18228 Corte De Casares
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18228 Corte De Casares

D

Rancho Bernardo, CA 92128

$1,199,000
NEW — 1d

Soft Appraisal Value: $1,176,500 · 1.9% above estimate

Beds

3

Baths

2

Sqft

1,630

Year Built

1986

Days on Market

1

Property Type

Single Family

HOA/mo

$276

MLS ID

260010410SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

Virtual Tour

About This Property

Dwell West Homes presents an exceptional move-in ready living in a premier active adult community! Remodeled single-level home tucked away at the end of a quiet cul-de-sac in the desirable Marbella neighborhood of Oaks North, one of Rancho Bernardo’s most sought-after 55+ communities. This beautifully updated residence offers a bright, open floorplan enhanced by abundant windows. The professionally redesigned interior showcases a stunning kitchen with slim white shaker cabinetry, a white oak island with waterfall edge, two large pantries, floating shelves, custom lighting, quartz countertops, new fixtures and sink, and stainless steel appliances. The warm and inviting living space centers around a lime-washed original brick fireplace with custom oak mantel. Extensive upgrades include new luxury vinyl plank flooring, fresh interior paint, updated doors and hardware, new light fixtures, recessed can lighting, ceiling fans, and new GFCI outlets throughout.The spacious primary suite features a beautifully remodeled bath with freestanding double vanity, upgraded fixtures, and tiled walk-in shower. Secondary bath has also been tastefully updated with freestanding vanity, custom lighting, upgraded fixtures, and tiled tub/shower combination. Step outside to the expansive backyard offering peaceful views and an in-ground spa. Walking distance to the beautiful Bernardo Winery. Residents enjoy access to the Oaks North Community Center with pool, tennis, pickleball courts, and a variety of social clubs and activities. Dwell West Homes presents an exceptional move-in ready living in a premier active adult community! Remodeled single-level home tucked away at the end of a quiet cul-de-sac in the desirable Marbella neighborhood of Oaks North, one of Rancho Bernardo’s most sought-after 55+ communities. This beautifully updated residence offers a bright, open floorplan enhanced by abundant windows. The professionally redesigned interior showcases a stunning kitchen with slim white shaker cabinetry, a white oak island with waterfall edge, two large pantries, floating shelves, custom lighting, quartz countertops, new fixtures and sink, and stainless steel appliances. The warm and inviting living space centers around a lime-washed original brick fireplace with custom oak mantel. Extensive upgrades include new luxury vinyl plank flooring, fresh interior paint, updated doors and hardware, new light fixtures, recessed can lighting, ceiling fans, and new GFCI outlets throughout.The spacious primary suite features a beautifully remodeled bath with freestanding double vanity, upgraded fixtures, and tiled walk-in shower. Secondary bath has also been tastefully updated with freestanding vanity, custom lighting, upgraded fixtures, and tiled tub/shower combination. Step outside to the expansive backyard offering peaceful views and an in-ground spa. Walking distance to the beautiful Bernardo Winery. Residents enjoy access to the Oaks North Community Center with pool, tennis, pickleball courts, and a variety of social clubs and activities.

Mortgage Calculator

Est. Monthly Payment

$7,888

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$276
%($239,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,147
Monthly Cashflow

Rent − PITIA

$-3,741
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,694

Mortgage (P+I)
$6,063
Cap Rate
0.37%
Cash-on-Cash
-28.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$11,542

NOI (Annual)
$4,428
Price-to-Rent

Lower = better for investors

24.1

* 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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