1874 Forestdale
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1874 Forestdale

C

Encinitas, CA 92024

$825,000
NEW — 6d

Soft Appraisal Value: $799,600 · 3.2% above estimate

Beds

2

Baths

2

Sqft

936

Year Built

1975

Days on Market

6

Property Type

Condo

HOA/mo

$456

MLS ID

260016152SD

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

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About This Property

Super-clean, bright and sunny 55+ home with spectacular views of Rancho Santa Fe! Move-in ready... Very quiet and private, wonderful neighbors!! Great location in the complex -- across from heated pool and golf course. Well maintained condo in High Country Villas, a quiet and safe 55+ community with gorgeous views of Rancho Santa Fe and surrounding hills. Enjoy the beautiful golf course, recreation facilities, pickleball court, heated pool and spa!! Very convenient location: close to shopping, El Camino Real, I-5, medical offices. This unit is clean, bright, sunny, and one of the best locations in the community -- directly across the street from the pool and golf course. It boasts panoramic views from all windows!! Recently upgraded mini-split electric heating and cooling system, but rarely needed due to nice coastal weather and cross breezes. A must-see property. Buyer should verify everything, including information in this MLS, prior to contingency removal.

Mortgage Calculator

Est. Monthly Payment

$5,693

Principal & Interest$4,172
Property Tax$825
Insurance$241
HOA$456
%($165,000)
%

Location

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Investment Score

25D
Est. Monthly Rent
$3,753
Monthly Cashflow

Rent − PITIA

$-1,941
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,491

Mortgage (P+I)
$4,172
Cap Rate
0.99%
Cash-on-Cash
-25.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,287

NOI (Annual)
$8,164
Price-to-Rent

Lower = better for investors

18.3

* 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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