12372 Carmel Country Road

12372 Carmel Country Road

D

Carmel Valley, CA 92130

$869,000

Soft Appraisal Value: $901,500 · 3.6% below estimate

Beds

2

Baths

2

Sqft

1,131

Year Built

2003

Days on Market

14

Property Type

Condo

HOA/mo

$480.35

MLS ID

260004359SD

Description

This property is a textbook example of what a renovated and ideally positioned residence within the sought-after gated community of The Heights in Carmel Valley should be! Thoughtfully refreshed throughout, the home features new paint, updated flooring, modern hardware, brand new stainless steel appliances, and a new smart thermostat. An abundance of natural light fills the interior, complemented by a thorough lighting upgrade that enhances the bright and inviting atmosphere. You will enjoy resort-style amenities including a pool, spa, fitness center, clubhouse, two assigned parking spaces, and HOA-covered water and trash! Perfectly located just minutes from premier shopping, dining, and award-winning schools, this home has it all. Don’t miss the chance to see what it’s like living in one of Carmel Valley’s most desirable neighborhoods for under $900,000!

Mortgage Calculator

Est. Monthly Payment

$5,997

Principal & Interest$4,394
Property Tax$869
Insurance$253
HOA$480
%($173,800)
%

Investment Score

3D
Est. Monthly Rent
$3,464
Monthly Cashflow

Rent − PITI − HOA

$-2,532
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,053

Mortgage (P+I)
$4,394
Cap Rate
0.47%
Cash-on-Cash
-17.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$5,996

NOI (Annual)
$4,089
Price-to-Rent

Lower = better for investors

20.9

* 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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