17337 Plaza Maria

17337 Plaza Maria

D

Rancho Bernardo, CA 92128

$675,000

Soft Appraisal Value: $674,200 · 0.1% above estimate

Beds

2

Baths

2

Sqft

1,431

Year Built

1973

Days on Market

10

Property Type

Condo

HOA/mo

$530

MLS ID

260006539SD

View on MLS

Description

The Italian Villa at 17337 Plaza Maria has a one of a kind westward facing view of the Cuyamaca Mountains surrounding Lake Hodges that is reminiscent of a view in Tuscany. Vaulted ceilings and $65,000 in custom improvements include complete renovation of the kitchen & bathrooms, new double pane windows & zebra window coverings, new water pressure regulator valve, soft water system, new appliances, LVP flooring throughout & custom pebble rock entry and master bath floors, custom fixtures, ceiling fans & accents, new HVAC system, and more. Detailed list of renovation and improvement costs available on request. Oaks North is a wonderfully welcoming and well-managed 55+ community with HOAs that keep the clubhouse and the grounds in excellent condition. Clubhouse HOA annual fee of $500 includes unlimited use of pool, spa, sauna, tennis & pickleball courts, lawn bowling, ceramics studio, billiard & fitness rooms, and library. Monthly condo HOA fee of $530 includes internet, cable, water, sewage, trash, and immaculate maintenance of grounds. Walkable distance to Bernardo Winery , Manzanita Roastery/Coffee, Icarus Creative Arts, Talavera Art and Pottery, Rancho Bernardo Farmers Market, The Salon At The Vineyard hair salon, and more. Come, enjoy a glass of wine on the balcony and experience all the Italian Villa has to offer!

Mortgage Calculator

Est. Monthly Payment

$4,815

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$530
%($135,000)
%

Investment Score

3D
Est. Monthly Rent
$3,308
Monthly Cashflow

Rent − PITI − HOA

$-1,507
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,831

Mortgage (P+I)
$3,413
Cap Rate
1.04%
Cash-on-Cash
-25.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$6,984

NOI (Annual)
$6,992
Price-to-Rent

Lower = better for investors

17.0

* 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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