828 Settlers Court
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828 Settlers Court

C

San Marcos, CA 92069

$1,499,000
NEW — 1d

Soft Appraisal Value: $1,467,000 · 2.2% above estimate

Beds

4

Baths

3

Sqft

2,733

Year Built

2003

Days on Market

1

Property Type

Single Family

HOA/mo

$184

MLS ID

NDP2605651

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

Welcome to this Olive Hills Estates beautifully maintained SINGLE LEVEL home offering OWNED SOLAR and exceptional OUTDOOR LIVING. Set on a premium elevated lot, the backyard showcases spectacular mountain and SUNSET VIEWS as well as a covered patio dining area, FIREPIT, and a private PUTTING GREEN, creating the perfect setting for relaxing or entertaining year-round. *** The open floor plan is enhanced by soaring ceilings, abundant natural light, crown moldings and spacious living areas. The REMODELED KITCHEN serves as the heart of the home, featuring a stunning QUARTZITE ISLAND with seating and walk-in & Butler's pantries. Appliances include BOSCH & KITCHENAID. All three bathrooms have been thoughtfully UPDATED with quality materials and modern design. A PRIVATE GUEST BEDROOM and adjacent full bath provide ideal accommodations for family or visitors, while the OFFICE near the entry offers a flexible space for working from home, studying, or a fourth bedroom. *** Additional highlights include citrus trees, high-end artificial turf in both front and rear yards, and low-maintenance low-water landscaping. *** Neighborhood is in close proximity to Shopping, Parks, Schools, Cal State San Marcos and walking Trails. This showcase home reflects PRIDE OF OWNERSHIP throughout and will not disappoint. *** See additional upgrades and seller notes in DOCS.

Mortgage Calculator

Est. Monthly Payment

$9,700

Principal & Interest$7,580
Property Tax$1,499
Insurance$437
HOA$184
%($299,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,987
Monthly Cashflow

Rent − PITIA

$-4,713
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,109

Mortgage (P+I)
$7,580
Cap Rate
0.38%
Cash-on-Cash
-28.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$14,219

NOI (Annual)
$5,650
Price-to-Rent

Lower = better for investors

25.0

* 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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