12360 Carmel Country Road
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12360 Carmel Country Road #303

C

Carmel Valley, CA 92130

$600,000
NEW — 4d

Beds

1

Baths

1

Sqft

800

Year Built

2003

Days on Market

4

Property Type

Condo

HOA/mo

$436

MLS ID

NDP2603728

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

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About This Property

Highly sough-after 800 sq. ft. condo with the best price in Carmel Valley, rare find and move-in ready. Located on the top floor of the luxury Heights at Carmel Valley, nobody is above it. The unit offers a quiet and spacious living area with a coy fireplace and a relax living space to enjoy. The high ceilings, big bright windows and glass doors to balcony brings a lot of natural light to the unit. Sit on the balcony to enjoy the fresh outdoor air or stay inside and the wood flooring with central HVAC provides a year around comfortable living. The generously sized kitchen with its walk-in pantry with a plenty of shelves is ready for you to cook your own meals to enjoy at home. The spacious bedroom with walk-in closet gives you more options to select your bedroom furniture and clothes for all season. The gated luxury community amenities include resort style clubhouse, swimming pool, spa/hot tub, BBQ/picnic area, gym, business center, and meeting rooms. Must see to appreciate.

Mortgage Calculator

Est. Monthly Payment

$4,245

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$436
%($120,000)
%

Location

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Investment Score

33C
Est. Monthly Rent
$2,794
Monthly Cashflow

Rent − PITIA

$-1,451
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,594

Mortgage (P+I)
$3,034
Cap Rate
0.88%
Cash-on-Cash
-25.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,162

NOI (Annual)
$5,285
Price-to-Rent

Lower = better for investors

17.9

* 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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