3020 Cowley Way

3020 Cowley Way #208

D

San Diego, CA 92117

$747,900
NEW — 0d on market

Beds

2

Baths

2

Sqft

844

Year Built

1983

Days on Market

0

Property Type

Condo

HOA/mo

$435

MLS ID

260008064SD

View on MLS

Description

Model Home – Residence 208 at The Heights at Bay Park. Arguably one of the most coveted locations in the entire community, this beautifully appointed two-bedroom, two-bath model residence showcases sweeping views extending all the way to the ocean. Positioned to capture coastal breezes and sunset skies, this light-filled home offers an exceptional combination of location, outlook, and thoughtful design. The open-concept living area flows seamlessly to a private balcony, creating an ideal setting for indoor-outdoor living. The kitchen opens to the dining and living spaces, making everyday living and entertaining effortless. Professionally designed as the community’s featured model, this residence includes upgraded finishes, contemporary styling, and carefully curated details throughout. The spacious primary suite offers an en-suite bath and generous closet space, while the secondary bedroom and full bath provide flexibility for guests, home office, or additional living needs. Every space has been thoughtfully arranged to maximize comfort, functionality, and natural light. Located within close proximity to beaches, Mission Bay, coastal bike paths, dining, shopping, and major freeways, The Heights at Bay Park offers convenience and lifestyle in one of San Diego’s most desirable coastal-close neighborhoods. As the showcased model home, Residence 208 represents a rare opportunity to own one of the best-positioned homes in the community, combining ocean views, designer upgrades, and a highly sought-after location.

Mortgage Calculator

Est. Monthly Payment

$5,183

Principal & Interest$3,782
Property Tax$748
Insurance$218
HOA$435
%($149,580)
%

Investment Score

0D
Est. Monthly Rent
$2,349
Monthly Cashflow

Rent − PITIA

$-2,834
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,997

Mortgage (P+I)
$3,782
Cap Rate
-0.35%
Cash-on-Cash
-32.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$7,540

NOI (Annual)
$-2,585
Price-to-Rent

Lower = better for investors

26.5

* 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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