1650 Queenston Drive
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1650 Queenston Drive

C

Escondido, CA 92027

$859,000

Soft Appraisal Value: $877,600 · 2.1% below estimate

Beds

3

Baths

2

Sqft

1,911

Year Built

1969

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602828

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

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About This Property

***Major Price Reduction — Now $21,000 lower!**Beautiful Upgraded Single-story 3-bedroom, 2-bath home offering 1,910 sq ft on a 7,400 sq ft lot in the highly desirable Oak Hill area of Escondido. Originally a 4-bedroom home; currently configured as a 3-bedroom. Public records reflect 4 bedrooms. Property includes two solar systems. (35 panels total) Seller will pay off the newer solar system (approximately $30,000 value) at close of escrow. Buyer to assume existing lease/payment on the second solar system. Tile roof. Dual-pane windows. Central A/C and heating. Whole-home water softener system. Updated electrical panel. Functional open layout with formal living room and separate family room featuring a fireplace and direct access to the backyard through sliding glass doors. Wood flooring throughout. Recessed lighting and ceiling fans. Spacious kitchen with custom wood Self-closing cabinetry, granite countertops, center island with bar seating, built-in wine storage, and stainless steel appliances. Seamless flow into dining and living areas. Large primary suite with ample walk-in closet space and upgraded tile bathroom featuring a walk-in shower with glass enclosure. Secondary bathroom with updated finishes and full shower enclosure. Generously sized secondary bedrooms. Backyard designed for usability and low maintenance with extensive paver hardscape, multiple seating areas, raised garden beds, mature landscaping, and included spa. Previously had a pool, which has been covered. Front yard with established landscaping and shaded sitting area. Oversized driveway with additional parking plus attached two-car garage. Quiet street location near schools, parks, shopping, dining, and convenient freeway access. Move-in ready.

Mortgage Calculator

Est. Monthly Payment

$5,453

Principal & Interest$4,344
Property Tax$859
Insurance$251
%($171,800)
%

Location

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Investment Score

37C
Est. Monthly Rent
$3,940
Monthly Cashflow

Rent − PITIA

$-1,514
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,136

Mortgage (P+I)
$4,344
Cap Rate
1.69%
Cash-on-Cash
-21.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$8,012

NOI (Annual)
$14,496
Price-to-Rent

Lower = better for investors

18.2

* 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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