
1401 El Norte Parkway #198
ASan Marcos, CA 92069
Beds
2
Baths
2
Sqft
1,440
Year Built
1976
Days on Market
3
Property Type
Manufactured
HOA/mo
$222
MLS ID
NDP2603752
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Great split-bedroom floor plan on an elevated lot in a 55+ resident-owned community with NO space rent! Enjoy views to the West, including sunset views, from the primary bedroom, various living area windows, and the low maintenance but spacious back yard! This well-maintained home features a stucco exterior, drywall interior, and dual-pane windows for improved energy efficiency. The kitchen and bathrooms have been updated, and recent upgrades include newer A/C, water heater, dishwasher, garbage disposal, and storage shed. The spacious layout offers comfortable living and entertaining areas, along with a walk-in closet in the primary bedroom. Seller discloses fireplace is inoperable. Madrid Manor is a resident owned, 55+ community w/ a low monthly HOA fee of $222 and plenty of social activities for those seeking an active lifestyle with numerous amenities that include a clubhouse, a Waterfall connecting two ponds and landscaped with walking and hiking trails; pool/spa, BBQ area, tennis/pickle ball courts, ping pong, putting greens, billiard room, card room, library, gym, shuffleboard, korn-hole, car wash area, a studio for dance classes and small meetings, plus a large RV lot for vehicles/boats/trailers and more! Located close to shops on El Norte, as well as Costco, Walmart and Kohls on Nordahl.
Mortgage Calculator
Est. Monthly Payment
$2,571
Location
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Comparable Properties
5 comps foundThis Property
$2,405
Comp Average
$2,274
1401 El Norte Parkway
3bd / 2ba · 1,200 sqft · Manufactured
$446K
Est. $2,781/mo
1401 El Norte Pkwy
2bd / 2ba · 1,440 sqft · Manufactured
$398K
Est. $2,422/mo
1401 El Norte Pkwy
2bd / 2ba · 1,200 sqft · Manufactured
$389K
Est. $2,277/mo
3431 Capalina Road
1bd / 1ba · 589 sqft · Condo
$300K
Est. $1,688/mo
1055 Ficus Lane
1bd / 1ba · 744 sqft · Townhouse
$459K
Est. $2,200/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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