1852 Red Willow Oceanside

1852 Red Willow Oceanside

D

, CA 92056

$875,000
NEW — 3d on market

Beds

3

Baths

2.5

Sqft

2,193

Year Built

2023

Days on Market

3

Property Type

Townhouse

HOA/mo

$396

MLS ID

ND26031188

View on MLS

Description

BETTER THAN BRAND NEW and PRICED TO SELL! Highly upgraded townhome located in master planned community of Melrose Heights. This rare corner lot home sits at the end of a Cul de sac and boasts 2,193 sf of living space. It lives as a single-family home and features 3 bedrooms, 2.5 bathrooms, large bonus room, outdoor space and a 2-car attached garage. The open floor plan features entry level great room and modern kitchen completed with quartz countertops, shaker style cabinets, large island and full wall designer tile backsplash. All bedrooms are conveniently located on the second floor. Primary suite is finished with white quartz countertops, walk-in shower, spa like soaking tub, and an oversized walk-in closet. Top floor offers an open floor bonus room that can be utilized for a home theater, gym, play area, or a secondary family room. This fantastic home is filled with natural light as it is a corner unit and has an abundance of windows throughout. Upgrades include luxury vinyl plank flooring, stainless steel appliances, purchased solar panels, designer tile full wall backsplash, EV charger, video capable garage door opener and much more. The home has smart features throughout, includes EERO booster units for WIFI, smart dual zone thermostat, and an electronic lock. Dedicated laundry area with full size appliances is conveniently located on the second level. Wrap around private patio is great for grilling outdoors, your personal garden, relaxation, or as a safe enclosed area for kids or pets. Additional features: First and second floor ceiling height is 9 ft, third floor ceiling height is 8 ft., dual paned windows, tank-less hot water heater. This master planned community is filled with beautiful landscaping, walking paths, multiple play areas, gated heated pool and hot tub and is walking distance to the Sports Park. Other amenities include outdoor lounge areas and picnic tables, bbqs, and a fire pit. Downtown Vista and Oceanside can be reached via the Sprinter (walking distance) within minutes. Driving distance to the beach is approximately 15-20 minutes. Conveniently located near highway 76, 78, freeway 5, Guajome Park, multiple shopping plazas, and Camp Pendleton.The home is under builder 10-year warranty.

Mortgage Calculator

Est. Monthly Payment

$5,951

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$396
%($175,000)
%

Investment Score

9D
Est. Monthly Rent

Market Rent Estimate

$4,402
Monthly Cashflow

Rent − PITI − HOA

$-1,548
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,290

Mortgage (P+I)
$4,424
Cap Rate
1.56%
Cash-on-Cash
-10.62%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.99
Break-even Rent
$5,950

NOI (Annual)
$13,612
Price-to-Rent

Lower = better for investors

16.6

* Defaults: 20% down, 6.5% rate, 30yr.

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