3020 Cowley Way

3020 Cowley Way #305

D

San Diego, CA 92117

$683,900
NEW — 0d on market

Beds

2

Baths

1

Sqft

814

Year Built

1983

Days on Market

0

Property Type

Condo

HOA/mo

$435

MLS ID

260008124SD

View on MLS

Description

Residence 305 at The Heights at Bay Park is a desirable third-floor corner residence featuring tall ceilings and upgrades throughout, creating a light, bright, and airy living environment. This thoughtfully designed home offers an open-concept layout that maximizes natural light from multiple exposures, enhancing the spacious feel and comfortable flow between living areas. The corner location provides added privacy and a quiet setting while maintaining a welcoming atmosphere ideal for everyday living and entertaining. The kitchen is positioned within the main living space with a clean, contemporary design that complements the open layout. The living and dining areas feel expansive thanks to the elevated ceiling height and abundant natural light. Large windows bring in sunlight throughout the day, further enhancing the bright interior and highlighting the upgraded finishes. Located on the third floor, Residence 305 benefits from its elevated position and open feel. The corner placement, tall ceilings, and upgraded features combine to create a comfortable and refined home. The Heights at Bay Park is conveniently located within reach of San Diego’s finest, including shopping, dining, coastal attractions, and commuter routes.

Mortgage Calculator

Est. Monthly Payment

$4,777

Principal & Interest$3,458
Property Tax$684
Insurance$199
HOA$435
%($136,780)
%

Investment Score

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

Rent − PITIA

$-2,427
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,537

Mortgage (P+I)
$3,458
Cap Rate
-0.14%
Cash-on-Cash
-31.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$6,943

NOI (Annual)
$-949
Price-to-Rent

Lower = better for investors

24.3

* 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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