623 Edgewater

623 Edgewater

C

San Marcos, CA 92078

$1,199,000
NEW — 1d

Beds

4

Baths

3

Sqft

3,072

Year Built

2004

Days on Market

1

Property Type

Single Family

HOA/mo

$125

MLS ID

260017628SD

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

About This Property

Exceptional Living in Gated Silvercrest Community! Beautifully updated & move-in ready, this light-filled home features soaring ceilings, luxury vinyl plank flooring, a versatile floor plan with a bedroom & full bath on the main level, an updated kitchen with quartz countertops & new stainless steel appliances, & a spacious primary retreat. Ideally located in a quiet neighborhood near Cal State San Marcos, hospitals, shopping, dining, parks, and freeway access, this exceptional home offers the perfect blend of style, comfort, and convenience. Exceptional Living. Experience refined living at 623 Edgewater Drive, a beautifully appointed residence where sophisticated design meets everyday comfort. From the moment you enter, soaring ceilings and abundant natural light create an inviting sense of space, while luxury vinyl plank flooring, fresh designer-inspired finishes, and elegant updates elevate every room. Designed for both entertaining and comfortable living, the thoughtfully crafted floor plan features formal living and dining rooms, an inviting family room with a fireplace, and a beautifully updated kitchen with quartz countertops, brand-new stainless steel appliances, generous cabinetry, and a sunny breakfast nook. A bedroom and full bathroom on the main level provide flexibility for guests, multigenerational living, or a private home office. Upstairs, escape to the spacious primary retreat featuring a luxurious ensuite bath and oversized walk-in closet. Two additional bedrooms connected by a Jack-and-Jill bathroom, along with an upstairs laundry room, offer exceptional functionality for today's lifestyle. Nestled in a peaceful neighborhood near Cal State San Marcos, premier healthcare, shopping, dining, parks, fitness centers, and major freeways, this exceptional home combines timeless elegance, modern updates, and an unbeatable location--an opportunity not to be missed.

Mortgage Calculator

Est. Monthly Payment

$7,737

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$125
%($239,800)
%

Investment Score

6D
Est. Monthly Rent
$4,197
Monthly Cashflow

Rent − PITIA

$-3,540
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,504

Mortgage (P+I)
$6,063
Cap Rate
0.56%
Cash-on-Cash
-27.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$11,345

NOI (Annual)
$6,702
Price-to-Rent

Lower = better for investors

23.8

* 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.

Get Expert AnalysisOpen Full Calculator