1682 Saddlehorn Dr

1682 Saddlehorn Dr

D

San Marcos, CA 92069

$899,500

Soft Appraisal Value: $918,800 · 2.1% below estimate

Beds

3

Baths

2.5

Sqft

1,729

Year Built

1970

Days on Market

16

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004953SD

Description

Enjoy breathtaking, panoramic VIEWS all the way to the Ocean from atop San Marcos! Great curb appeal, sitting on nearly 1/4 Acre at the top of the hill on a cul-de-sac, this one's a 'one-of-a-kind' & truly a must-see! The double door entry creates a formal, inviting feel & the interior is especially light & bright as this home sits on a hilltop location! Updates include upgraded Low-E windows & slider allowing for tons of natural light inside the home, newer exterior doors & paint, newer roof just 1 year old, upgraded hardwood & 'LVP' luxury vinyl plank flooring throughout, newer appliances including refrigerator, dishwasher & washer/ dryer, a gas ‘range’ oven in the kitchen, all 3 upgraded bathrooms w/ newer cabinetry, sinks, flooring, toilets, lighting and more! The gorgeous ‘french' doors off the primary bedroom lead to the private balcony offering breathtaking VIEWS all the way to the OCEAN & spoiling you w/ spectacular sunset VIEWS every evening. WOW! You'll have to see it to appreciate it! Most of the home has been tastefully upgraded while still preserving its original charm. NO HOA fees saves you thousands every year & there's plenty of 'off-street' parking & room w/ privacy in front of the property at the end of the road. You’ll also really enjoy the private backyard w/ refinished deck & covered patio all surrounded w/ mature & low-maintenance landscape on a quiet, serene setting. Located conveniently close to San Marcos schools for all ages including CSUSM, nearby hiking & biking trails, local dining & shopping and everything else San Marcos has to offer! Easy 78 freeway access just down the hill & VIEWS TO THE OCEAN!

Mortgage Calculator

Est. Monthly Payment

$5,710

Principal & Interest$4,548
Property Tax$900
Insurance$262
%($179,900)
%

Investment Score

7D
Est. Monthly Rent
$3,640
Monthly Cashflow

Rent − PITI − HOA

$-2,070
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,657

Mortgage (P+I)
$4,548
Cap Rate
1.19%
Cash-on-Cash
-13.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$5,710

NOI (Annual)
$10,701
Price-to-Rent

Lower = better for investors

20.6

* 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.

Get Expert AnalysisOpen Full Calculator