15840 Caminito Cantaras
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15840 Caminito Cantaras

D

Del Mar, CA 92014

$2,395,000
NEW — 3d

Soft Appraisal Value: $2,343,600 · 2.2% above estimate

Beds

4

Baths

2.5

Sqft

2,353

Year Built

1997

Days on Market

3

Property Type

Single Family

HOA/mo

$225

MLS ID

NDP2605193

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

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About This Property

Beautifully remodeled & spacious home in private nature setting with primary bedroom downstairs. Open floor plan with beautiful cherry wood floors, tall ceilings, & elegant designer touches. First-floor primary bedroom suite with high ceilings, crown molding, cozy fireplace, sitting area, & French door to enchanting rear patio. Primary bath includes quartzite counters, porcelain file floor, additional closets, & a large, walk-in quartzite shower. Gourmet kitchen with wood floors, porcelain counters, natural stone backsplash, gorgeous cabinets, center island with seating, & walk-in pantry. Double doors open to back patio & pool with disappearing screens. Living room & dining area in flowing open-concept elegance & spaciousness. Ceremic-tile fireplace anchors the dining area. Beautiful private backyard with lush nature landscaping, inviting patio, & steps up hill to private meditation/reading bench. Resort-like pool area with salt-water pool with spilling water features, large inviting spa, & multiple lounging areas. Additional bedrooms are separated from the primary BR. One bedroom/office is up a set of short steps. The other 2 generously-sized bedrooms, plus a bathroom with a combo tub/shower, are up another short set of steps. Many extras: 20 solar panels. EV charger. New A/C. New pool pump & heater. Newer side neighbor fence. Crown molding in entire house. Neighbor on only 1 side. Community park on other side. Outstanding location with short walk to restaurants & shops. Close to beach & parks. Easy access to freeway.

Mortgage Calculator

Est. Monthly Payment

$15,429

Principal & Interest$12,110
Property Tax$2,395
Insurance$699
HOA$225
%($479,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$7,923
Monthly Cashflow

Rent − PITIA

$-7,506
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,325

Mortgage (P+I)
$12,110
Cap Rate
0.39%
Cash-on-Cash
-28.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$22,630

NOI (Annual)
$9,431
Price-to-Rent

Lower = better for investors

25.2

* 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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