1774 Edgefield Lane
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1774 Edgefield Lane

D

Encinitas, CA 92024

$850,000
NEW — 0d

Beds

2

Baths

2.5

Sqft

1,097

Year Built

1983

Days on Market

0

Property Type

Condo

HOA/mo

$420

MLS ID

NDP2603912

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

This Seagate Village condo features a beautifully updated kitchen with quartz countertops, modern tile backsplash, and stainless appliances. Enjoy neutral tile flooring and newer windows and sliding door that opens to the enclosed private patio. Both the primary bedroom and second bedroom have ensuite bathrooms, ideal to accommodate guests, kids or a roommate situation. Laundry is conveniently located in the two car garage just off the patio area. The well-maintained property offers open living space, a great cross breeze and neutral finishes throughout. Located between Flora Vista Elementary and Digueno Middle Schools, in the heart of the Seagate Village Community. Amenities include a pool, spa, playground, greenbelt park, tennis/pickleball courts, sand volleyball court, and trash service for an HOA of $420/monthly. Encinitas is quintessential California living with world class beaches, a Coaster Station for commuting, great restaurants, and a vibrant community scene on the Coast Highway!

Mortgage Calculator

Est. Monthly Payment

$5,816

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$420
%($170,000)
%

Location

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Investment Score

16D
Est. Monthly Rent
$3,359
Monthly Cashflow

Rent − PITIA

$-2,457
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,938

Mortgage (P+I)
$4,298
Cap Rate
0.51%
Cash-on-Cash
-27.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$8,473

NOI (Annual)
$4,321
Price-to-Rent

Lower = better for investors

21.1

* 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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