3332 Heather Ridge Court
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3332 Heather Ridge Court

D

San Marcos, CA 92078

$1,079,000

Soft Appraisal Value: $1,065,500 · 1.3% above estimate

Beds

4

Baths

3

Sqft

1,797

Year Built

1989

Days on Market

108

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601052

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Must See! This turnkey stunner has been tastefully updated throughout, and shows beautifully. Located on a quiet cul-de-sac in the acclaimed San Marcos School District, this lovely 4 bed, 3 bath home features a bedroom and adjacent bath on the main floor, a gas fireplace in the living room, a roomy dining area, and a spacious family room with upgraded windows throughout. The primary suite features an opening leading to the adjacent bedroom (currently used as an office) and could easily be closed to restore the 4th bedroom to it's original configuration. The open kitchen layout boasts upgraded cabinetry with soft-close drawers, and topped with beautiful "leather" granite. Paid solar and artificial grass keep the utility bills low! Thoughtfully landscaped for low maintenance, the backyard features a roomy patio perfect for cookouts and entertaining, and a mini orchard with several fruit trees including Fuji Apple, Asian Pear, Lemon, Orange, Apricot and Persimmon. NO HOA!

Mortgage Calculator

Est. Monthly Payment

$6,850

Principal & Interest$5,456
Property Tax$1,079
Insurance$315
%($215,800)
%

Location

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Investment Score

23D
Est. Monthly Rent
$4,592
Monthly Cashflow

Rent − PITIA

$-2,258
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,213

Mortgage (P+I)
$5,456
Cap Rate
1.38%
Cash-on-Cash
-23.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$10,064

NOI (Annual)
$14,912
Price-to-Rent

Lower = better for investors

19.6

* 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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