16445 Roca Drive
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16445 Roca Drive

D

Rancho Bernardo, CA 92128

$900,000

Soft Appraisal Value: $892,200 · 0.9% above estimate

Beds

2

Baths

2

Sqft

1,600

Year Built

1965

Days on Market

22

Property Type

Single Family

HOA/mo

$560

MLS ID

OC26024952

This property is in Rancho Bernardo (92128). View neighborhood stats →

Virtual Tour

About This Property

LOCATION, LOCATION, LOCATION for this "Seven Oaks" CHARMER with a true PANORAMIC VIEW from ALL rear windows and slider, as well as no neighbors across the street looking out from the front porch and kitchen into an extra VIEW! The view is compelling and must be experienced in person, the pictures don't do it justice! The interior offers a double door, formal entry, a formal living room, a dining area open to the living room, and an EXPANDED, permitted family room with a beamed ceiling; an access to a laundry room with side by side washer and dryer and sink, a second door from the laundry gives access into the garage which has a workshop area with a workbench and access to the front; a primary suite with a newly updated bathroom, and a secondary bedroom with a recently updated hallway bath. Upgrades and improvements include but are not limited to custom tile flooring, upgraded looped carpet in the bedrooms and family room, a tray ceiling in the kitchen with crown molding and custom tile counters, a new garbage disposal, a stainless steel sink, recessed lighting, stainless steel appliances, and newer fixtures and hardware, Quartz counters in the bathrooms, recessed lighting, new toilets, all new sinks, tiled tub enclosure, mirrors, and medicine cabinet. There are newer verticals and blinds for minimal maintenance, 2 ceiling fans, mirrored wardrobes, tall baseboards, newer paneled interior doors, recessed lighting, and more! The exterior offers a freshly painted roll-up garage door and touch up paint at front, a professionally landscaped front and rear yard with sprinklers to plants set on timers, and a colorful curb appeal with succulents in early Spring bloom for the discerning buyer. The rear yard has a huge stamped concrete patio to relax on in the shade of the afternoon hours, as well as the kitchen window allows for a breeze to blow through while looking up the street at the front. Local amenities include the Bernardo Winery established in 1898, as well as the luxurious Rancho Bernardo Inn. This home is a must see!!

Mortgage Calculator

Est. Monthly Payment

$6,273

Principal & Interest$4,551
Property Tax$900
Insurance$262
HOA$560
%($180,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$3,527
Monthly Cashflow

Rent − PITIA

$-2,746
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,307

Mortgage (P+I)
$4,551
Cap Rate
0.33%
Cash-on-Cash
-28.71%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$9,121

NOI (Annual)
$2,925
Price-to-Rent

Lower = better for investors

21.3

* 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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