1839 Freda Lane
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1839 Freda Lane

D

Cardiff-by-the-Sea, CA 92007

$2,988,000

Soft Appraisal Value: $2,889,400 · 3.4% above estimate

Beds

5

Baths

4

Sqft

2,978

Year Built

1961

Days on Market

48

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602875

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

Expansive Ocean Views in Cardiff-by-the-Sea. This unique property has it all. The entry level of the home is comprised of four bedrooms and three full baths. The primary suite is generous in size and volume with a large walk-in closet. Two of the secondary bedrooms share a chic hall bathroom. The fourth entry level bedroom serves as a versatile in-law quarters, teen room or secondary primary complete with its own private entrance, kitchen, bathroom suite, and living area. This is ideal for a multi generational family. The second floor boasts a gorgeous accessory unit offering a one bedroom one bath unit with complete kitchen. The secondary unit offers breathtaking views to the pacific and opportunities for a homeowner. All finishes are clean and well appointed. Experience the ultimate coastal lifestyle from this exceptional property in Cardiff-by-the-Sea.

Mortgage Calculator

Est. Monthly Payment

$18,968

Principal & Interest$15,109
Property Tax$2,988
Insurance$871
%($597,600)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,370
Monthly Cashflow

Rent − PITIA

$-12,598
Full Cashflow

Incl. vacancy, PM, maint, capex

$-16,553

Mortgage (P+I)
$15,109
Cap Rate
-0.58%
Cash-on-Cash
-33.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$27,867

NOI (Annual)
$-17,329
Price-to-Rent

Lower = better for investors

39.1

* 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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