1608 Sapphire Drive
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1608 Sapphire Drive

C

Carlsbad, CA 92011

$1,599,000

Soft Appraisal Value: $1,574,100 · 1.6% above estimate

Beds

3

Baths

2.5

Sqft

2,284

Year Built

2000

Days on Market

45

Property Type

Single Family

HOA/mo

$235

MLS ID

NDP2604284

This property is in Carlsbad (92011). View neighborhood stats →

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About This Property

NEW PRICE IMPROVEMENT! Now offered at an Improved Price, this exceptional home presents a rare opportunity to enjoy comfort, quality, and outstanding value in a highly desirable location. Experience effortless elegance in this impeccably maintained home that lives like a single story, featuring a spacious PRIMARY SUITE ON THE MAIN LEVEL. Nestled within one of Carlsbad's most desirable gated communities, this thoughtfully designed residence offers 3 bedrooms, 2.5 bathrooms, and a versatile loft space perfect for a home office, media room, play area, or potential 4th bedroom. Every detail reflects pride of ownership, with the property presented in meticulous, pristine condition throughout. Enjoy light-filled living spaces, a well-appointed kitchen, and a low-maintenance yard, ideal for relaxing and entertaining. The immaculate garage comes with built-in storage cabinets, epoxy flooring and extra space for your work bench, bikes, boards and more. The tight-knit coastal community of Mar Brisa enjoys neighborhood events throughout the year, a community pool with BBQ's, tot lot, exercise park, 2 hot tubs, and RV/Boat parking. Located just minutes from award-winning schools, shopping, dining, beaches and coastal amenities, this home delivers the perfect blend of convenience and elevated living. Don't miss your chance to own in one of Carlsbad's top, most sought after gated neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$10,386

Principal & Interest$8,085
Property Tax$1,599
Insurance$466
HOA$235
%($319,800)
%

Location

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Investment Score

11D
Est. Monthly Rent
$6,622
Monthly Cashflow

Rent − PITIA

$-3,763
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,619

Mortgage (P+I)
$8,085
Cap Rate
1.10%
Cash-on-Cash
-24.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$15,218

NOI (Annual)
$17,597
Price-to-Rent

Lower = better for investors

20.1

* 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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