1240 Evergreen Dr Cardiff By The Sea
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1240 Evergreen Dr Cardiff By The Sea

D

Cardiff-by-the-Sea, CA 92007

$1,200,000
NEW — 0d

Soft Appraisal Value: $1,182,800 · 1.5% above estimate

Beds

3

Baths

2.5

Sqft

1,258

Year Built

1974

Days on Market

0

Property Type

Townhouse

HOA/mo

$446

MLS ID

NDP2604903

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

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About This Property

Unparalleled excellence is felt throughout this beautifully renovated 3-bedroom end-unit condo. From the serene & PRIVATE patio, complete with a tranquil water feature—Clever storage throughout, including attic space, to the thoughtfully upgraded interiors, Lux window coverings, Overhead primary bedroom reading lights, every detail has been elevated. Enjoy fully updated kitchen, flooring, modernized laundry area, and spa-inspired full bathrooms designed for comfort and ease. Located in the highly sought-after Park Place community, known for its strong value retention and welcoming atmosphere, this home offers the perfect blend of lifestyle and location—approximately 1.5 miles from the beach. Residents enjoy access to exceptional HOA amenities including RV parking lot, scenic hiking trails, a dog park, and a sparkling pool. Whether you're a first-time buyer, downsizing, or simply seeking the ideal coastal retreat, investment property, this home offers something for everyone. Welcome HOME!

Mortgage Calculator

Est. Monthly Payment

$8,064

Principal & Interest$6,068
Property Tax$1,200
Insurance$350
HOA$446
%($240,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,418
Monthly Cashflow

Rent − PITIA

$-3,646
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,662

Mortgage (P+I)
$6,068
Cap Rate
0.41%
Cash-on-Cash
-28.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$11,771

NOI (Annual)
$4,870
Price-to-Rent

Lower = better for investors

22.6

* 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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