3116 Groton Way

3116 Groton Way

D

San Diego, CA 92110

$839,900
NEW — 6d on market

Beds

3

Baths

2

Sqft

1,260

Year Built

1964

Days on Market

6

Property Type

Townhouse

HOA/mo

$600

MLS ID

260006792SD

View on MLS

Description

Welcome to this gorgeous, remodeled, move-in-ready 3-bedroom, 2-bath single-level condo located in the highly sought-after Baycrest community of coastal Point Loma — VA approved. Thoughtfully renovated with extensive recent improvements, the home offers a fresh, modern aesthetic with beautiful quartz countertops, updated cabinetry, stylishly remodeled bathrooms, new laminate flooring, and nearly all new dual-pane windows that fill the space with abundant natural light. A rare and valuable bonus is the PRIVATE in-unit washer and dryer, while spacious bedrooms and generous storage provide both comfort and functionality. Tucked within a quiet cul-de-sac setting, Baycrest offers a peaceful, low-traffic atmosphere along with access to two community pools. Enjoy TWO private patios perfect for relaxing, entertaining, or storing your coastal lifestyle essentials. Conveniently located near shopping, coffee shops, grocery stores, major freeways, the airport, and the waterfront, this home delivers the ideal blend of comfort, convenience, and true San Diego coastal living — a rare opportunity in one of Point Loma’s most private and desirable communities.

Mortgage Calculator

Est. Monthly Payment

$5,932

Principal & Interest$4,247
Property Tax$840
Insurance$245
HOA$600
%($167,980)
%

Investment Score

6D
Est. Monthly Rent
$4,962
Monthly Cashflow

Rent − PITI − HOA

$-970
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,811

Mortgage (P+I)
$4,247
Cap Rate
2.05%
Cash-on-Cash
-20.08%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$8,613

NOI (Annual)
$17,231
Price-to-Rent

Lower = better for investors

14.1

* 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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