1839 Freda Lane

1839 Freda Lane

D

Cardiff-by-the-Sea, CA 92007

$2,988,000
NEW — 3d on market

Beds

5

Baths

4

Sqft

2,978

Year Built

1961

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602875

Description

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)
%

Investment Score

3D
Est. Monthly Rent
$11,156
Monthly Cashflow

Rent − PITI − HOA

$-7,812
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,868

Mortgage (P+I)
$15,109
Cap Rate
0.90%
Cash-on-Cash
-25.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$27,867

NOI (Annual)
$26,893
Price-to-Rent

Lower = better for investors

22.3

* 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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