1357 Sky Ridge Ct
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1357 Sky Ridge Ct

D

San Marcos, CA 92078

$949,000
NEW — 6d

Soft Appraisal Value: $939,800 · 1.0% above estimate

Beds

3

Baths

3

Sqft

1,656

Year Built

2004

Days on Market

6

Property Type

Townhouse

HOA/mo

$454

MLS ID

260011879SD

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

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About This Property

Nestled in the highly desirable Westridge community of San Elijo Hills, this beautifully upgraded townhome offers stunning canyon views and ocean views on clear days. Filled with natural light, the open floor plan features upgraded flooring, designer lighting, a stylish fireplace, and a remodeled kitchen with custom cabinetry, stainless steel appliances, tile backsplash, and bar seating. Upstairs includes a spacious primary suite with updated bath, plus two additional bedrooms and upgraded secondary bathrooms. Additional highlights include newer windows, Nest thermostat, ceiling fans, updated water heater, separate laundry room, and attached 2-car garage with built-in storage, whole house water purifier with RO. Westridge residents enjoy a resort-style pool, spa, and relaxing lounge areas. Conveniently located near top-rated schools, hiking trails, parks, shopping, dining, and all that vibrant San Elijo Hills has to offer.

Mortgage Calculator

Est. Monthly Payment

$6,478

Principal & Interest$4,799
Property Tax$949
Insurance$277
HOA$454
%($189,800)
%

Location

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Investment Score

18D
Est. Monthly Rent
$4,152
Monthly Cashflow

Rent − PITIA

$-2,327
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,072

Mortgage (P+I)
$4,799
Cap Rate
0.92%
Cash-on-Cash
-25.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$9,441

NOI (Annual)
$8,714
Price-to-Rent

Lower = better for investors

19.0

* 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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