2118 Valleydale Lane

2118 Valleydale Lane

D

Encinitas, CA 92024

$919,000
NEW — 1d on market

Beds

2

Baths

2

Sqft

936

Year Built

1985

Days on Market

1

Property Type

Condo

HOA/mo

$410

MLS ID

NDP2601798

Description

Welcome to resort style living! This remodeled and upgraded condo is perched on a hilltop looking east to Rancho Santa Fe and the mountains beyond. Located just 3.5 miles from the beach in the highly desirable Country View residential community (not age restricted) with luxurious amenities such as 2 pools with spas, an executive 9-hole golf course, pickle ball court, bocce ball court, and clubhouse that hosts regularly scheduled events. Walk-in access to Manchester Preserve hiking trails. This light and bright open floor plan features: - Vaulted ceilings and stunning panoramic views, - A fully updated functional kitchen with extra storage, quartz countertops, extra-large sink, - Meticulously crafted cabinets with soft close drawers, - Remodeled bathrooms with premium TOTO toilets & fixtures, and an extra deep soak tub, - Fresh interior paint and engineered wood flooring throughout, - Dual pane windows with upgraded window coverings, - Stackable LG washer and dryer units, - Energy-Efficient HVAC (Central Heating and Air) - A private balcony to enjoy for relaxing and entertaining, - One-car detached garage plus plenty of parking nearby. Conveniently located in Encinitas, just minutes away from grocery stores, restaurants, top rated schools, easy access to the freeway, shopping and all that the Southern California beach lifestyle affords! A must see!

Mortgage Calculator

Est. Monthly Payment

$6,244

Principal & Interest$4,647
Property Tax$919
Insurance$268
HOA$410
%($183,800)
%

Investment Score

1D
Est. Monthly Rent

HUD Fair Market Rent

$3,520
Monthly Cashflow
$-4,299

Mortgage (P+I)
$4,647
Cap Rate
0.45%
Cash-on-Cash
-28.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$7,538

NOI (Annual)
$4,171
Price-to-Rent

Lower = better for investors

21.8

* Defaults: 20% down, 6.5% rate, 30yr.

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