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1241 Orkney Lane
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1241 Orkney Lane

D

Cardiff-by-the-Sea, CA 92007

$959,000
NEW — 5d

Soft Appraisal Value: $939,800 · 2.0% above estimate

Beds

2

Baths

1

Sqft

816

Year Built

1967

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604644

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

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About This Property

Nestled in the highly sought-after coastal community of Cardiff-by-the-Sea, this beautifully updated twinhome offers the perfect combination of comfort, style, and location. Featuring 2 bedrooms plus a versatile bonus room, this charming home has been thoughtfully upgraded with a newly remodeled bathroom, new tile flooring throughout, laundry room, updated lighting, and new ceiling fans throughout. The upgraded kitchen boasts modern cabinetry and elegant quartz countertops, creating a clean and contemporary space for cooking and entertaining. French doors open to a private landscaped backyard including fruit trees and complemented with a putting green, perfect for relaxing or enjoying the Southern California lifestyle year-round. With no HOA and close proximity to beaches, restaurants, shopping, and local schools, this is an incredible opportunity to own in one of North County’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$6,088

Principal & Interest$4,849
Property Tax$959
Insurance$280
%($191,800)
%

Location

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Comparable Properties

2 comps found

This Property

$3,612

vs

Comp Average

$4,126

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

Investment Score

18D
Est. Monthly Rent
$3,612
Monthly Cashflow

Rent − PITIA

$-2,476
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,106

Mortgage (P+I)
$4,849
Cap Rate
0.93%
Cash-on-Cash
-25.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$8,945

NOI (Annual)
$8,917
Price-to-Rent

Lower = better for investors

22.1

* 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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