1236 Orkney Lane
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1236 Orkney Lane

D

Cardiff-by-the-Sea, CA 92007

$1,095,000
NEW — 2d

Beds

3

Baths

2

Sqft

816

Year Built

1967

Days on Market

2

Property Type

Condo

HOA/mo

N/A

MLS ID

NDP2603976

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

About This Property

Rare opportunity to own a fully remodeled Cardiff bungalow located approximately one mile from Swami’s Beach and within short distance to Cardiff’s shops, restaurants, parks, and coastal amenities. This updated 3-bedroom, 2-bath home features a bright, open-concept layout with a redesigned kitchen including quartz countertops, custom backsplash, and stainless steel appliances. Wide-plank white oak tone flooring runs throughout the home, complemented by recessed lighting, skylights, new windows, and sliding doors providing natural light. Additional features include modern ceiling fans in each bedroom, an oversized closet, and a full-size Samsung front-load stackable washer and dryer. Exterior improvements include fresh paint, updated retaining walls, and refreshed landscaping. The property offers two driveway parking spaces and additional street parking. Located near Encinitas beaches, dining, and coastal recreation, this home provides updated interiors and a convenient coastal location in North County.

Mortgage Calculator

Est. Monthly Payment

$6,951

Principal & Interest$5,537
Property Tax$1,095
Insurance$319
%($219,000)
%

Location

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Comparable Properties

2 comps found

This Property

$3,833

vs

Comp Average

$4,811

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

8D
Est. Monthly Rent
$3,833
Monthly Cashflow

Rent − PITIA

$-3,118
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,912

Mortgage (P+I)
$5,537
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,212

NOI (Annual)
$7,499
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.

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