16450 Caminito Vecinos
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16450 Caminito Vecinos #106

C

Rancho Bernardo, CA 92128

$649,000
NEW — 1d

Soft Appraisal Value: $630,900 · 2.9% above estimate

Beds

2

Baths

2

Sqft

1,222

Year Built

1973

Days on Market

1

Property Type

Condo

HOA/mo

$537

MLS ID

260009111SD

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

About This Property

Pack your bags and move in! This stunning Seven Oaks 55+ single-level home is completely renovated with a new kitchen, designer baths, new paint, newer windows and LVP flooring throughout. Features include a new HVAC, water heater, and all appliances. Enjoy rare privacy with no neighbors on top or back and only one attached wall. Relax on your private patio or enjoy the community pool and social activities. This turnkey retreat in Seven Oaks is a rare find! Pack your bags and move in! Located in the highly sought-after Seven Oaks 55+ community, this beautiful single-level home has been completely transformed with premium upgrades, including a brand-new kitchen, designer bathrooms, and modern LVP flooring throughout. This property features a new HVAC system, water heater, and new appliances, including the washer and dryer. Offering rare tranquility with no neighbors on the top or back and only one wall attached, the home provides a private and peaceful patio setting for relaxation. The property also features a dedicated 1-car carport and a large storage room, all while offering access to a vibrant community known for its pool and numerous social activities. Whether you are looking for a quiet retreat or an active lifestyle, this fully renovated, turnkey home in the heart of Seven Oaks is a rare find

Mortgage Calculator

Est. Monthly Payment

$4,657

Principal & Interest$3,282
Property Tax$649
Insurance$189
HOA$537
%($129,800)
%

Location

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Investment Score

36C
Est. Monthly Rent
$3,319
Monthly Cashflow

Rent − PITIA

$-1,338
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,642

Mortgage (P+I)
$3,282
Cap Rate
1.18%
Cash-on-Cash
-24.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,750

NOI (Annual)
$7,678
Price-to-Rent

Lower = better for investors

16.3

* 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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