12862 Carriage Heights Way

12862 Carriage Heights Way

C

Poway, CA 92064

$665,000

Soft Appraisal Value: $691,400 · 3.8% below estimate

Beds

2

Baths

2

Sqft

1,034

Year Built

1995

Days on Market

49

Property Type

Townhouse

HOA/mo

$680

MLS ID

NDP2603866

This property is in Poway (92064). View neighborhood stats →

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About This Property

Price improvement and exceptional value in highly sought-after Carriage Heights! This beautifully updated townhome offers features rarely found in a 2-bedroom home at this price point including an attached oversized 2-car garage, private backyard, and a view balcony with mountain and city lights views. The highly functional floor plan lives almost entirely on one level once upstairs, creating an easy and comfortable layout that feels larger than the square footage. The remodeled kitchen features white cabinetry, stone countertops, stainless steel appliances, recessed lighting, and opens to a bright living space with durable wood-laminate flooring and a stacked stone fireplace. Recent improvements and incredible features include newer HVAC, newer water heater, all new interior paint, brand new carpet in the bedrooms, updated bathroom fixtures. Also enjoy dual pane windows and sliders, and ceiling fans throughout. The private backyard and balcony create multiple outdoor spaces to relax or entertain, something rarely found in comparable townhomes. Enjoy resort-style community amenities including pool and spa, with **water and trash included in the HOA**. Ideally located within the award-winning Poway Unified School District near shopping, dining, parks, hiking trails, and convenient freeway access. Rare opportunities like this in Carriage Heights do not come along often. Dimensions and square footage are approximate per builder and assessor records. All MLS and marketing information is deemed reliable but not guaranteed.

Mortgage Calculator

Est. Monthly Payment

$4,902

Principal & Interest$3,363
Property Tax$665
Insurance$194
HOA$680
%($133,000)
%

Location

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Investment Score

30C
Est. Monthly Rent
$3,361
Monthly Cashflow

Rent − PITIA

$-1,541
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,868

Mortgage (P+I)
$3,363
Cap Rate
0.89%
Cash-on-Cash
-25.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$7,085

NOI (Annual)
$5,938
Price-to-Rent

Lower = better for investors

16.5

* 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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