3192 Via De Caballo
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3192 Via De Caballo

C

Encinitas, CA 92024

$1,599,000
NEW — 5d

Soft Appraisal Value: $1,551,800 · 3.0% above estimate

Beds

3

Baths

3

Sqft

1,898

Year Built

1976

Days on Market

5

Property Type

Single Family

HOA/mo

$395

MLS ID

NDP2606371

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

Virtual Tour

About This Property

The Lake Val Sereno community in Olivenhain is a neighborhood you'll want to call home, offering tree-lined streets and a serene atmosphere. This stunning, remodeled home is a must-see, featuring breathtaking views and exquisite finishes throughout. The remodel is tastefully done with new cabinets featuring soft-close drawers and doors, quartz countertops, luxury vinyl flooring, neutral paint, recessed lighting, new vinyl windows, marble sinks in the bathrooms, and beautiful tile walls and floors. The layout is seamless, with an inviting open kitchen, three bedrooms, and three bathrooms, including one full bathroom conveniently located on the main level. The expansive kitchen includes a cozy nook with a desk opening to a charming courtyard, an oversized island, new appliances, and ample storage. The entire rear of the home- including the family room, dining room, primary bedroom, and a secondary bedroom- showcases spectacular views with sliding glass doors that lead to spacious decks overlooking the serene Olivenhain hills. The dining room is perfect for large gatherings, extending to a massive deck creating a real indoor-outdoor space. Step down into the comfortable yet spacious family room with a stunning marble fireplace and those gorgeous views. The primary bedroom is generously sized, featuring another stunning marble fireplace, a walk-in closet, and an adjoining bathroom complete with a soaking tub, dual vanity, and beautiful shower. Additional features include custom built-in closets in all bedrooms, a fully finished garage with a spacious laundry area, and mini-split A/C units in the bedrooms. Perfectly located within the Encinitas/San Dieguito School District, the home is near beautiful hiking trails, Rancho Santa Fe, downtown Encinitas, shopping, dining, and breathtaking North County beaches. This truly is a remarkable home and community that you won’t want to miss!

Mortgage Calculator

Est. Monthly Payment

$10,546

Principal & Interest$8,085
Property Tax$1,599
Insurance$466
HOA$395
%($319,800)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,827
Monthly Cashflow

Rent − PITIA

$-4,718
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,391

Mortgage (P+I)
$8,085
Cap Rate
0.52%
Cash-on-Cash
-27.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$15,426

NOI (Annual)
$8,331
Price-to-Rent

Lower = better for investors

22.9

* 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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