343 Santa Helena

343 Santa Helena

D

Solana Beach, CA 92075

$2,899,900
NEW — 7d on market

Beds

5

Baths

3

Sqft

2,548

Year Built

1971

Days on Market

7

Property Type

Single Family

HOA/mo

$67

MLS ID

260002376SD

Description

This stunning Solana Beach renovation defines warm coastal elegance with a well designed floor plan. Light pours in from a wall of floor to ceiling doors, effortlessly blending indoor/outdoor living. A downstairs bedroom and full bath are nicely separated from two living areas. Kitchen features GE Café appliance suite, with double oven and 6-burner gas stove. Enjoy peace of mind with a permitted transformation that has new concrete tile roof, windows, HVAC, fencing, landscape, two yard areas and gorgeous new interior! Located on the lovely Santa Streets, this home is close to scenic Lagoon walking trails, a bike ride to Fletcher Cove Beach, and a 2 min. drive to Solana Vista Elementary. Flow from kitchen to outdoor patio with ease, entertaining with Cafe appliances, Calacatta Luxe Quartz, wine refrigerator and more. Two outdoor areas are spacious for entire family. Enjoy strolling the famed Cedros Avenue for art, music, dining and Saturday outdoor markets. The coastal village charm of Del Mar and Encinitas are nearby, along with easy access to I-5 and I-805. Something for the entire family!

Mortgage Calculator

Est. Monthly Payment

$18,476

Principal & Interest$14,663
Property Tax$2,900
Insurance$846
HOA$67
%($579,980)
%

Comparable Properties

2 comps found

This Property

$7,764

vs

Comp Average

$7,554

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent

Zillow Rent Zestimate

$7,764
Monthly Cashflow
$-14,915

Mortgage (P+I)
$14,663
Cap Rate
-0.10%
Cash-on-Cash
-30.86%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$22,058

NOI (Annual)
$-3,014
Price-to-Rent

Lower = better for investors

31.1

* Defaults: 20% down, 6.5% rate, 30yr.

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