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1618 Alapat Drive

C

Escondido, CA 92027

$1,275,000

Beds

3

Baths

3

Sqft

3,043

Year Built

1965

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

SW26063124

This property is in Escondido (92027). View neighborhood stats →

About This Property

Price Improvement and Seller may pay up to $20,000 for Buyers' Closing Costs or Rate Buydown! Welcome to 1618 Alapat, a Peaceful, Friendly Cul-De-Sac Home! This Stunning Ranch Home features UPGRADES & UPDATES GALORE!• Beautiful Double Wood Entry Doors • ALL BRAND NEW Skylights w Low E Glass • Chef's Kitchen w/Double Ovens • Five Cooktop Gas Range • Energy Star Certified Updated Appliances • BRAND NEW Fridge (that stays) • BRAND NEW Microwave • Culligan under Sink Drinking Water System • Gorgeous Wood Beam Ceilings • BRAND NEW Electric Fireplace • Living Room is wired with a 9-channel Dolby Surround Sound • Wet Bar in Sun Room • Primary Bath has Double Sinks, Soaking Tub & Separate Shower • 2nd Bedroom has ENSUITE Bathroom • BRAND NEW Carpet installed in Two Bedrooms • Energy-Efficient Windows & Doors • DUAL HVAC Zones w/Nest Digital Programming & New Ductwork (10 Yr. Warranty from 2019) • TWO Whole-House Fans • Two Gas Water Heaters, Average Gas Bill $45/mth • Security System • Touch-Plate Lighting • Laundry Room Sink • Newer Washer & Gas Dryer (2023 - Stay!) • Full Exterior Paint 2025 • OWNED 7.48 kW Solar System (w/transferable 18 yrs remaining warranty) that produces an impressive 12.2 MWh annually• Majority of Roof Replaced in 2019 w/Solar Install• In-Garage Level II EV Charger (10.2 Kwph)• Average Monthly Electric Bill - $42 • BRAND NEW Epoxy Flooring in Garage • 36,000 Gallon Saltwater Pool (w/a Solar Heating Cover) • BRAND NEW Pool Filter • New Pool Pump installed 2023 • Soothing Waterfall • Extra-Large Gazebo is Pre-Wired for Speakers & Cable TV • Stainless Steel Gas Grill & Rotisserie • Fresh Fruit Year-Round w/Grapefruit, A Variety of Oranges, Avocados, Pineapple Guava & Limes • Abundant Rose Bushes • Fully Enclosed Backyard = Privacy! • Professional Landscaping & Mountain Views • Low-Voltage Lighting & Digitally Controlled Irrigation System • Brand New Septic installed in 2014 • SIX driveway parking spots with unlimited street parking Close to Top Rated Schools, Parks, Hiking Trails, Wineries, and the SD Safari Park, ALAPAT DRIVE, with NO HOA and LOW TAXES & NO MELLO ROOS, gives you the Perfect Balance of Tranquility & Convenience. Move-in Ready & loaded with Many Upgrades, this Home is designed for Effortless, Eco-Conscious Living with Unforgettable Gatherings. Don't miss Your Chance to Live this Experience.

Mortgage Calculator

Est. Monthly Payment

$8,094

Principal & Interest$6,447
Property Tax$1,275
Insurance$372
%($255,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$3,652
Monthly Cashflow

Rent − PITIA

$-4,442
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,345

Mortgage (P+I)
$6,447
Cap Rate
0.10%
Cash-on-Cash
-29.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$11,892

NOI (Annual)
$1,230
Price-to-Rent

Lower = better for investors

29.1

* 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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