8444 New Salem
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8444 New Salem #12

D

San Diego, CA 92126

$524,999
NEW — 0d on market

Beds

2

Baths

2

Sqft

866

Year Built

1985

Days on Market

0

Property Type

Condo

HOA/mo

$420

MLS ID

260008300SD

This property is in San Diego (92126). View neighborhood stats →

View on MLS

About This Property

HIGHLY DESIRED LOCATION IN COMMUNITY! TWO MASTER BEDROOMS! NO MELLO-ROOS! Hello! My name is 8444 New Salem Street #12, but you can just call me “home.” I’m that rare single-story corner condo in the heart of Mira Mesa; the kind that feels bright, open, and peaceful the moment you walk in. With two true primary bedrooms, I’m designed for comfort and flexibility, perfect for roommates, guests, or the ideal work-from-home setup. Take a look around and you’ll notice my beautiful hard-surface floors throughout, even on my private balcony. It’s a clean, modern touch you won’t find in most units. My kitchen is well-kept and ready for your own designer upgrades whenever the time feels right. My living space flows out to a serene balcony, your morning coffee spot, your unwind-after-work corner, your weekend reading retreat. And here’s where I really shine: I’m steps from the sparkling community pool and directly across from the new $55 million Mira Mesa Park & Recreation Project, transforming this entire area into one of San Diego’s most exciting activity hubs. Add in Mira Mesa’s great eateries, shops, and proximity to Qualcomm, tech, and biotech companies, and you’ve got a location with both lifestyle and long-term value. My community is peaceful, green, and well maintained, with mature trees, open spaces, and plenty of places to relax. If you’ve been searching for a home that feels peaceful, practical, and perfectly placed, I’d love to welcome you in. Come see me soon… homes like me don’t stay single for long.

Mortgage Calculator

Est. Monthly Payment

$3,753

Principal & Interest$2,655
Property Tax$525
Insurance$153
HOA$420
%($105,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$3,246
Monthly Cashflow

Rent − PITIA

$-507
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,691

Mortgage (P+I)
$2,655
Cap Rate
2.20%
Cash-on-Cash
-19.32%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$5,442

NOI (Annual)
$11,567
Price-to-Rent

Lower = better for investors

13.5

* 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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