1588 Glencrest Drive
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1588 Glencrest Drive

D

San Marcos, CA 92078

$1,750,000
NEW — 6d

Beds

4

Baths

3

Sqft

3,413

Year Built

2003

Days on Market

6

Property Type

Single Family

HOA/mo

$138

MLS ID

NDP2605262

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

About This Property

Welcome home to this spectacular 4-bedroom, 3-bathroom property located at 1588 Glencrest Dr in the highly coveted, exclusive community of Promontory Ridge within San Elijo Hills. Built in 2003, this residence boasts 3,413 square feet of elegant living space seamlessly designed for upscale comfort and entertaining. The expansive floor plan flows effortlessly into light-filled rooms, positioned beautifully on a generous 7,054 square foot lot. Residents of this premier gated enclave enjoy the ultimate San Diego County lifestyle, pairing community prestige with close proximity to top-tier schools, town center conveniences, and scenic hiking trails. OCEANS VIEWS AND A POOL!!

Mortgage Calculator

Est. Monthly Payment

$11,247

Principal & Interest$8,849
Property Tax$1,750
Insurance$510
HOA$138
%($350,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$6,380
Monthly Cashflow

Rent − PITIA

$-4,867
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,793

Mortgage (P+I)
$8,849
Cap Rate
0.72%
Cash-on-Cash
-26.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$16,500

NOI (Annual)
$12,675
Price-to-Rent

Lower = better for investors

22.9

* 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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