1759 Edgefield Dr

1759 Edgefield Dr

D

Encinitas, CA 92024

$1,100,000

Soft Appraisal Value: $1,078,100 · 2.0% above estimate

Beds

3

Baths

2.5

Sqft

1,492

Year Built

1983

Days on Market

18

Property Type

Condo

HOA/mo

$420

MLS ID

NDP2600065

Description

Centrally located, Seagate Village condo. Updated kitchen has granite counters, stainless appliances, and adjacent space for dining or a small family room. Upgrades include wood floors, replaced windows and sliders, A/C, and updated baths. Outdoor space includes a private patio between the home and two-car garage, and balcony off the primary bedroom. The Seagate Village community features a gated pool with spa, private greenbelt park and tennis court with pickle ball nets. Ideally located between Flora Vista Elementary and Diegueno Middle Schools. Encinitas is home to world class beaches, a Coaster Station, great restaurants, and a vibrant night life on the Coast Highway 101.

Mortgage Calculator

Est. Monthly Payment

$7,403

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$420
%($220,000)
%

Investment Score

4D
Est. Monthly Rent
$5,064
Monthly Cashflow

Rent − PITIA

$-2,339
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,421

Mortgage (P+I)
$5,562
Cap Rate
1.25%
Cash-on-Cash
-24.11%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$10,805

NOI (Annual)
$13,699
Price-to-Rent

Lower = better for investors

18.1

* 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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