2020 Coolngreen Lane
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2020 Coolngreen Lane

D

Encinitas, CA 92024

$1,250,000
NEW — 2d on market

Beds

3

Baths

2.5

Sqft

1,326

Year Built

1985

Days on Market

2

Property Type

Single Family

HOA/mo

$180

MLS ID

NDP2603446

This property is in Encinitas (92024). View neighborhood stats →

Virtual Tour

About This Property

Tucked into the sought-after Village Park area of Encinitas, this move-in ready home features 3-bedrooms, 2.5-baths 1,326 esf, an attached 2-car garage and a private, low-maintenance yard. Fresh interior paint, newer central HVAC, dual-pane windows, updated outlets and dimmer switches, recessed lighting downstairs, engineered hardwood flooring on the main level, and LVP flooring upstairs create a clean and functional feel throughout. The kitchen offers custom maple cabinetry with brushed nickel hardware, stainless steel appliances, a built-in microwave, flat electric cooktop, refrigerator, dishwasher, pantry cabinets with pull-out drawers, a pull-out spice rack, lazy Susan, and a dual garbage can drawer, all complemented by a window overlooking the peaceful backyard. The living room features vaulted ceilings, a cozy gas fireplace, and a beautiful custom floor-to-ceiling built-in bookcase with cabinets, enhanced by a skylight that brings in natural light and adds to the open, airy feel of the space. The first floor also includes 1 bedroom and a half bathroom. Upstairs features 2 bedrooms and 2 full baths. The spacious primary suite has vaulted ceilings, a walk-in closet, dual sinks, and a private enclosed tiled walk-in shower with corner seat and separate toilet area. The secondary bath features a tiled jetted tub and shower combination. The attached 2-car garage offers direct access and includes wall-to-wall built-in cabinetry for exceptional storage, along with a washer and dryer. Outside, enjoy a serene patio space and a wraparound greenery border extending from the side yard to the backyard—ideal for flowers, small trees, or your own garden touches. Conveniently located just minutes from beaches, shopping, dining, and easy access to I-5, this home offers the relaxed Encinitas lifestyle in a central location.

Mortgage Calculator

Est. Monthly Payment

$8,115

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$180
%($250,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,375
Monthly Cashflow

Rent − PITIA

$-3,741
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,789

Mortgage (P+I)
$6,321
Cap Rate
0.51%
Cash-on-Cash
-27.79%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$11,893

NOI (Annual)
$6,385
Price-to-Rent

Lower = better for investors

23.8

* 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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