11243 Corte Isabelino
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11243 Corte Isabelino

D

Carmel Valley, CA 92130

$2,099,000
NEW — 2d

Soft Appraisal Value: $2,050,300 · 2.4% above estimate

Beds

4

Baths

2.5

Sqft

2,182

Year Built

2000

Days on Market

2

Property Type

Single Family

HOA/mo

$26

MLS ID

260009406SD

This property is in Carmel Valley (92130). View neighborhood stats →

About This Property

Priced to sell! The most recent comparable property just sold for $2.22M. This property features 3 bedrooms plus an office, which could be used as a 4th bedroom. It has been beautifully updated and is ready for you to move in! Situated on a corner lot with southern exposure, this home enjoys an abundance of natural light. Enjoy recent upgrades throughout the home, including a remodeled kitchen completed three years ago, plus new flooring, an upgraded master bathroom, and a newer A/C system installed last year. Award-winning Ocean Air Elementary, CVMS, and TPHS or CCA high. Only $26/mth HOA. Just minutes from Del Mar beach, freeway, parks, recreation centers, and top-tier shopping destinations.

Mortgage Calculator

Est. Monthly Payment

$13,351

Principal & Interest$10,614
Property Tax$2,099
Insurance$612
HOA$26
%($419,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,385
Monthly Cashflow

Rent − PITIA

$-7,966
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,953

Mortgage (P+I)
$10,614
Cap Rate
-0.19%
Cash-on-Cash
-31.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$19,610

NOI (Annual)
$-4,077
Price-to-Rent

Lower = better for investors

32.5

* 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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