyday comfort and entertaining. The main level features a highly desirable full bedroom and bathroom, perfect for guests, multi-generational living, or a private home office. The spacious living areas flow effortlessly into the kitchen and family room, all designed to maximize natural light and capture picturesque views of the golf course beyond. Upstairs, the expansive bedrooms offer comfort and privacy, while the home's five bathrooms provide convenience for family and guests alike. Step into the beautifully landscaped backyard where you'll enjoy peaceful mornings overlooking the lush fairways and relaxing evenings entertaining friends and family. Backing directly to the golf course, this premium location offers a tranquil setting with scenic views and added privacy. Community includes an activity center with pool, BBQ area, playground, and clubhouse. Conveniently located near top-rated schools, shopping, dining, Arrowood Golf Course, parks, and just minutes from Oceanside's world-famous beaches, harbor, and vibrant downtown, this exceptional property combines luxury, space, and an unbeatable lifestyle.

Mortgage Calculator

Est. Monthly Payment

$7,955

Principal & Interest$6,345
Property Tax$1,150
Insurance$335
HOA$125
%($230,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Bonsall Elementary · grades K-5 · Bonsall Unified

  • Middle

    Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified

  • High

    Bonsall High · grades 9-12 · Bonsall Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

23C
Est. Monthly Rent
$5,472

9 leases of 4-bed houses within 0.5 mi, same school area · $5,048–$5,300

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,483
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,700

What would make this work?

$4,700/mo short at 20% down; 80% down or +$6,103/mo rent closes it.

Break-even price

53% under asking

$534,985
Break-even rent

$6,103/mo above the estimate

$11,575/mo
Cashflow at 35% down
−$3,510/mo
Down payment to break even

$919,999 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,345
Cap Rate
2.00%
Cash-on-Cash
-24.52%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$23,025
Price-to-Rent

Lower = better for investors

17.5

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$4,700/mo