1620 New Crest Court
Dbottom 20%Carlsbad, CA 92011
Pass at asking: -$16,395/mo full cashflow at 20% down, 7.49% rate.
Works at $569,390 (79% under asking); even all cash loses money at asking.
Rent $6,001/mo from 12 leases of 2–4 bed houses within 1 mi ($6,301–$6,918).
Beds
3
Baths
3.5
Sqft
3,113
Year Built
2015
Days on Market
0
Property Type
Single Family
HOA/mo
$229
MLS ID
OC26236382
This property is in Carlsbad (92011). View neighborhood stats →
About This Property
Character, flexibility and effortless single-level living come together at this Spanish-inspired retreat in Carlsbad's intimate New Crest Court enclave. Behind a tile roof and graceful arches, a private courtyard sets the tone, leading to approximately 3,113 square feet of living space with three bedrooms and three-and-a-half baths on a generous 10,078-square-foot lot. The detached casita, with its own dedicated air conditioning, is ready to become whatever you need: a guest suite for visiting family, a quiet home office or a creative studio set apart from the main house. Engineered wood floors and nine-foot ceilings draw you into the showpiece great room, where 16-foot ceilings, a fireplace and built-in shelving create a space that feels both grand and inviting. The open kitchen anchors it all, with a large seated island, quartz and granite counters and rich cabinetry that keep the cook in the conversation. Light streams through oversized windows, and folding glass doors open wide to a covered patio, made for Southern California evenings outdoors. Retreat to the spacious primary suite with a generous bath and walk-in closet. Thoughtful upgrades include new carpet (2026), insulated interior walls, dual AC units and a three-car tandem garage. A rare blend of architectural charm and everyday ease, just minutes from Carlsbad's beaches, shopping and dining.
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Est. Monthly Payment
$18,770
Location
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Comparable Properties
5 comps foundThis Property
$6,001
Comp Average
$6,858
6657 Curlew Terrace
4bd / 3.5ba · 2,670 sqft · Single Family
$2.13M
Est. $7,127/mo

1689 Robin Place
3bd / 2.5ba · 2,323 sqft · Single Family
$1.70M
Est. $5,853/mo
6969 Catamaran Drive
4bd / 2.5ba · 2,366 sqft · Single Family
$2.17M
Est. $7,076/mo
605 Saltgrass Avenue
4bd / 3ba · 2,468 sqft · Single Family
$2.38M
Est. $7,050/mo

1601 Starling Court
4bd / 3.5ba · 3,705 sqft · Single Family
$2.44M
Est. $7,185/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2–4 bed houses within 1 mi · $6,301–$6,918
Blended 50/50 with the zip's market median ($5,397)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$16,395/mo short at 20% down; +$21,293/mo rent closes it.
- Break-even price
- $569,390
- Break-even rent
- $27,294/mo
- Cashflow at 35% down
- −$13,572/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
79% under asking
$21,293/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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