1408 Stratford Ct
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1408 Stratford Ct

Dbottom 20%

Del Mar, CA 92014

$12,350,000
NEW — 0d

Pass at asking: -$80,840/mo full cashflow at 20% down, 7.43% rate.

Works at $1,824,561 (85% under asking); even all cash loses money at asking.

Rent $18,199/mo from 15 leases of 3–5 bed houses within 0.5 mi ($13,319–$22,046).

Beds

4

Baths

4

Sqft

4,600

Year Built

2026

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026760SD

This property is in Del Mar (92014). View neighborhood stats →

About This Property

This brand-new custom constructed estate blends sophisticated modern design with an exceptional walkable location, just moments from Del Mar’s renowned beaches, restaurants, and boutiques. Offering approximately 4,600 square feet of thoughtfully designed living space, the residence features five bedrooms, six bathrooms, an entry-level primary suite, an attached ADU, and an elevator for effortless access throughout. Clean architectural lines, abundant natural light, and expansive open-concept living spaces create an inviting yet refined atmosphere. Walls of sliding glass doors open seamlessly to the beautifully landscaped grounds, where a private pool/spa, covered outdoor living area with ceiling heaters, and built-in BBQ set the stage for year-round entertaining. Situated on a generous 7,111-square-foot lot with two garage spaces and additional driveway parking for two vehicles, this exceptional new construction offers the rare opportunity to enjoy contemporary luxury and the quintessential Del Mar Village lifestyle.

Mortgage Calculator

Est. Monthly Payment

$84,562

Principal & Interest$68,609
Property Tax$12,350
Insurance$3,602
%($2,470,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Del Mar Heights Elementary · grades K-6 · Del Mar Union Elementary

  • Middle

    Earl Warren Middle · grades 7-8 · San Dieguito Union High

  • High

    Torrey Pines High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Del Mar allows new short-term rentals only in the owner's primary residence, and its cap is full. See the rules

Investment Score

0D
Est. Monthly Rent
$18,199

15 leases of 3–5 bed houses within 0.5 mi · $13,319–$22,046

Monthly Cashflow

Rent − PITIA

-$66,362
Full Cashflow

Incl. vacancy, PM, maint, capex

-$80,840

What would make this work?

$80,840/mo short at 20% down; +$104,987/mo rent closes it.

Break-even price

85% under asking

$1,824,561
Break-even rent

$104,987/mo above the estimate

$123,186/mo
Cashflow at 35% down
−$67,976/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$68,609
Cap Rate
-1.10%
Cash-on-Cash
-39.27%
DSCR

Need ≥ 1.25 for DSCR loan

0.22

NOI (Annual)
-$135,846
Price-to-Rent

Lower = better for investors

56.6

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$80,840/mo