877 Blackstone Drive
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877 Blackstone Drive

C

San Marcos, CA 92078

$695,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,251

Year Built

2021

Days on Market

2

Property Type

Townhouse

HOA/mo

$272

MLS ID

NDP2603990

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

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About This Property

Welcome home to this modern sanctuary nestled within the gated community of Rancho Tesoro in North City San Marcos. Thoughtfully designed and built in 2021, this residence embodies the essence of contemporary California living—where comfort, efficiency, and flexibility come together seamlessly. This 2-bedroom, 2-bath, 1,251 sq. ft. home offers a highly functional layout enhanced by a versatile bonus space on the entry level—ideal for a home office, gym, media room, or additional living area. The main living level features an openconcept design connecting the kitchen, dining, and living areas. The chef-inspired kitchen includes quartz countertops, upgraded cabinetry, stainless steel appliances, and a peninsula with bar seating. The primary suite provides a comfortable retreat, complete with a walkin closet and a well-appointed ensuite bath featuring dual vanities and a spacious walk-in shower. A secondary bedroom and full bathroom offer additional flexibility for guests or extended use. Elevated features throughout the home include luxury vinyl plank flooring, upgraded carpeting, recessed lighting, a whole house fan, tankless water heater, fully paid solar, and an attached 2-car garage equipped with EV charging capability—delivering both comfort and long-term energy efficiency. Experience the perfect blend of modern design, flexible living, and everyday ease in one of North City’s most sought-after communities.

Mortgage Calculator

Est. Monthly Payment

$4,684

Principal & Interest$3,514
Property Tax$695
Insurance$203
HOA$272
%($139,000)
%

Location

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Investment Score

33C
Est. Monthly Rent
$3,113
Monthly Cashflow

Rent − PITIA

$-1,571
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,866

Mortgage (P+I)
$3,514
Cap Rate
1.12%
Cash-on-Cash
-24.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,836

NOI (Annual)
$7,774
Price-to-Rent

Lower = better for investors

18.6

* 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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